Sherwin-Williams (SHW) official guidance

We expect these actions will result in approximately $17 million of annual savings, with about half realized over the remainder of this year.

Full year 2026 adjusted diluted net income per share is expected to be in the range of $11.85 to $12.15 per share compared to $11.43 per share in 2025.

Adjusted diluted net income per share is now expected to be in the range of $11.80-$12.20 a share.

Full year 2026 adjusted diluted net income per share is expected to be in the range of $11.80 to $12.20 per share compared to $11.43 per share in 2025.

We expect consolidated Net sales to be up by a low to mid-single digit percentage compared to 2025, and we expect adjusted diluted net income per share to be in the range of $11.50 to $11.90 per share, an increase of 2.4% at the midpoint compared to 2025.

Excluding acquisition-related amortization expense of approximately $0.80 per share, adjusted diluted net income per share is expected in the range of $11.50-$11.90, an increase of 2.4% at the midpoint compared to 2025's adjusted diluted net income per share of $11.43....

Full year 2026 adjusted diluted net income per share guidance in the range of $11.50 to $11.90 per share

We fully expect to be at the high end of 80-100 net new stores beginning next year, given the trimming we have completed this year.

We expect full-year reported SG&A to increase by a mid-single-digit percentage.

Our full year guidance of a low-single-digit increase in SG&A remains unchanged.

Our expectation of a low-single digit percentage increase in SG&A for the full year remains unchanged.

Effective tax rate | | Low twenty percent

| Effective tax rate | | Low twenty percent | | |

| Effective tax rate | | Low twenty percent | | |

Diluted net income per share is expected to be in the range of $10.92 to $11.32 per share, including acquisition-related amortization expense of $0.81 per share and severance and other restructuring expenses of $0.07 per share, compared to $10.26 per share in 2025.

•Reaffirming full year 2026 diluted net income per share guidance in the range of $10.70 to $11.10 per share, including Valspar acquisition-related amortization expense of $0.80 per share

The deck also includes our initial expectations for the full year, where consolidated sales are expected to be up a low- to mid-single-digit %, and diluted net income per share is expected to be in the range of $10.70-$11.10 per share.

Full year 2026 diluted net income per share guidance in the range of $10.70 to $11.10 per share, including acquisition-related amortization expense of $0.80 per share

Consolidated sales are now expected to increase by a mid to high single-digit percentage.

Net sales | Up mid to high-single digit % | Up mid to high-single digit %

We expect consolidated Net sales to be up by a low to mid-single digit percentage compared to 2025, and we expect adjusted diluted net income per share to be in the range of $11.50 to $11.90 per share, an increase of 2.4% at the midpoint compared to 2025.

The deck also includes our initial expectations for the full year, where consolidated sales are expected to be up a low- to mid-single-digit %, and diluted net income per share is expected to be in the range of $10.70-$11.10 per share.

For the full year 2026, we expect consolidated Net sales to be up by a low to mid-single digit percentage compared to 2025, and we expect adjusted diluted net income per share to be in the range of $11.50 to $11.90 per share, an increase of 2.4% at the midpoint compared to 2025.

As a result, our expectation for consolidated price mix for the year increases to the high end of our low single-digit range.

Based on these increases, we expect consolidated price/mix for the year to move upward to the high end of our prior low-single digit range guidance.

I would just add to tie that all up, Lawrence, again, if you look in the slide deck that we put out with some of the guidance, you know, we're talking for the full year in 2026, we've got low single digit positive price mix in all three segments, and that gives you a positive low single digit price mix on a consolidated basis for the full year.

This leads us to increase our full-year raw material inflation outlook to the range of up low to mid-single digits.

So as you saw in our slide deck, we're guiding to our raw material basket to be up a low single-digit % this year.

Our initial view of raw material costs is that they will be up low single digits, inclusive of tariffs, with varying costs for individual commodities.

We still expect to open 80-100 new stores for the year.

We expect to open 80-100 net new stores in the U.S. and Canada in 2026.