Sherwin-Williams reported its financial results for the first quarter of 2025.

Consolidated net sales decreased 1.1% to $5.31 billion, mainly due to unfavorable currency translation. Net income per diluted share increased by 1.5% to $2.00, and adjusted diluted net income per share rose by 3.7% to $2.25. Adjusted EBITDA grew 4.6% to $937.0 million.

The Paint Stores Group saw a 2.3% increase in net sales, driven by selling price increases, while the Consumer Brands Group experienced a 6.0% sales decline due to soft DIY demand and currency headwinds. Performance Coatings Group sales fell 4.8%, impacted by lower industrial sales despite strong packaging segment growth.

The company reaffirmed its full-year 2025 guidance, expecting diluted net income per share between $10.70 and $11.10 and adjusted diluted net income per share between $11.65 and $12.05. Liquidity remains solid, with $199.8 million in cash and ongoing share repurchases and dividend increases.

Sherwin-Williams emphasized strong cost controls, margin expansion in key segments, and continued investment in growth initiatives despite ongoing softness in some end markets.