Sherwin-Williams — Jul 28, 2026 release

At June 30, 2026, the Company had remaining authorization to purchase 24.0 million shares of its common stock through open market purchases. 2026 GUIDANCE Third Quarter Full Year 2026 2026 Net sales Up mid to high-single digit % Up mid to high-single digit % Effective tax rate Low twenty percent Diluted net income per share $10.92  - $11.32  Adjusted diluted net income per share (1) $11.80  - $12.20  (1)     Excludes $0.81 per share of Valspar acquisition-related amortization expense and $0.07 per share of severance and other restructuring expenses. “Our better than expected second quarter results reflect the power of our differentiated model, our focus on the customer and the decisive actions our teams are taking to grow share, manage costs and respond to this dynamic environment,” said Ms. Petz. “While customer sentiment and the leading indicators we track point to continued demand softness in the second half, we remain focused on the actions within our control. Our deep and experienced team is executing with urgency, driving share gains, improving productivity and maintaining discipline across the enterprise. “During the second quarter, we took restructuring actions that are expected to generate approximately $17 million of annual savings, and we see additional opportunities to leverage our competitive advantages, simplify the business, improve execution and deliver greater value to our customers. At the same time, broad-based cost inflation continues across raw materi