Financial PerformanceConsumer Brands Group adjusted operating income rose 54% Y/Y, reflecting better volume leverage from inter-segment sales.
Growth StrategySherwin Williams plans to open 80-100 new stores in 2024 (45 already opened), and should be able to continue to grow SSS as competitors exit.
Market PositionRecent competitor challenges, such as store closures, are expected to create significant market share gain opportunities for Sherwin.