Sherwin-Williams is a leading global manufacturer and supplier of paints, coatings, and related products for both professional and DIY customers
The company operates through a robust distribution network, offering a wide range of high-quality paint solutions for residential, commercial, and industrial applications. In addition to traditional paint products, Sherwin-Williams also provides specialized coatings, protective finishes, and a variety of color matching and consulting services, catering to diverse market needs. With a strong emphasis on innovation and sustainability, the company is dedicated to enhancing the performance and aesthetics of surfaces while promoting environmentally responsible practices within the industry.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the building materials stocks, including Sherwin-Williams (NYSESHW) and its peers.
Sherwin-Williams has agreed to acquire BASF Group's Brazilian architectural paints business, Suvinil, for $1.15 billion. This deal is expected to boost Sherwin-Williams' presence in Brazil, offering an expanded product range and enhanced distribution.
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Paint and coating manufacturer Sherwin-Williams (NYSESHW) met Wall Street’s revenue expectations in Q4 CY2024, but sales were flat year on year at $5.30 billion. Its non-GAAP profit of $2.09 per share was 1.6% above analysts’ consensus estimates.
The US market is yet to commence its session on Thursday, but let's get a preview of the pre-market session and explore the top S&P500 gainers and losers driving the early market movements.
Sherwin-Williams Company (NYSESHW) reported a 0.9% year-on-year sales increase to $5.30 billion in Q4 FY24, slightly missing estimates. The Paint Stores Group saw a 3.4% revenue increase, while the Performance Coatings and Consumer Brands segments declined.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Tecnoglass (NYSETGLS) and the rest of the building materials stocks fared in Q3.
