Sherwin-Williams' stock falls as sales fall short of estimates in choppy market

Dow Jones

01-30

MW Sherwin-Williams' stock falls as sales fall short of estimates in choppy market

Sherwin-Williams Co.'s stock $(SHW)$ fell 2.9% early Thursday, after the paints company's fourth-quarter sales fell short of estimates, offsetting a profit beat.

Cleveland-based Sherwin-Williams, which joined the Dow Jones Industrial Average in November, had per-share earnings of $1.90 a share for the quarter, up 36.7% from a year ago. Adjusted for one-time items, EPS came to $2.09, ahead of the $2.06 FactSet consensus.

Sales rose to $5.297 billion from $5.252 billion a year ago, below the $5.319 billion FactSet consensus.

CEO Heidi G. Petz said the number were hit by "continued demand choppiness" in most of the company's end markets.

(This story will be updated shortly)

-Ciara Linnane

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

January 30, 2025 07:07 ET (12:07 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Adjusted for one-time items, EPS came to $2.09, ahead of the $2.06 FactSet consensus. \n</p>\n<p>\n     Sales rose to $5.297 billion from $5.252 billion a year ago, below the $5.319 billion FactSet consensus. \n</p>\n<p>\n     CEO Heidi G. Petz said the number were hit by \"continued demand choppiness\" in most of the company's end markets. \n</p>\n<p>\n     (This story will be updated shortly) \n</p>\n<p>\n     -Ciara Linnane \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 30, 2025 07:07 ET (12:07 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHW","symbol_name":"宣偉公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2507642546","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2507642546","pubTimestamp":1738238820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Sherwin-Williams Co.'s stock  fell 2.9% early Thursday, after the paints company's fourth-quarter sales fell short of estimates, offsetting a profit beat.Cleveland-based Sherwin-Williams, which joined the Dow Jones Industrial Average in November, had per-share earnings of $1.90 a share for the quarter, up 36.7% from a year ago. 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