Sherwin-Williams — Jan 30, 2025 release

At December 31, 2024, the Company had remaining authorization to purchase 34.4 million shares of its common stock through open market purchases. 2025 GUIDANCE First Quarter Full Year 2025 2025 Net sales Up or down low-single digit % Up low-single digit % Effective tax rate Low twenty percent Diluted net income per share $10.70  - $11.10  Adjusted diluted net income per share (1) $11.65  - $12.05  (1)     Excludes $0.80 per share of acquisition-related amortization expense and $0.15 per share of restructuring expenses. “We enter 2025 with confidence in our differentiated strategy that continues to deliver innovative and productive solutions for our customers,” said Ms. Petz. “We expect demand softness to persist in several end markets well into the second half of the year, if not into 2026. At the same time, we have significant above-market growth opportunities in every one of our businesses. We will pursue these opportunities aggressively and relentlessly, leveraging our world-class team, recent growth investments and unique assets. We will support our profitable above-market growth plans and further separate ourselves from our competitors by executing initiatives within our enterprise priorities, including talent, simplification, digitization, supply chain responsiveness and sustainability. “Based on customer sentiment and the macro-economic indicators we see at this time, we expect first quarter 2025 consolidated Net sales will be up or down a low-single digit perce