SHW shares rise as beats Q2 profit estimates posting $3.70 EPS vs est. $3.52 and net sales rise 7.5% to $6.79B from $6.31B Y/y; Paint Stores

SHW shares rise as beats Q2 profit estimates posting $3.70 EPS vs est. $3.52 and net sales rise 7.5% to $6.79B from $6.31B Y/y; Paint Stores Group sales grew by 5%; raises FY EPS view to $11.80-$12.20, compared with its prior forecast of $11.50-$11.90; shares +7% as chemical names up on day PPG +3%