It has been about a month since the last earnings report for Sherwin-Williams (SHW) . Shares have added about 7.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Sherwin-Williams due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Sherwin-Williams' Q2 Earnings Top Est ...

The Sherwin-Williams Company's (SHW) shares have appreciated 15.7% in the past three months. The company also outperformed the industry's rise of 13.8% and topped the S&P 500's 5.7% rise over the same period. Image Source: Zacks Investment Research Let's take a look at the factors driving the stock's price appreciation. What's Driving Sherwin-Williams? Sherwin-Williams delivered stronger-than-expected earnings in second-quarter 2024 and raised its full-year earnings guidance. SHW posted adjusted earnings of ...

The Sherwin-Williams Company's (SHW) shares reached a fresh 52-week high of $357.64 on Aug 15, before closing at $356.47. In the past year, the stock has rallied 30.5% against the industry's 28.2% rise in the same period. Image Source: Zacks Investment Research What's Driving Sherwin-Williams? SHW delivered forecast-topping earnings in the second quarter and raised its earnings guidance for 2024. In the second quarter, SHW reported adjusted earnings of $3.70 per share, exceeding the Zacks Consensus Estimate ...

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Thus, the more stocks you own with a #1 or #2 Rank and Scores of A or B, the better. Stock to Watch: Sherwin-Williams (SHW) Founded in 1866 and headquartered in Cleveland, OH, The Sherwin-Williams Company is into manufacturing and sales of paints, coatings and related products, primarily in the North and South America. It also has operations in the Caribbean region, Europe and Asia. Sherwin-Williams is one of the biggest paint companies in the United States and in the world. Its well-known brands include Du ...

The deferred compensation plan assets consist of the investment funds maintained for future payments under the Company's executive deferred compensation plans, which are structured as rabbi trusts. The investments are marketable securities accounted for under the Debt and Equity Securities Topics of the ASC. The Level 1 investments are valued using quoted market prices multiplied by the number of shares. The deferred compensation plan assets also include partnership funds measured using net asset value (or ...

财务数据和关键指标变化 - 第二季度合并销售额增长0.5%,其中油漆商店集团销售额增长3.5%,消费品集团销售额下降高个位数,性能涂料集团销售额小幅增长 [7][13][17] - 毛利率有所改善,主要受益于原材料成本下降、价格提升以及产品组合改善 [54][56] - 调整后每股收益增长8.7% [25] 各条业务线数据和关键指标变化 - 油漆商店集团: - 住宅翻新销售增长中个位数,公司持续在下行市场中获得市场份额 [13][32] - 新住宅销售转正,商业销售小幅增长,物业管理销售略有下降 [13][33][34] - 消费品集团: - 北美DIY销售下降高个位数,受通胀、储蓄下降和家庭债务等因素影响 [17][81] - 拉丁美洲和欧洲销售也有所下降 [17] - 性能涂料集团: - 工业木材、涂料和包装销售有所增长,抵消了一般工业和重型设备销售下降 [19][103] - 汽车修补漆销售在北美小幅增长,整体下降不到1% [19] 各个市场数据和关键指标变化 - 北美市场: - 油漆商店集团和性能涂料集团销售小幅下降,消费品集团销售下降高个位数 [17][45][103] - 拉丁美洲和欧洲: - 销售在这些地区普遍下降 [17][103] - 亚太地区: - 性能涂料集团在该地区销售有所增长 [103] 公司战略和发展方向及行业竞争 - 公司坚持执行既定战略,持续投资以提升客户价值,在不确定的市场环境中保持竞争优势 [12][23][26] - 在住宅翻新和汽车修补等领域,公司正在通过投资和创新不断扩大市场份额 [13][43] - 公司看好消费品集团长期发展前景,将继续与战略合作伙伴如Lowe's深化合作 [81][83] - 性能涂料集团将继续专注于差异化产品和服务,提升客户粘性和获取更高毛利 [41][75] 管理层对经营环境和未来前景的评论 - 宏观经济环境持续不确定,公司不会被动接受,而是将继续积极主动获取新业务和市场份额 [22][26] - 公司有信心在当前环境下交出出色业绩,并在市场需求回暖时实现更强劲的表现 [9][23] - 公司对下半年和全年的业绩保持乐观,并相应提高了全年盈利指引 [9][24] 其他重要信息 - 公司在第二季度通过股息和股票回购向股东返还6.13亿美元,同比增长57% [8] - 公司计划在2024年全年新开80-100家油漆商店 [16] - 公司将于8月29日举行财务分析师大会,屆时将详细阐述公司战略和财务目标 [140] 问答环节重要的提问和回答 问题1 **Vincent Andrews 提问** 询问油漆商店集团第二季度的销售情况,是否受到天气因素的影响 [29] **Heidi Petz 和 Allen Mistysyn 回答** - 第二季度销售增长3.5%,低于预期,主要受天气等因素影响 - 但公司有信心在下半年实现低单位数的销售增长,其中住宅翻新将保持高增长 [30][31][34][35] 问题2 **Arun Viswanathan 提问** 询问公司在2025-2026年的市场份额增长机会 [40] **Heidi Petz 和 Allen Mistysyn 回答** - 公司在汽车修补漆和住宅翻新等领域有很大的市场份额提升空间 - 新客户带来的产品组合改善将提升毛利率 - 公司将继续保持投资纪律,专注于为客户创造价值 [41][42][45][47] 问题3 **Jeff Zekauskas 提问** 询问公司未来资本支出水平 [49] **Allen Mistysyn 回答** - 未来资本支出将控制在销售额的2%以内 - 公司将继续保持资本配置纪律,优先满足战略性投资,剩余资金用于股息和股票回购 [50][51]

Americans are buying more paint and are willing to pay higher prices for it. "Led by strong performance in the Paint Stores Group, we continued to execute on our proven strategy across the company to deliver consolidated sales within our expectations, gross margin expansion, EBITDA growth, and a 12.5% ... increase in adjusted diluted net income per share," CEO Heidi G. Petz said in a statement. Investors knew coming into this earnings season that high interest rates have eaten into home construction and ren ...

Net sales in the Performance Coatings Group rose roughly 0.6% year over year to around $1,806.4 million in the reported quarter, beating the consensus estimate of $1,793.6 million. Performance Coating's net sales increased primarily due to 1.7% incremental sales from an acquisition, which were slightly offset by a 1% negative currency translation. Sales volumes were varied by region and business. Industrial Wood, Coil and Automotive Refinish in North America aided the performance, which was partly offset by ...

Sherwin-Williams (SHW) came out with quarterly earnings of $3.70 per share, beating the Zacks Consensus Estimate of $3.51 per share. This compares to earnings of $3.29 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates three times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary o ...