Sherwin-Williams is joining the Dow, but that's not why investors should buy the stock.The stock of coatings and paint supplier Sherwin-Williams (SHW 3.98%) popped Monday morning after news about the company was released late Friday. Shares jumped as much as 7% before paring some of that gain.Still, as of 10:38 a.m. ET, Sherwin-Williams stock was higher by 4%. The move came after news that the well-known company will join the Dow Jones Industrial Average (DJIA) stock index. It will be replacing chemical mak ...

Sherwin-Williams TodaySHWSherwin-Williams$362.72 +1.34 (+0.37%) 52-Week Range$232.06▼$392.57Dividend Yield0.79%P/E Ratio36.97Price Target$390.71Add to WatchlistThe Sherwin-Williams NYSE: SHW Q3 earnings report sparked a knee-jerk reaction in the market, opening a significant opportunity for investors. While the results did not match analysts' and market expectations, the diversified paint and coating business sustained growth and indicated business health will persist in 2025. With shares down 5% and on tra ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Quarterly Period Ended September 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------- ...

A tough environment for Sherwin-Williams might mean an opportunity for investors.Shares of paint and coatings supplier Sherwin-Williams (SHW -3.98%) dropped as much as almost 5% after it reported third-quarter earnings today. The company missed Wall Street analyst expectations for both earnings per share and revenue.That not only led to the stock's plunge, but also declines in leading home improvement stocks Home Depot (HD -1.28%) and Lowe's (LOW -1.65%). As of 1:10 p.m. ET, Sherwin-Williams stock was still ...

财务数据和关键指标变化 - 公司在第三季度实现了销售增长，毛利率扩大，稀释每股收益和EBITDA均有所增长 [3][4] - 公司在本季度向股东返还了6.31亿美元，通过分红和股票回购 [4] 各条业务线数据和关键指标变化 - **涂料商店集团**：销售增长低个位数，销量和价格均上涨低个位数，部门利润率降至24.5% [8] - **消费品牌集团**：销售下降高个位数，北美市场受到现有房屋销售疲软和通货膨胀的压力，调整后的部门利润率扩大至22.9% [10] - **性能涂料集团**：净销售基本持平，调整后的部门利润率降至18% [11] 各个市场数据和关键指标变化 - 北美市场的销售下降低个位数，欧洲市场销售增长中个位数，拉丁美洲市场销量和价格均为正，但受到不利外汇影响 [10][11] 公司战略和发展方向和行业竞争 - 公司继续投资于长期增长机会，预计将通过在商店、销售和技术代表、增值服务和数字能力上的投资实现持续的市场份额增长 [4][7] - 公司在竞争中提供一致性、稳定性和可靠性，计划在市场份额增长的同时保持投资 [8] 管理层对经营环境和未来前景的评论 - 管理层对未来的需求环境持谨慎乐观态度，预计2025年将出现需求的真正转折点 [13][14] - 管理层认为当前的市场机会是前所未有的，计划继续在竞争对手未能把握的领域进行投资 [7][14] 其他重要信息 - 公司在第三季度受到两次飓风的影响，约200家商店因飓风关闭，几乎所有商店在季度末前恢复营业 [6] - 公司预计第四季度的投资步伐将放缓，SG&A的增长将回归到低至中个位数的正常水平 [4][5] 问答环节所有提问和回答 问题: 关于SG&A支出 - 管理层表示在第三季度的SG&A支出增加是为了抓住长期市场份额增长的机会，未来将继续投资于长期战略 [16][17] 问题: 关于2024和2025年的定价动态 - 管理层提到将于2024年1月6日实施5%的价格上涨，主要是由于原材料和工资的上涨压力 [21][22] 问题: 关于消费者品牌的销售和利润变化 - 管理层指出，消费者品牌的利润增长主要得益于全球供应链的改善和成本控制 [25][26] 问题: 关于竞争环境的变化 - 管理层表示，尽管市场竞争激烈，但公司仍然专注于提供高质量的销售和服务，以保持市场份额 [28][29] 问题: 关于重塑需求的前景 - 管理层认为，随着经济改善和通货膨胀减弱，重塑需求将成为未来的重要驱动力 [35][36] 问题: 关于原材料成本的变化 - 管理层提到，尽管油价下跌，但某些关键原材料的成本仍在上升，主要是由于供应链问题 [54][55] 问题: 关于未来的投资和SG&A管理 - 管理层表示，未来将继续关注SG&A的管理，以确保在市场需求回升时实现利润增长 [91][94]

业绩总结 - 2024年第三季度销售额为61.625亿美元，同比增长0.7%[4] - 毛利润为30.275亿美元，同比增长3.8%，毛利率提升至49.1%[4] - 报告每股收益（EPS）为3.18美元，同比增长7.8%[4] - 调整后每股收益为3.37美元，同比增长5.3%[4] - 2024年第三季度净利润为8.062亿美元，较2023年同期的7.615亿美元增长5.9%[22] - 2024年第三季度调整后EBITDA为12.818亿美元，占净销售额的20.8%[22] 用户数据 - 涂料商店集团（PSG）销售额为36.502亿美元，同比增长3.2%[5] - 消费品集团（CBG）销售额为7.905亿美元，同比下降7.5%[7] - 性能涂料集团（PCG）销售额为17.200亿美元，同比基本持平，下降0.2%[9] - 2024年第三季度各业务部门的利润率分别为：涂料商店集团24.5%，消费品牌集团20.9%，性能涂料集团15.1%[18] 未来展望 - 2024年第四季度销售预期为持平至低个位数增长[14] - 预计2024年资本支出约为7亿美元，其中包括1.8亿美元用于新研发设施[14] 财务状况 - 2024年第三季度净经营现金流为10.747亿美元，同比下降17.9%[10] - 截至2024年9月30日，公司总债务为101.4亿美元，平均利率为3.57%[15] - 短期借款总额为9.155亿美元，利率为5.16%[15] - 长期债务总额为92.242亿美元，利率为3.41%[15] - 2024年第三季度的利息支出为1.034亿美元[22] - 2024年第三季度的税收支出为2.166亿美元[22]

Key TakeawaysSherwin-Williams shares fell Tuesday after the paint maker posted third-quarter results below what analysts were expecting.Sales and profits grew year-over-year, but not as much as expected.CEO Heidi Petz said the company has seen "continued choppiness" and "softness" in demand for its paint products. Sherwin-Williams (SHW) shares slipped Tuesday morning after the paint manufacturer's third-quarter earnings missed estimates as demand in the do-it-yourself (DIY) painting market slumped. The Clev ...

For the quarter ended September 2024, Sherwin-Williams (SHW) reported revenue of $6.16 billion, up 0.8% over the same period last year. EPS came in at $3.37, compared to $3.20 in the year-ago quarter.The reported revenue represents a surprise of -1.05% over the Zacks Consensus Estimate of $6.23 billion. With the consensus EPS estimate being $3.56, the EPS surprise was -5.34%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stree ...

The Sherwin-Williams Company (SHW) logged third-quarter 2024 earnings (as reported) of $3.18 per share, up around 7.8% from $2.95 in the year-ago quarter.Barring one-time items, adjusted earnings in the reported quarter were $3.37 per share, which missed the Zacks Consensus Estimate of $3.56.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Sherwin-Williams posted revenues of $6,162.5 million, up around 0.7% year over year. The figure missed the Zacks Consensus Estimate of $6,227.6 mill ...

I downgraded The Sherwin-Williams Company (NYSE: SHW ) to a “Sell” rating in my previous article, published in July 2024, due to concerns about the stock's hefty price. Since that article, the stock price continued to rise as theAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for ...