Reports Q1 revenue $5.37B, consensus $5.51B. “In what is a seasonally smaller Q1 and with continued demand choppiness in several end markets, Sherwin-Williams delivered consolidated sales within our guided range, gross margin expansion and diluted earnings per share and EBITDA growth,” said CEO Heidi Petz. “We also continued to execute our capital allocation strategy by investing $546M in share repurchases and increasing our dividend 18.2% in the quarter…In all segments, we continued to execute on our priorities which we expect will drive increasing momentum as the year progresses.”
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