The Sherwin-Williams Co. (SHW), a paints and coatings company, on Tuesday reported higher net income in the first quarter of 2026 compared with the previous year.
For the first quarter, net income increased to $534.7 million from $503.9 million in the previous year.
Earnings per share were $2.15 versus $2 last year.
Adjusted earnings per share were $2.35 versus $2.25 last year.
EBITDA rose to $998.2 million from $917.7 million in the prior year.
Net sales increased to $5.67 billion from $5.31 billion in the previous year.
Looking ahead, the company expects second quarter net sales to grow in the mid-single-digit percent range.
For the full year 2026, earnings per share is expected to range between $10.70 and $11.10.
Adjusted earnings per share is anticipated to range between $11.50 and $11.90 for the full year 2026.
In the pre-market trading, 2% higher at $343.05 on the New York Stock Exchange.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.