Sherwin-Williams reports sales growth and updates Sherwin-Williams stock outlook

Published on 10/27/2026 at 12:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Third-quarter sales reached USD 6.86 billion, up 7.9 percent year over year. Adjusted 2026 earnings guidance for Sherwin-Williams stock spans USD 11.85 to USD 12.15.

Quarterly growth and margin pressure

Third-quarter sales rose 7.9 percent to USD 6.86 billion on October 27, 2026.
Net income reached USD 821.0 million for the quarter.
Full-year adjusted earnings guidance spans USD 11.85 to USD 12.15 per share.

Sherwin-Williams, US8243481061, Illustration mit AI erstellt.

Sherwin-Williams (ISIN US8243481061) reported third-quarter net sales of USD 6.86 billion on October 27, 2026, an increase of 7.9 percent from the same quarter of 2025. The results also show why investors are watching costs as closely as growth. According to PR Newswire, the company reported the quarter ended September 30, 2026, and maintained its full-year sales outlook.

Sales grew across all segments

The result was broad-based. Paint Stores Group sales rose 4.7 percent to USD 4.02 billion, while Performance Coatings Group sales increased 8.8 percent to USD 1.90 billion in the third quarter. Consumer Brands Group sales climbed 21.7 percent to USD 937.4 million, helped by the Suvinil acquisition, although its segment profit fell 7.1 percent to USD 146.2 million.

The contrast between revenue and profitability is the central investor takeaway. Consolidated net income declined 1.5 percent to USD 821.0 million in the third quarter, while diluted earnings per share increased 0.9 percent to USD 3.38 from USD 3.35. Adjusted diluted earnings per share rose 1.1 percent to USD 3.63 from USD 3.59.

What does the outlook mean?

Sherwin-Williams maintained its full-year 2026 sales guidance for growth of mid to high-single digits. It expects adjusted diluted earnings per share of USD 11.85 to USD 12.15, compared with USD 11.43 in 2025. The guidance excludes USD 0.82 per share of Valspar acquisition-related amortization and USD 0.11 per share of severance and restructuring costs.

Management also expects fourth-quarter 2026 sales to increase by a mid-single-digit percentage from the fourth quarter of 2025. The release attributed the margin pressure to higher raw-material and supply-chain costs, acquisition-related expenses and product mix. That leaves pricing, volume and cost control as the key variables for the next report.

Cash returns remain material

Sherwin-Williams generated USD 2.59 billion in operating cash during the first nine months of 2026 and returned USD 2.98 billion through dividends and share repurchases. The company had authorization to repurchase 22.5 million shares as of September 30, 2026. The combination of cash generation and a lower share count helped diluted earnings per share rise even as quarterly net income declined.

Investor calendar

The company held its third-quarter results call at 10:00 a.m. EDT on October 27, 2026. Management used the call to discuss fourth-quarter and full-year 2026 expectations, including muted demand indicators extending into 2027.

Stock context

Sherwin-Williams is listed on the New York Stock Exchange under ticker SHW. The company describes its business as the manufacture, development, distribution and sale of paint, coatings and related products for professional, industrial, commercial and retail customers.

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