Sherwin-Williams reports Q2 adjusted EPS $3.70, consensus $3.48

Reports Q2 revenue $6.27B, consensus $6.33B. “Led by strong performance in the Paint Stores Group, we continued to execute on our proven strategy across the Company to deliver consolidated sales within our expectations, gross margin expansion, EBITDA growth, and a 12.5% percent increase in adjusted diluted net income per share,” said CEO Heidi Petz. “We generated strong cash flow and continued to execute our disciplined capital allocation strategy, including returning $1.34B to our shareholders through dividends and share repurchases during the year…Despite the continued choppiness in the overall demand environment, all three of our reportable segments delivered sequential and year-over-year margin improvement.”