Sherwin-Williams Boosts Its Outlook Again: "We're Just Getting Started"
It didn't take Sherwin-Williams (NYSE: SHW) long to return to sales growth following COVID-19 closures. The paint supply giant announced surprisingly strong demand trends as part of its fiscal third-quarter update in late October. Those metrics supported management's second straight upgrade to the 2020 outlook, which now calls for significant growth this year despite several weeks of pandemic disruptions to the business.
In a conference call with Wall street analysts, CEO John Morikis and his team explained the main factors behind Sherwin-Williams' rebound, which they see positioning the company for steady growth into 2021.
Let's look at some highlights.
Source Fool.com
