Sherwin-Williams: The Lowe’s Partnership and the DIY Boom—What’s Next?

The Sherwin-Williams Company recently concluded its earnings call for the fourth quarter and full year of 2024, reporting both positive and negative aspects that investors might consider when evaluating the company’s performance and future potential. On the positive side, Sherwin-Williams experienced growth in several key metrics despite facing a challenging demand environment. For the full year, consolidated sales saw a slight increase, partly due to strategic investments aimed at gaining market share amidst softness in core accounts. Gross profit dollars and margins improved, with adjusted earnings per share rising by nearly double digits to $11.33. This growth was driven by segments such as the Paint Stores Group, which benefited from high single-digit increases in residential repaint and protective and marine sectors.