Sherwin-Williams reported a 0.7% increase in net sales for the third quarter of 2024, reaching $6.16 billion, according to the company’s financial release on Oct. 22, 2024. The company's Paint Stores Group led growth with a 3.2% sales rise, driven by strong performance in protective and marine coatings, residential repaint, and new residential segments. However, challenges persisted in its Consumer Brands Group, which saw a 7.5% decline due to weak demand in North America's DIY market and unfavorable foreign currency impacts.

Sherwin-Williams' diluted net income per share rose 7.8% to $3.18. Adjusted net income per share also increased by 5.3% to $3.37. CEO Heidi G. Petz expressed confidence in the company’s long-term growth strategy, particularly in areas like expanded services and digital capabilities. Petz also announced a 5% price increase in the Paint Stores Group, effective in January 2025, as part of continued efforts to drive above-market growth despite the uncertain economic environment.