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SHERWIN ALWILLIAMS . COVER The Sherwin - Williams Company SUMMARY O NEWS 101 W. Prospect Avenue The Sherwin - Williams Company Reports 2021 Second Quarter Financial Results CLEVELAND , July 27 , 2021 - The Sherwin - Williams Company ( NYSE : SHW ) announced its financial results for the second quarter ended June 30 , 2021. All comparisons are to the second quarter of the prior year , unless otherwise noted . O Cleveland , Ohio 44115 Consolidated net sales increased 16.9 % in the quarter to $ 5.38 billion Net sales from stores in U.S. and Canada open more than twelve calendar months increased 19.3 % in the quarter ● CEO REMARKS ( 216 ) 566-2000 Diluted net income per share increased to $ 2.42 per share in the quarter Adjusted diluted net income per share increased 11.8 % in the quarter to $ 2.65 per share Earnings Before Interest , Taxes , Depreciation and Amortization ( EBITDA ) increased in the quarter to $ 1.05 billion , or 19.5 % of sales Reaffirming FY21 diluted net income per share in the range of $ 8.01 to $ 8.31 per share , including a loss of $ 0.34 per share from a divestiture and acquisition - related amortization expense of $ 0.80 per share SECOND QUARTER CONSOLIDATED RESULTS " We delivered solid performance in the second quarter driven by robust architectural paint demand in The Americas Group and strong demand across our industrial end markets , which more than offset the return to more normal DIY end market demand levels , " said Chairman , President and Chief Executive Officer , John G. Morikis . " Along with the strong demand , we also implemented pricing actions to offset the significant , sustained raw material inflation that pressured our gross margin in the quarter . Despite the near - term gross margin compression , we delivered 11.8 % adjusted diluted net income per share growth and 7.4 % EBITDA growth in the quarter . Our cash generation remained strong , which enabled us to continue investing in long - term strategic growth initiatives , repurchase 3.1 million shares in the second quarter , and open 25 new stores . " In The Americas Group , sales in all of our end markets , except DIY , were up double - digit percentages in the quarter , led by residential repaint . As expected , sales to our DIY customers were down double - digits , driven by difficult comparisons to the prior year as consumer demand returned to more normal levels . These lower North America DIY demand trends also impacted our Consumer Brands Group in the quarter . Supply chain constraints in the quarter impacted our architectural businesses similarly in The Americas and Consumer Brands Groups . In Performance Coatings Group , all divisions delivered strong double - digit growth , led by industrial wood and general industrial . "