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home / news releases / SHW - Sherwin-Williams Q4: Near Term Outlook Remains Muted

SHW - Sherwin-Williams Q4: Near Term Outlook Remains Muted

Sherwin-Williams Company

2024-02-05 18:18:41 ET

Summary

  • Sherwin-Williams is expected to do better than the overall US paint market in 2024 despite a challenging operating environment.
  • The company's fourth-quarter earnings exceeded expectations, driven by growth in the Paint Stores Group.
  • Despite these factors, near-term demand remains muted and there are limited catalysts to push the stock multiple higher, leading to my hold rating.

Thesis

For further details see:

Sherwin-Williams Q4: Near Term Outlook Remains Muted
Stock Information
Company Name: Sherwin-Williams Company
Stock Symbol: SHW
Market: NYSE
Website: sherwin-williams.com
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