NYSE:SHWChemicals
Sherwin Williams (SHW) Stock Pulls Back As Margin Strength Meets Premium Valuation
Sherwin-Williams stock is slipping about 3% in afternoon trading, giving back some of its recent gains even as the latest quarter shows the company still generating meaningful profit. The short-term reaction reflects a reset from a strong run, not a collapse in the underlying story.
The real headline is margin power. Adjusted earnings before interest, tax, depreciation and amortization reached about US$1.5b with an adjusted EBITDA margin of 21.5%. Management also lifted full year sales and...