Sherwin-Williams falls on FY forecast cut, profit miss

Shares of paintmaker Sherwin-Williams SHW.N down 4.6% at $325.50 premarket

Company cuts its 2025 adjusted profit forecast to between $11.20/share and $11.50/share from the previous forecast of between $11.65/share and $12.05/share

"Demand was softer than anticipated through June, and we do not see catalysts to change that trajectory at this time" - CEO Heidi Petz

Company misses Q2 profit estimates as the sales of its consumer brands unit decreased due to soft DIY demand in North America

SHW reports Q2 profit of $3.38/share vs estimate of $3.81/share - data compiled by LSEG

As of last close, SHW shares down 0.4% YTD