Sherwin-Williams reported third quarter 2026 revenue of $6.86 billion, exceeding analyst estimates, while adjusted EPS of $3.63 fell slightly short of expectations. Performance was driven by disciplined pricing and the inclusion of the Suvinil acquisition, though gross margins faced pressure from higher raw material costs and dilutive segment mix.
Key Highlights
- Paint Stores Group net sales increased 4.7% to $4.02 billion, supported by 3.9% same-store sales growth and mid-single-digit pricing actions.
- Consumer Brands Group revenue surged 21.7% to $937.4 million, primarily reflecting the October 2025 acquisition of Suvinil and favorable currency translation.
- Consolidated gross margin contracted to 47.8% from 49.2% in the prior year, impacted by inflationary supply chain costs and acquisition-related dilution.
- Management narrowed full-year 2026 adjusted diluted EPS guidance to a range of $11.85 to $12.15.