Sherwin-Williams: Sherwin-Williams Stock Rises as Firm Benefits From Higher Prices, Lower Costs

In This Article: Angus Mordant / Bloomberg via Getty Images Key Takeaways Sherwin-Williams exceeded earnings expectations on higher prices and lower costs, although revenue missed estimates. The gains for the paint and coatings manufacturer came from higher sales at its Paint Stores Group. Sherwin-Williams shares moved into positive territory for 2025 following the report. Sherwin-Williams ( SHW ) shares jumped after the maker of paints and other industrial products exceeded profit estimates on high prices and reduced expenses. The company posted first-quarter adjusted earnings per share (EPS) of $2.25 on revenue that declined 1% year-over-year to $5.31 billion. Analysts surveyed by Visible Alpha expected $2.16 and $5.39 billion, respectively. Sherwin-Williams credited the strong profit to "higher selling prices in the Paint Stores Group and effective cost control." Sales at the Paint Stores Group rose 2% to $2.94 billion. Consumer Brands Group sales fell 6% to $762.2 million, and they dropped nearly 5% to $1.60 billion at the Performance Coatings Group. "In a demand environment that remained choppy as we anticipated, Sherwin-Williams continued to execute our strategy and delivered solid first quarter results driven by gross margin expansion and good cost control," CEO Heidi Petz said. The company anticipates full-year adjusted EPS in the range of $11.65 to $12.05, with the midpoint matching the Visible Alpha outlook of $11.85. The news sent shares of Sherwin-Williams up nearly 5% and into positive territory for the year. TradingView Read the original article on Investopedia Angus Mordant / Bloomberg via Getty Images TradingView