by Lindsey Thompson | Jun 15, 2023 | Industry News, Operational Insights
Every year, brand valuation consultancy Brand Finance puts 5,000 of the biggest brands to the test, and publishes over 100 reports, ranking brands across all sectors and countries. Brand value is understood as the net economic benefit that a brand owner would achieve...
by Lindsey Thompson | Apr 25, 2023 | Industry News
Sherwin-Williams announced its financial results for the first quarter of 2023. Consolidated net sales increased 8.9% to $5.44 billion and net sales from stores in the U.S. and Canada open more than twelve calendar months increased 14.2%. Diluted net income per share...
by Lindsey Thompson | Apr 12, 2023 | Industry News, Trends & Products
Despite the average price of a gallon of paint increasing by nearly $3 a gallon in the past year, overall paint satisfaction has held steady, according to the J.D. Power 2023 U.S. Paint Satisfaction StudySM. Additionally, the percentage of paint customers applying...
by Lindsey Thompson | Jan 27, 2023 | Industry News
Sherwin-Williams sales for Q4 2022 increased 9.8% to $5.2 million because of low double-digit pricing, flat volume and low-single-digit contributions from acquisitions partially offset by low-single-digit FX headwinds. Gross profits were up 18.8%, posted at $2.2...
by Olivia Shroyer | Jan 23, 2023 | Industry News, Trends & Products
Minwax® brand revealed its 2023 Color of the Year: Aged Barrel. Neutral, warm and dependable, Aged Barrel celebrates wood’s imperfections to help DIYers—both new and experienced—bring touches of their unique personal styles to any room. “As new routines push us to...
