| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q2'26 | July 28, 2026 | 6/12 | 1 high, 4 medium, 2 low flags | 1 | 2 | Call sheet → |
| Q1'26 | April 28, 2026 | 9/12 | 2 medium, 4 low flags | 1 | 1 | Call sheet → |
| Q4'25 | January 29, 2026 | 9/12 | 4 medium, 2 low flags | 7 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q2'26 | Missed | Raw material inflation low to mid single digits Raised to mid single digits with H2 at high single digits |
| Q2'26 | Delivered | Souvenir integration to be immaterial to EPS Confirmed immaterial tailwind as integration continues |
| Q2'26 | Missed | Open 80-100 new stores in 2026 Now only 30 net stores due to 57 closures. Gross openings on track but net way below |
| Q2'26 | Pending | Maintain gross margins at last year's level Now guiding to 'maintain at midpoint' suggesting some uncertainty |
| Q2'26 | Pending | Full year SG&A to increase low single digits Q2 up mid-single digits but full year guide unchanged at low single digits |
| Q1'26 | Delivered | Gross margin expansion for full year Q1 showed 90 bps expansion, 14th out of 15 quarters |
| Q1'26 | Pending | SG&A up low single-digit percentage Maintained despite inflationary pressures |
| Q1'26 | Pending | Adjusted diluted EPS $11.50 to $11.90 Unchanged despite raw material inflation increase |
| Q1'26 | Pending | Open 80-100 net new stores Reaffirmed despite Q1 net closure of 6 stores |
| Q1'26 | Missed | Raw materials up low single digits Now up low to mid single digits due to Middle East conflict |
| Q1'26 | Pending | Full-year consolidated sales up low to mid single-digit percentage Maintained guidance despite volume cut, implies pricing/mix offsetting |
| Q4'25 | Delivered | Reinstate 401(k) match as soon as performance allowed Restored February 1, faster than originally anticipated |
| Q4'25 | Delivered | 7% price increase in Paint Stores Group effective January 1 Implemented as promised but realization expectations lowered |
| Q4'25 | Exceeded | Move into new headquarters and R&D center completed in spring Completed by end of 2025, ahead of schedule |
| Q4'25 | Exceeded | Total benefit in 2025 of approximately $40 million in savings from restructuring Delivered and now expecting $46M in 2026 |
| Q4'25 | Delivered | Low single-digit percentage increase in SG&A for full year including targeted growth investments Maintained discipline despite 401(k) restoration |
| Q4'25 | Delivered | Adjusted diluted net income per share to be in the range of $11.25 to $11.45 Achieved $11.43, right at midpoint |
| Q4'25 | Delivered | 80 to 100 North America Paint Stores for the year Opened 80 net new stores, at bottom of range |
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