Sherwin-Williams forecasts 2026 profit below estimates as weak demand persists

Reuters01-29

Sherwin-Williams forecasts 2026 profit below estimates as weak demand persists

Jan 29 (Reuters) - Sherwin-Williams SHW.N on Thursday forecast annual profit below estimates for 2026, as soft construction and industrial activity continued to pressure the paint and coatings maker's core markets.

The broader chemicals and coatings sector has struggled amid slow demand recovery that has weighed on pricing and volumes. A sharp downturn in U.S. manufacturing late last year, with December factory activity sinking to a 14-month low and new orders contracting, impacted demand from industrial customers.

Sherwin-Williams expects first-quarter sales to rise in the mid-single digits from a year ago, but CEO Heidi Petz warned that soft demand may "persist well into the second half of the year based on current customer sentiment and the macroeconomic indicators."

The company expects full-year adjusted profit of $11.50 to $11.90, below Wall Street expectations of $12.42, according to data compiled by LSEG.

The Ohio-based company's adjusted profit of $2.23 per share for the quarter ended December 31 beat estimates of $2.16 per share.

Fourth-quarter net sales rose 5.7% from last year to $5.60 billion.

Peer PPG Industries PPG.N flagged similar demand concerns on Tuesday after missing quarterly profit estimates.

(Reporting by Sumit Saha in Bengaluru; Editing by Jonathan Ananda)

