Sherwin-Williams reports Cleveland cuts while Sherwin-Williams stock costs EUR 299.25

Published on 10/21/2026 at 11:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Cleveland cuts affect 40 positions in an operations review. Sherwin-Williams stock costs EUR 299.25 on October 21, 2026 at a USD 81.6 billion market value.

Workforce and earnings milestones

Sherwin-Williams reported Cleveland workforce cuts on October 20, 2026, while Ohio employment exceeds 6,000.
Second-quarter 2026 revenue reached USD 6.79 billion, up 7.5 percent year over year.
Sherwin-Williams stock traded at EUR 299.25 at 11:50 a.m. CEST at Lang & Schwarz on October 21, 2026.

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Sherwin-Williams (ISIN US8243481061) reported workforce cuts at its Cleveland headquarters on October 20, 2026, while its stock traded at EUR 299.25 at Lang & Schwarz on October 21, 2026 at 11:50 a.m. CEST. The company said the reductions were part of an operations and resource review, according to Cleveland.com.

What does the workforce review show?

The Cleveland reduction affected selected areas, and Sherwin-Williams said the decisions were unrelated to employee performance. The company has more than 6,000 employees in Ohio, giving the workforce action a measurable local context, according to Cleveland.com.

Three dates shape the stock story

On July 28, 2026, Sherwin-Williams reported second-quarter revenue of USD 6.79 billion, compared with USD 6.60 billion expected, while adjusted earnings per share reached USD 3.70 versus USD 3.52 consensus. On October 9, 2026, Goldman Sachs cut its price target from USD 420 to USD 410 while retaining a Buy rating, citing lower peer multiples, as reported by Investing.com. On October 20, 2026, the company reported the Cleveland workforce cuts and described them as part of an ongoing operations review.

When are the next results due?

Sherwin-Williams is scheduled to release third-quarter 2026 results before the market opens on October 27, 2026, and will discuss the fourth-quarter and full-year outlook during a 10:00 a.m. EDT conference call, according to Sherwin-Williams.

Stock valuation stays measurable

MarketBeat listed a USD 81.67 billion market capitalization and a USD 289.86 to USD 377.77 52-week range on October 21, 2026. Its analyst roundup cited a Moderate Buy consensus from 27 research firms and an average 12-month target of USD 382.08, according to MarketBeat. The next results will test whether the second-quarter revenue growth can continue alongside the companys cost and organizational review.

Price and reporting dates

Sherwin-Williams was trading at EUR 299.25 at Lang & Schwarz on October 21, 2026 at 11:50 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Sherwin-Williams stock.