Paintmaker Sherwin-Williams beats first-quarter estimate, boosted by price hikes
At Sherwin-Williams' paint stores group unit, serving architectural and industrial contractors and DIY homeowners, first-quarter net sales rose 2.3% to $2.94 billion. Sherwin-Williams, one of the largest paint and coating companies, reaffirmed its full-year adjusted profit forecast range of $11.65 to $12.05 per share, compared with analysts' estimate of $11.90 per share, according to data compiled by LSEG.