Sherwin-Williams issues warning on shortages, rising costs

摘要

Sherwin-Williams (SW) has lowered its sales guidance for the third quarter, citing worsening raw material availability and rising costs. The company said on Wednesday that it now expects sales in the current quarter to be “up or down by a low-single-digit percentage” compared with the year-ago quarter, which was impacted by the COVID-19 pandemic and associated lockdowns.