((Sumit.Saha@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2607508782?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-01-29 20:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2607508782","market":"fut","top_or_hot":-1,"title":"Sherwin-Williams forecasts 2026 profit below estimates as weak demand persists","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Sherwin-Williams forecasts 2026 profit below estimates as weak demand persists</title></head><body><p>\n<span>Jan 29 (Reuters)</span><span> - </span>Sherwin-Williams <span>SHW.N</span> on Thursday forecast annual profit below estimates for 2026, as soft construction and industrial activity continued to pressure the paint and coatings maker's core markets.</p><p>The broader chemicals and coatings sector has struggled amid slow demand recovery that has weighed on pricing and volumes. A sharp downturn in U.S. manufacturing <span>late last year</span>, with December factory activity sinking to a 14-month low and new orders contracting, impacted demand from industrial customers. </p><p>Sherwin-Williams expects first-quarter sales to rise in the mid-single digits from a year ago, but CEO Heidi Petz warned that soft demand may \"persist well into the second half of the year based on current customer sentiment and the macroeconomic indicators.\"</p><p>The company expects full-year adjusted profit of $11.50 to $11.90, below Wall Street expectations of $12.42, according to data compiled by LSEG.</p><p>The Ohio-based company's adjusted profit of $2.23 per share for the quarter ended December 31 beat estimates of $2.16 per share.</p><p>Fourth-quarter net sales rose 5.7% from last year to $5.60 billion.</p><p>Peer PPG Industries <span>PPG.N</span> flagged <span>similar demand concerns</span> on Tuesday after missing quarterly profit estimates.</p><p>(Reporting by Sumit Saha in Bengaluru; Editing by Jonathan Ananda)</p><p>((Sumit.Saha@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sherwin-Williams forecasts 2026 profit below estimates as weak demand persists</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSherwin-Williams forecasts 2026 profit below estimates as weak demand persists\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-29 20:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\"><head><title>Sherwin-Williams forecasts 2026 profit below estimates as weak demand persists</title></head><body><p>\n<span>Jan 29 (Reuters)</span><span> - </span>Sherwin-Williams <span>SHW.N</span> on Thursday forecast annual profit below estimates for 2026, as soft construction and industrial activity continued to pressure the paint and coatings maker's core markets.</p><p>The broader chemicals and coatings sector has struggled amid slow demand recovery that has weighed on pricing and volumes. A sharp downturn in U.S. manufacturing <span>late last year</span>, with December factory activity sinking to a 14-month low and new orders contracting, impacted demand from industrial customers. </p><p>Sherwin-Williams expects first-quarter sales to rise in the mid-single digits from a year ago, but CEO Heidi Petz warned that soft demand may \"persist well into the second half of the year based on current customer sentiment and the macroeconomic indicators.\"</p><p>The company expects full-year adjusted profit of $11.50 to $11.90, below Wall Street expectations of $12.42, according to data compiled by LSEG.</p><p>The Ohio-based company's adjusted profit of $2.23 per share for the quarter ended December 31 beat estimates of $2.16 per share.</p><p>Fourth-quarter net sales rose 5.7% from last year to $5.60 billion.</p><p>Peer PPG Industries <span>PPG.N</span> flagged <span>similar demand concerns</span> on Tuesday after missing quarterly profit estimates.</p><p>(Reporting by Sumit Saha in Bengaluru; Editing by Jonathan Ananda)</p><p>((Sumit.Saha@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHW","symbol_name":"宣伟公司","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260129:nL4N3YU1JS:1","article_id":"2607508782","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2607508782","pubTimestamp":1769691494,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Jan 29  - Sherwin-Williams SHW.N on Thursday forecast annual profit below estimates for 2026, as soft construction and industrial activity continued to pressure the paint and coatings maker's core markets.The broader chemicals and coatings sector has struggled amid slow demand recovery that has weighed on pricing and volumes. A sharp downturn in U.S. manufacturing late last year, with December factory activity sinking to a 14-month low and new orders contracting, impacted demand from industrial customers. Sherwin-Williams expects first-quarter sales to rise in the mid-single digits from a year ago, but CEO Heidi Petz warned that soft demand may \"persist well into the second half of the year based on current customer sentiment and the macroeconomic indicators.\"The company expects full-year adjusted profit of $11.50 to $11.90, below Wall Street expectations of $12.42, according to data compiled by LSEG.The Ohio-based company's adjusted profit of $2.23 per share for the quarter ended Dece","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHW":"宣伟公司","BK4588":"碎股","BK4550":"红杉资本持仓","BK4597":"股息贵族","BK4585":"ETF&股票定投概念","LU1093756325.SGD":"FTIF - Franklin K2 Alt Strat Fd A (acc) SGD-H1","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","PPG":"PPG工业","BK4109":"特种化学制品","BK4504":"桥水持仓","LU1093756168.USD":"FRANKLIN K2 ALTERNATIVE STRATEGIES \"A\" (USD) ACC"},"translate_title":"由于需求持续疲软，宣伟预测2026年利润低于预期","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHW":0.9,"PPG":0.9},"content_text":"Sherwin-Williams forecasts 2026 profit below estimates as weak demand persists\nJan 29 (Reuters) - Sherwin-Williams SHW.N on Thursday forecast annual profit below estimates for 2026, as soft construction and industrial activity continued to pressure the paint and coatings maker's core markets.The broader chemicals and coatings sector has struggled amid slow demand recovery that has weighed on pricing and volumes. A sharp downturn in U.S. manufacturing late last year, with December factory activity sinking to a 14-month low and new orders contracting, impacted demand from industrial customers. Sherwin-Williams expects first-quarter sales to rise in the mid-single digits from a year ago, but CEO Heidi Petz warned that soft demand may \"persist well into the second half of the year based on current customer sentiment and the macroeconomic indicators.\"The company expects full-year adjusted profit of $11.50 to $11.90, below Wall Street expectations of $12.42, according to data compiled by LSEG.The Ohio-based company's adjusted profit of $2.23 per share for the quarter ended December 31 beat estimates of $2.16 per share.Fourth-quarter net sales rose 5.7% from last year to $5.60 billion.Peer PPG Industries PPG.N flagged similar demand concerns on Tuesday after missing quarterly profit estimates.(Reporting by Sumit Saha in Bengaluru; Editing by Jonathan Ananda)((Sumit.Saha@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2607508782","isCrawlerRequest":true}