Latest news with #Sherwin-Williams
Boston Globe
5 days ago
- Entertainment
- Boston Globe
Vintage touches help give a New Hampshire summer home a ‘little cottage in the woods' feel
She quickly realized she wished to honor the home's 'little cottage in the woods' feel. 'I want it to feel familiar, like you've been here before,' McSherry says. 'I also want it to be a place where I can be a more relaxed version of myself.' Antiques (and near-antiques) were crucial to achieving the lived-in look. Any furnishings that aren't vintage are inspired by ones that are. 'To me, old is comforting,' she says. The home also needed to work year-round; the family would be there as often to ski as to swim. McSherry points to the Mulberry wool-plaid fabric she used on the living room sofa as epitomizing the design concept. 'Plaid feels equally at home in a summer house as it does in a winter house,' she says. She loves that the colors are a bit off, too. 'They look dirty, faded, and worn,' McSherry says. 'Those are not bad words; I don't want clean, crisp, and fresh.' Advertisement Guests come and go through the mustard front door, where they step onto a vintage Turkish rug. A midcentury tapestry picturing stylized figures of Mayan and Aztec dancers, which remind the designer of bugs, hangs on the wall straight ahead. As much as she wants things to feel familiar, McSherry also appreciates fun, and the quirky tapestry sets the tone. New stairs to the now-finished basement are painted Benjamin Moore's Patina, a color that McSherry describes as 'dirty salmon.' Not only does the unexpected shade render the stairs a statement, it symbolizes McSherry's vow to push herself to take risks that she never would in her traditional Colonial in Newton. 'I'd tire of this color if I saw it every day, but for a weekend, it's so freaking fun,' she says. The entry is inviting thanks to colorful architectural features and vintage finds such as the 1960s Italian rattan and bamboo pendant light. Jared Kuzia Ditto for the color in the kitchen: Benjamin Moore's Caponata, a dark plum. The upper cabinets and range hood disappear into the wall — Sherwin-Williams's Ivory Lace — while the plum-colored paneled fridge, base cabinets, and furniture-like island are earthy anchors topped with black granite. The hand-painted Tabarka Studio tile backsplash echoes the carefree greenery outdoors. Stools are conspicuously absent from the island, which has glass-front cabinet doors to show off the creamy dishware inside. Not having island seating is a controversial decision, McSherry concedes, but she didn't want to clutter the space, and there's a banquette nearby. Needham woodworking studio Saltwoods made the table based on an antique McSherry loved and the vintage razor blade chairs inject woodsy Danish style. Advertisement Martha's Vineyard artist Avery Schuster Bramhall created the painting in that corner. 'I sent her swatches of the pillow fabrics and tidbits about our family, asking for a still life that speaks to where we are at this time in our life,' McSherry says. 'She incorporated motifs that represent all of us, including the dogs.' In the living area, cheerful still-life paintings hang in a line above the mood-defining plaid sofa. McSherry paired it with a slouchy sofa in a dewy morning blue Fermoie fabric that's printed with large-scale, wispy wildflowers meant to harken back to a great aunt's floral sofa. 'The flowers, butterflies, and weeds are fitting; I'm not tending to the yard here,' McSherry says. McSherry avoided safe colors for the kitchen cabinetry, opting for Benjamin Moore's Caponata. Jared Kuzia Aside from the bunk room downstairs, the home has two bedrooms just past the salmon-colored stairs. The primary bedroom is wrapped in dusty mauve, while raisin-colored beams echo the rich kilim rug underfoot. 'The tone-on-tone-on-tone is enveloping,' McSherry says. 'I never lived with this color before, but I love it.' In the guest room, wallpaper with garnet vines and spiky blooms tops the chocolate brown beadboard wainscoting of the built-in bed, where a vintage Indian throw offers a random hit of glow-y blue. The decor here in New Hampshire, McSherry says, explores her alter ego: the loose, chill side of herself that doesn't need things to match. It also represents who she hopes to become. 'I want to be the cool older lady who wears a caftan, chunky jewelry, and red glasses,' she says. 'This house shows how I can do that.' Resources Interior designer: Meg McSherry Interiors, Contractor: Frank Wiggins Construction, Advertisement More Photos Designer/homeowner Meg McSherry curated botanical paintings for the living room; artists include Shann Spishak, Chelsea Lyons Teta, and Jose Luis Pelaez. Jared Kuzia The primary bedroom is painted Hint of Mauve with Sequoia trim on the beams. Jared Kuzia Marni Elyse Katz is a contributing editor to the Globe Magazine. Follow her on Instagram
Yahoo
02-06-2025
- Business
- Yahoo
UPS Appoints John Morikis to Board of Directors
