Loading...
•
Jun 30, 2025
Sherwin-Williams Q2 2025 Earnings Report
Sherwin-Williams reported slightly higher revenue but lower earnings due to restructuring and building costs.
Key Takeaways
Sherwin-Williams delivered modest revenue growth but saw earnings decline as restructuring and accelerated building expenses weighed on results. Paint Stores Group showed strength, while Consumer Brands Group and Performance Coatings Group faced pressure.
Revenue rose 0.7% to $6.31B, driven by Paint Stores Group.
EPS fell to $3.00, impacted by restructuring and building costs.
Protective and marine coatings demand remained strong, with high-single-digit growth.
Consumer Brands Group faced continued soft DIY demand in North America.
Revenue by Segment
Forward Guidance
Sherwin-Williams expects full-year sales to be up or down low-single digits with adjusted EPS between $11.20 and $11.50, reflecting continued soft demand.
Positive Outlook
- Gross margin expanded for the 12th consecutive quarter.
- Protective and marine coatings sales continued to grow strongly.
- Residential repaint demand held up well despite a down market.
- Price realization exceeded expectations.
- Continued investments to capture competitive opportunities.
Challenges Ahead
- Soft demand expected to persist or worsen in the second half of 2025.
- Restructuring actions accelerated due to weaker demand.
- Higher employee-related and building costs pressured earnings.
- Consumer Brands Group sales declined due to weak DIY demand.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...