SHW · 10-Q · 2026Q1 · Full report

Revenue Performance and Mix

SHERWIN WILLIAMS CO · 2026-04-28 · Importance 75 · Surprise 76

Consolidated Net sales increased by 6.8% in Q1 2026 to $5,666.9 million, driven by higher Net sales across all reportable segments and a 1.7% benefit from favorable foreign currency translation.,Paint Stores Group sales were $3,049.9 million, up 3.7% year-over-year driven primarily by selling price increases (low-single digit impact) and low-single digit sales volume growth, with comparable-store sales up 2.4%.,Consumer Brands Group Net sales increased 19.2% to $908.3 million primarily due to the October 2025 Suvinil acquisition (material impact) and a 2.4% currency tailwind, while Performance Coatings Group Net sales rose 6.5% to $1,705.8 million led by Automotive Refinish and General Industrial gains.

Key facts

• Consumer Brands Group Net sales for the quarter ended March 31, 2026: $908.3 million versus $762.2 million in the quarter ended March 31, 2025, a $146.1 million increase (19.2%).
• Paint Stores Group Net sales for the quarter ended March 31, 2026: $3,049.9 million versus $2,939.8 million in the quarter ended March 31, 2025, a $110.1 million increase (3.7%).
• Performance Coatings Group Net sales for the quarter ended March 31, 2026: $1,705.8 million versus $1,602.0 million in the quarter ended March 31, 2025, a $103.8 million increase (6.5%).
• Administrative Net sales for the quarter ended March 31, 2026: $2.9 million versus $1.7 million in the quarter ended March 31, 2025, a $1.2 million increase (70.6%).
• Net sales of non-paint products in the Paint Stores Group increased 2.5% in the quarter ended March 31, 2026 versus the comparable period in 2025.
• Net sales in the Paint Stores Group increased in the quarter ended March 31, 2026 primarily due to selling price increases (a low-single digit percentage impact) and low-single digit percentage sales volume growth.

Impact estimates