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Jul 29, 10:10 AM
Sherwin-Williams Q2 EPS $3.38 Misses, Cuts 2025 Outlook; Stanley Black & Decker and PPG Report Mixed Q2 Results
Company Earnings
Business

Sherwin-Williams Q2 EPS $3.38 Misses, Cuts 2025 Outlook; Stanley Black & Decker and PPG Report Mixed Q2 Results

Authors
  • WSJ Business News
  • First Squawk
  • Barron's
9

Sherwin-Williams reported its second-quarter 2025 earnings with an adjusted EPS of $3.38, missing estimates of $3.81, while net sales slightly exceeded expectations at $6.31 billion versus $6.30 billion. The company lowered its full-year adjusted EPS guidance to a range of $11.20 to $11.50 from the previous $11.65 to $12.05, citing continued soft demand and increased restructuring efforts. Stanley Black & Decker posted a second-quarter adjusted EPS of $1.08, surpassing estimates of $0.41, with net sales of $3.9 billion falling short of the $4 billion forecast. The company reported a net income of $101.9 million and free cash flow of $134.7 million, below expectations, and maintained a full-year adjusted EPS outlook between $1.10 and $1.30 amid tariff-related pressures affecting its business. PPG Industries delivered second-quarter revenue of $4.20 billion, slightly above the $4.17 billion estimate, and an adjusted EPS of $2.22, in line with expectations. EPS from continuing operations declined to $1.98 from $2.09 year-over-year. The company reaffirmed its full-year adjusted EPS guidance at $7.75 to $8.05, close to the consensus estimate of $7.84.

Written with ChatGPT (GPT-4).

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