ATLANTA, June 02, 2025--(BUSINESS WIRE)--UPS (NYSE: UPS) today announced the appointment of John Morikis to the UPS Board of Directors, effective immediately. Morikis is the retired Chairman, President and CEO of the Sherwin-Williams Company, a global leader in the manufacture, development, distribution and sale of paint, coatings and related products. He currently serves on the Board of Directors of General Mills, Inc., and Whirlpool Corporation, and recently retired as the Executive Chairman and as a member of the Board at Sherwin-Williams. "John's extensive experience leading a highly complex, multinational organization, coupled with decades of public company Board experience will bring valuable perspective to our team," said William Johnson, Chairman of UPS Board of Directors. "We're excited to have John join us and look forward to his contributions." Morikis, 61, initially joined Sherwin-Williams as a management trainee. He advanced over four decades with the company through key leadership roles, including Division President and Group President. He later served as President and Chief Operating Officer before being appointed Chief Executive Officer. As CEO, Morikis spearheaded a company-wide overhaul to differentiate Sherwin-Williams by emphasizing world class talent, breakthrough innovation, customer-driven solutions, and a focus on value-added products and services. "John has a proven ability to anticipate industry shifts and will bring deep expertise in global operations, supply chain optimization, acquisition integration and business transformation to the UPS Board," said Carol Tomé, UPS Chief Executive Officer. "We're thrilled to welcome John to the UPS Board." Morikis will join the board's Audit Committee. About UPS UPS (NYSE: UPS) is one of the world's largest companies, with 2024 revenue of $91.1 billion, and provides a broad range of integrated logistics solutions for customers in more than 200 countries and territories. Focused on its purpose statement, "Moving our world forward by delivering what matters," the company's approximately 490,000 employees embrace a strategy that is simply stated and powerfully executed: Customer First. People Led. Innovation Driven. UPS is committed to reducing its impact on the environment and supporting the communities we serve around the world. More information can be found at and View source version on Contacts UPS Media Relations: pr@ UPS Investor Relations: investor@
Yahoo
29-05-2025
- Business
- Yahoo
Spotting Winners: Sherwin-Williams (NYSE:SHW) And Building Materials Stocks In Q1
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let's take a look at how Sherwin-Williams (NYSE:SHW) and the rest of the building materials stocks fared in Q1. Traditionally, building materials companies have built competitive advantages with economies of scale, brand recognition, and strong relationships with builders and contractors. More recently, advances to address labor availability and job site productivity have spurred innovation. Additionally, companies in the space that can produce more energy-efficient materials have opportunities to take share. However, these companies are at the whim of construction volumes, which tend to be cyclical and can be impacted heavily by economic factors such as interest rates. Additionally, the costs of raw materials can be driven by a myriad of worldwide factors and greatly influence the profitability of building materials companies. The 9 building materials stocks we track reported a satisfactory Q1. As a group, revenues beat analysts' consensus estimates by 0.6% while next quarter's revenue guidance was in line. Thankfully, share prices of the companies have been resilient as they are up 9.3% on average since the latest earnings results. Widely known for its success in the paint industry, Sherwin-Williams (NYSE:SHW) is a manufacturer of paints, coatings, and related products. Sherwin-Williams reported revenues of $5.31 billion, down 1.1% year on year. This print fell short of analysts' expectations by 1.6%. Overall, it was a mixed quarter for the company with a solid beat of analysts' adjusted operating income estimates but a miss of analysts' organic revenue estimates. "In a demand environment that remained choppy as we anticipated, Sherwin-Williams continued to execute our strategy and delivered solid first quarter results driven by gross margin expansion and good cost control," said Chair, President and Chief Executive Officer, Heidi G. Petz. The stock is up 6.7% since reporting and currently trades at $354. Read our full report on Sherwin-Williams here, it's free. The first-ever Colombian company to trade on the NASDAQ, Tecnoglass (NYSE:TGLS) is a manufacturer of architectural glass, windows, and aluminum products. Tecnoglass reported revenues of $222.3 million, up 15.4% year on year, outperforming analysts' expectations by 3.3%. The business had an exceptional quarter with an impressive beat of analysts' adjusted operating income estimates. The market seems happy with the results as the stock is up 22.2% since reporting. It currently trades at $86.44. Is now the time to buy Tecnoglass? Access our full analysis of the earnings results here, it's free. Beginning as a lumber supplier in the 1950s, UFP Industries (NASDAQ:UFPI) is a holding company making building materials for the construction, retail, and industrial sectors. UFP Industries reported revenues of $1.60 billion, down 2.7% year on year, falling short of analysts' expectations by 1.9%. It was a disappointing quarter as it posted a significant miss of analysts' adjusted operating income estimates. UFP Industries delivered the slowest revenue growth in the group. As expected, the stock is down 8.4% since the results and currently trades at $97.53. Read our full analysis of UFP Industries's results here. With a significant portion of its products made from recycled materials, AZEK (NYSE:AZEK) designs and manufactures goods for outdoor living spaces. AZEK