Sherwin-Williams has been outperforming market expectations as of late, and appears poised to continue to outperform its peers, according to Bloomberg analysts Sean Gilmartin and Jason Miner. "Sherwin-Williams is proving adept at navigating a 2023 demand environment and appears poised to deliver a solid (second half of 2023) despite challenging year-over-year comparisons and volume headwinds in new residential and North American industrial," the two wrote Wednesday, Oct. 11, the day Petz's ascension was announced. Sherwin-Williams is benefitting from raw material costs that are finally dropping, Gilmartin and Miner wrote.