Sherwin-Williams (SHW) reported second-quarter 2026 net sales of $6.79 billion, up 7.5% from a year earlier. Net income rose 11.8% to $843.6 million, and diluted net income per share increased 14.3% to $3.43.
The company raised its full-year 2026 diluted net income per share guidance to $10.92 to $11.32 and adjusted diluted net income per share guidance to $11.80 to $12.20. CEO Heidi G. Petz said sales improved across all three reportable segments, while raw material inflation pressured gross margin.
- Paint Stores Group net sales increased 5.1% to $3.89 billion, with same-store sales up 4.2%.
- Consumer Brands Group net sales rose 21.5% to $983.5 million, helped by the Suvinil acquisition.
- Performance Coatings Group net sales increased 6.3% to $1.91 billion.
- The company returned $2.23 billion to shareholders through dividends and share repurchases during the first six months of 2026.
- Sherwin-Williams expects third-quarter and full-year 2026 consolidated net sales to be up a mid to high-single digit percentage.