reported revenues of $452.2 million, up 8.1% year on year. This result surpassed analysts' expectations by 1.9%. Overall, it was a strong quarter as it also put up an impressive beat of analysts' organic revenue and EBITDA estimates. AZEK had the weakest full-year guidance update among its peers. The stock is down 3.3% since reporting and currently trades at $48. Read our full, actionable report on AZEK here, it's free. Started as a two-man shop dating back to the 1860s, Armstrong (NYSE:AWI) provides ceiling and wall products to commercial and residential spaces. Armstrong World reported revenues of $382.7 million, up 17.3% year on year. This number beat analysts' expectations by 3.4%. It was a strong quarter as it also recorded a solid beat of analysts' adjusted operating income estimates. Armstrong World pulled off the biggest analyst estimates beat among its peers. The stock is up 12.2% since reporting and currently trades at $155.49. Read our full, actionable report on Armstrong World here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our 9 Best Market-Beating Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Sport
- Yahoo
Paige Bueckers Makes Announcement a Day After Return to Minnesota
Dallas Wings guard Paige Bueckers made her return to Minnesota on Wednesday night — the state she called home for the first 18 years of her life. She and the Wings took on the Minnesota Lynx at Target Center in a tightly contested game, ultimately falling 85–81. Bueckers had a tough night shooting, going just 3-of-11 from the field, but she still recorded the first double-double of her WNBA career, finishing with 12 points and 10 assists. Advertisement The 2025 No. 1 overall pick took to social media on Thursday morning to announce a new partnership with Sherwin-Williams, a company that manufactures and sells paint. Bueckers teamed up with Sherwin-Williams to help unveil a new paint color: "I'm excited to partner with Sherwin-Williams to unveil The Loneliest Color™ 2025 – Radiant Lilac SW 0074," Bueckers wrote on Instagram. "💜 Led by creative visionary Dapper Dan Harlem, we crafted this unique look for the tunnel walk in my hometown. 🏀 Fashion is a big part of how I express myself and I love the quiet confidence this color brings." This announcement came just one day after Bueckers wore a Dapper Dan pregame outfit featuring Sherwin-Williams' "The Loneliest Color." Advertisement Here's a photo of her entering the Target Center on Wednesday night: Sherwin-Williams' director of color marketing, Sue Wadden, made it clear in a press release that the new color is meant to celebrate the "unique, daring shades that have often been overlooked" — just as "women's professional sports have long been overlooked.' Dallas Wings guard Paige Bueckers and Minnesota Lynx forward Alanna SmithBruce Kluckhohn-Imagn Images "We're always looking for ways to inspire consumers to take bold and unexpected approaches in their color choices," Wadden said. "The Loneliest Color™ is exactly that — celebrating the unique, daring shades that have often been overlooked and would have been considered unconventional before." Advertisement "Much like Radiant Lilac SW 0074, women's professional sports have long been overlooked. But the tide is changing, and the next generation of athletes are continuing the work the legends have started and are helping to ignite attention and inspire new fans." Related: WNBA Shares Four-Word Reaction to Paige Bueckers' Unexpected Public Appearance Related: Dallas Wings Have Bad News for Paige Bueckers' Rookie Season
Yahoo
13-05-2025
- Business
- Yahoo
SHW Q1 Earnings Call: Resilient Margins Amid Soft Revenue and Choppy Demand
Paint and coating manufacturer Sherwin-Williams (NYSE:SHW) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 1.1% year on year to $5.31 billion. Its non-GAAP profit of $2.25 per share was 4.1% above analysts' consensus estimates. Is now the time to buy SHW? Find out in our full research report (it's free). Revenue: $5.31 billion vs analyst estimates of $5.39 billion (1.1% year-on-year decline, 1.6% miss) Adjusted EPS: $2.25 vs analyst estimates of $2.16 (4.1% beat) Adjusted EBITDA: $937 million vs analyst estimates of $910.9 million (17.7% margin, 2.9% beat) Management reiterated its full-year Adjusted EPS guidance of $11.85 at the midpoint Operating Margin: 14.3%, in line with the same quarter last year Free Cash Flow was -$450.8 million compared to -$525.2 million in the same quarter last year Locations: 5,115 at quarter end, up from 5,024 in the same quarter last year Organic Revenue was flat year on year, in line with the same quarter last year Market Capitalization: $89.32 billion Sherwin-Williams' Q1 results reflected a challenging demand landscape, with management describing the environment as 'choppy' and marked by continued softness in several end markets. CEO Heidi Petz pointed to low single-digit growth in the Paint Stores Group, underpinned by mid-single-digit price increases, with volume offsetting some of those gains. The Protective and Marine segment stood out, delivering high single-digit growth thanks to infrastructure and energy-related projects, while other divisions faced headwinds. Management emphasized tight cost controls, supply chain efficiencies, and strategic SG&A management as key factors supporting margins, even as revenue fell short of expectations. Looking ahead, management reiterated its full-year guidance, citing confidence in its ability to navigate volatility