Sherwin-Williams Co at Wells Fargo Industrials Conference (Virtual) Transcript

May 05, 2021 - May 06, 2021 / NTS GMT
Michael Joseph Sison - Wells Fargo Securities, LLC, Research Division - MD & Senior Equity Analyst

Good afternoon, everyone. Cheers from Cleveland, the home of the pending Super Bowl Champs, The Browns. Hopefully, my buddies at Sherwin-Williams, will know that's true.

With that said, I wanted to introduce Sherwin-Williams, whose stock is up about 16% year-to-date versus the S&P 500, up 11%. Longer term, if you bought Sherwin-Williams in '09, you bought $10,000. You're worth a little over $100,000 today. It's one of the best performing companies on my coverage list. The last down year in EPS growth for Sherwin-Williams is 2009. They've generated EPS growth every year since then to 2020, was up 16%, and the outlook points to another year of growth in 2021.

With us today, we have John Morikis, the Chief Executive Officer; as well as Eric Swanson, Vice President of Investor Relations. (Operator Instructions) And if anybody wants to see my new business tropical suit in person. Just let me know, we are allowed to do in-person meetings and look forward to seeing everybody.

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