Sherwin-Williams' Paint Stores Group Drove 3Q Sales, Profit Higher

Dow Jones
2025/10/28
 

By Adriano Marchese

 

Sherwin-Williams's third quarter profit rose thanks to its paint stores group driving revenue growth.

The manufacturer and distributor of paints and coatings on Tuesday posted a higher net income of $833.1 million, or $3.35 a share, compared with $806.2 million, or $3.18 a share, in the same quarter a year ago.

Adjusted earnings were $3.59 a share. According to FactSet, analysts were expecting $3.44 a share.

Consolidated net sales rose 3.2% to $6.36 billion, topping analyst expectations of a more modest rise to $6.2 billion. The company said that net sales from stores in the Paint Stores Group that have been open more than a full year increased 3.6% in the quarter, thanks to growth across every end market.

The company's Consumer Brands Group, on the other hand, remained challenged, with revenue declining to $770.1 million from $790.5 million.

For the fourth quarter, the company expects net sales to rise by low-to-mid-single digits.

For the full year, the company narrowed its earnings per share guidance to a range of $10.16 to $10.36, and adjusted earnings to be between $11.25 and $11.45. Previously, the company expected EPS of $10.11 and $10.41, and adjusted EPS of $11.20 to $11.50.

Sherwin-Williams said the full-year guidance includes the Suvinil acquisition, which closed on Oct. 1, and which is expected to increase the consolidated net sales by a low-single digit percentage in the fourth quarter.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

October 28, 2025 07:26 ET (11:26 GMT)

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