Sherwin-Williams — Oct 22, 2024 release

At September 30, 2024, the Company had remaining authorization to purchase 35.3 million shares of its common stock through open market purchases. 2024 GUIDANCE Fourth Quarter Full Year 2024 2024 Net sales Flat to up low-single digit % Flat to up low-single digit % Effective tax rate Low twenty percent Diluted net income per share $10.30  - $10.60  Adjusted diluted net income per share (1) $11.10  - $11.40  (1)     Excludes $0.80 per share of acquisition-related amortization expense. “In what remains a tough macroeconomic environment, our strategy continues to be providing our customers with differentiated solutions that make them more productive and profitable,” said Ms. Petz. “We are confident the growth and efficiency investments we have made will enable us to continue outperforming the market. Our team is focused, determined and experienced, and we will continue to aggressively pursue above market growth while controlling what we can control. “In our pro architectural business, demand remains variable by end market, with no impact to date from recent interest rate cuts. North American DIY demand remains weak driven by inflation and higher consumer debt levels. In our industrial businesses, demand remains choppy by end market and region. Against this backdrop, we expect 3 fourth quarter 2024 consolidated net sales to be flat to up a low-single digit percentage compared to the fourth quarter of 2023. “We are maintaining our previous full year earnings guidance, recognizing the