The Sherwin-Williams Company (SHW) analysis
The Sherwin-Williams Company
Sector:Materials · Architectural Paint
Country:United States
Profile and moat
Sherwin-Williams sells paint, chiefly to the professional painter, in its own stores where the colour is mixed and delivered to the job. Home Depot and Lowe's also sell paint. The owned store does not close the general retail channel. This report does not state a store count or say the company dominates the market.
The year follows housing and remodelling. A year of houses is not normal earnings. Titanium dioxide and resins move the cost. The brand holds a price increase until the painter changes can or the job does not start.
The dividend has to fit in the cash. This report does not state a streak of years.
Sustainable Competitive Advantage