Sherwin-Williams — Apr 28, 2026 release

At March 31, 2026, the Company had remaining authorization to purchase 28.0 million shares of its common stock through open market purchases. 2026 GUIDANCE Second Quarter Full Year 2026 2026 Net sales Up mid-single digit % Up low to mid-single digit % Effective tax rate Low twenty percent Diluted net income per share $10.70  - $11.10  Adjusted diluted net income per share (1) $11.50  - $11.90  (1)     Excludes $0.80 per share of Valspar acquisition-related amortization expense. “We continue to expect little to no recovery in most end markets this year, given current customer sentiment and the leading indicators we monitor. Geopolitical events are adding further demand uncertainty, along with potential inflation related to raw materials, energy, logistics and packaging. In this environment, we continue to focus on securing incremental volume, balanced with appropriate and decisive pricing and cost-out actions to maintain the products, services and supply solutions that drive productivity and profitability for our customers. Specifically, we are continuing to implement targeted price increases by end market and geography across all of our businesses. Based on these increases, we expect consolidated price/mix for the year to move upward to the high end of our prior low-single digit range guidance. We are actively working to limit these increases for our customers by accelerating meaningful and aggressive cost reduction actions. At the same time, we expect continued vo