Brooke Sutherland, Columnist

The Earnings Crunch Is Getting Real

Shortages and rising costs have reached a tipping point for manufacturers and are set to take a bigger bite out of third-quarter results.

September 10, 2021 at 4:39 PM UTC

By Brooke Sutherland

Brooke Sutherland is Bloomberg News' Boston bureau chief and writes the Industrial Strength Newsletter. She was previously a Bloomberg Opinion columnist covering deals and industrial companies and an M&A reporter for Bloomberg News.

Sherwin-Williams is among companies that have slashed their outlooks for the current quarter. — Sherwin-Williams is among companies that have slashed their outlooks for the current quarter.
Photographer: Daniel Acker/Bloomberg

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Late summer doesn’t appear to have been as booming for industrial companies as CEOs and investors had hoped.