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The Sherwin-Williams Company Reports 2021 First Quarter Financial Results

Net sales from stores in U.S. and Canada open more than twelve calendar months increased 8.2% Diluted net income per share increased to $1.51 per share Adjusted diluted net income per share increased 51.5% to $2.06 per share Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) increased to $848.7 million, or 18.2% of sales Net operating cash increased 256% to $195.7 million Completed a three-for-one stock split to improve accessibility to a broader base of investors The Company anticipates FY21 diluted net income per share in the range of $7.66 to $7.93 per share, including a loss of $0.34 per share from a divestiture and acquisition-related amortization expense of $0.80 per share

Sherwin-Williams Shareholders Elect New Director

Share this article Share this article CLEVELAND, April 21, 2021 /PRNewswire/ The Sherwin-Williams Company (NYSE: SHW) announced that Aaron M. Powell was elected to the Board of Directors of Sherwin-Williams at the company s Annual Meeting of Shareholders today. Mr. Powell was appointed to the Audit Committee of the Board. Mr. Powell, 49, has served as President, Asia-Pacific Consumer Business for Kimberly-Clark Corporation (a global manufacturer and marketer of personal care, consumer tissue, and other household and professional products) since March 2020 and has held a variety of other leadership positions with Kimberly-Clark. (PRNewsfoto/The Sherwin-Williams Company) We are delighted to welcome Aaron to our Board of Directors, said John G. Morikis, Chairman, President and Chief Executive Officer of Sherwin-Williams. Through his leadership at Kimberly-Clark, Aaron has gained significant knowledge of global markets and operations, as well as extensive domestic and internat

Sherwin-Williams Announces Resignation of President and Chief Operating Officer

Share this article Share this article CLEVELAND, March 1, 2021 /PRNewswire/ The Sherwin-Williams Company (NYSE: SHW) ( Sherwin-Williams or the Company ) today announced that David B. Sewell, President and Chief Operating Officer, has notified the Company of his decision to resign effective as of the close of business on March 12, 2021, to become chief executive officer of another company outside of the coatings industry. We thank David for his many contributions to Sherwin-Williams over his 14 years with the Company, and we wish him much success in his future endeavors, said Sherwin-Williams Chairman and Chief Executive Officer, John G. Morikis. Our deep and experienced global team continues to move forward with great momentum, focused on delivering solutions to our customers and executing on initiatives that will drive sustained long-term success.  

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