through ongoing operational improvements and targeted investments. Petz acknowledged persistent uncertainty related to tariffs and broader economic conditions, but reassured that most raw materials are sourced domestically, limiting the direct impact of new trade measures. The company's strategy centers on expanding its competitive moat, leveraging scale and digital investments, and pursuing above-market growth, particularly in areas like residential repaint and select infrastructure projects. Sherwin-Williams' management highlighted several key operational levers and market trends shaping the quarter's results, while also flagging persistent headwinds. The company's ability to drive margin expansion despite a softer top line was a central theme, with ongoing investments in growth and efficiency. Paint Stores Group price execution: Management credited mid-single-digit price increases for offsetting weak volumes, with disciplined implementation and customer engagement leading to strong price realization. The company expects the positive impact of pricing to diminish in coming quarters as prior increases become fully annualized. Protective and Marine momentum: The Protective and Marine division posted high single-digit growth, driven by energy, water, and infrastructure projects. Management reported market share gains and a healthy pipeline of upcoming projects, with new account wins contributing to the performance. Cost controls and digital efficiency: Tight SG&A management and ongoing supply chain improvements were cited as drivers of year-over-year margin expansion. Al Mistysyn, CFO, pointed to the benefits from digitization and simplification initiatives, notably in administrative functions where SG&A fell by a mid-teens percentage. Consumer and DIY headwinds: The Consumer Brands Group faced pressure from weak do-it-yourself (DIY) demand in North America and unfavorable currency exchange impacts. Management noted ongoing efforts with retail partners to stimulate end demand but characterized the segment as 'bumping around a bit.' Suvinil acquisition in Brazil: Leadership expressed optimism about the pending acquisition of BASF's Suvinil business, highlighting its strong market position in Latin America. The deal, expected to close in the second half of the year, is anticipated to complement Sherwin-Williams' existing regional presence and provide new growth avenues. Management expects the next several quarters to remain volatile, driven by continued macroeconomic uncertainty, evolving raw material costs, and the pace of recovery in key end markets. The company's strategic focus is on margin resilience, targeted investments, and expanding market share in core segments. Tariff and cost pressures: While direct exposure to tariffs is limited, management noted that new trade measures could drive low single-digit increases in raw material costs. The company plans to offset these with selective price adjustments and ongoing productivity initiatives. Store expansion and market share: The plan to open 80–100 new stores this year is expected to support growth in the Paint Stores Group, especially in residential repaint and protective segments where market share gains are being realized. Integration of Suvinil acquisition: The anticipated closing and integration of Suvinil in Brazil is viewed as a catalyst for accelerating growth in Latin America, with management citing operational synergies and cross-selling opportunities as likely contributors to future profitability. John McNulty (BMO): Asked about Sherwin-Williams' ability to pass through cost increases from tariffs. Management responded that while most raw materials are sourced domestically, selective price increases may be considered if tariffs persist. Vincent Andrews (Morgan Stanley): Queried about margin resilience despite volume declines. CFO Al Mistysyn attributed margin strength to supply chain efficiencies, positive price mix, and ongoing SG&A discipline. Ghansham Panjabi (Baird): Sought clarity on the outlook for new residential and incremental share gains. CEO Heidi Petz indicated that while the market remains pressured by high mortgage rates, Sherwin-Williams continues to strengthen partnerships and gain position for long-term growth. Kevin McCarthy (Vertical Research Partners): Inquired about the strategic rationale for acquiring Suvinil and its impact on guidance. Management highlighted Suvinil's strong market leadership and confirmed it is not yet included in guidance, pending deal closure. Emily Fusco (Deutsche Bank): Asked if DIY demand is worsening in North America. Management described the segment as remaining under pressure but not deteriorating further, with efforts ongoing to stimulate demand through retail partnerships. Looking ahead, the StockStory team will be monitoring (1) the pace of store openings and whether these translate into sustained market share gains, (2) the integration timeline and early impact of the Suvinil acquisition in Brazil, and (3) the company's ability to maintain or expand margins as raw material and tariff pressures evolve. The effectiveness of operational efficiency initiatives and the trajectory of end-market recovery, particularly in residential and infrastructure segments, will also be important signposts. Sherwin-Williams currently trades at a forward P/E ratio of 29.1×. Should you load up, cash out, or stay put? See for yourself in our free research report. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
