Sherwin-Williams Narrows 2026 Adjusted EPS Outlook as Q3 Net Income Falls
Photo: TokenPost
Sherwin-Williams narrowed its 2026 adjusted diluted earnings-per-share outlook after third-quarter net income declined, as sales rose and gross margin slipped. The company also flagged muted demand through the rest of the year and into 2027. For the three months ended Sept. 30, net sales reached $6.86 billion, up 7.9% from $6.3582 billion a year earlier. Net income fell 1.5% to $821 million from $833.1 million. Diluted EPS rose to $3.38 from $3.35, and adjusted diluted EPS increased to $3.63 from $3.59. Those gains were 0.9% and 1.1%, respectively. Gross margin was 47.8%, compared with 49.2% in the year-earlier quarter.
Source: TokenPost
