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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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.