Rpm Inc Stock Price, News & Analysis

RPM International Inc. (NYSE: RPM) will announce its fiscal 2023 second-quarter financial results on January 5, 2023, before market opening. The results will be available via newswire and on the company's website. Management will host a conference call at 10:00 a.m. ET on the same day to discuss these results. The call will be accessible through a webcast, and a replay will be available from January 5 to January 12, 2023.

RPM operates in specialty coatings and building materials across four segments, employing approximately 16,800 individuals globally.

RPM International Inc. (NYSE: RPM) will present at the Morgan Stanley Global Chemicals, Agriculture and Packaging Conference in Boston, MA on November 9, 2022, starting at 1:15 PM EST. A live webcast will be available on RPM's website, with an archived replay accessible for six months post-event. RPM is a leader in specialty coatings and related services, operating through four segments: consumer, construction products, performance coatings, and specialty products. The company employs around 16,800 people globally.

RPM International Inc. (NYSE: RPM) has announced a quarterly cash dividend of $0.42 per share, marking a 5.0% increase from last year's payment of $0.40. This dividend, payable on October 31, 2022, to stockholders of record by October 17, 2022, represents the company's 49th consecutive year of increased cash dividends. RPM has returned approximately $3.1 billion in dividends over this period, with an annual yield of 2.0% at a share price of $84.00.

RPM International reported a record first-quarter net sales increase of 17.1% to $1.93 billion, with net income up 25.6% to $169.0 million. The company achieved a record diluted EPS of $1.31 and adjusted EPS of $1.47. EBIT rose 29.8% to $255.5 million, while adjusted EBIT increased 33.1% to $275.3 million. For Q2 fiscal 2023, RPM expects sales growth of 9% to 12% and adjusted EBIT growth of 30% to 40%. Strong performance was driven by improved material supply and effective pricing management across all segments.

RPM International Inc. (NYSE: RPM) will announce its fiscal 2023 first quarter financial results on October 5, 2022, before market opening. A conference call will follow at 10:00 a.m. EDT to discuss the results, accessible via webcast or by phone. An investor day is scheduled for October 7, 2022, focusing on MAP 2025 and sustainability initiatives. Replays for both events will be available. RPM operates through various segments, offering specialty coatings and building materials, with a workforce of approximately 16,800 globally.

RPM International Inc (NYSE: RPM) released its 2022 Summary Annual Report today, unveiling its MAP 2025 operational initiative aimed at enhancing growth and efficiency. The plan, succeeding the 2020 MAP to Growth, sets ambitious targets, including $8.5 billion in annual revenue, a 42% gross margin, and a 16% adjusted EBIT margin by May 31, 2025. An Investor Day is scheduled for October 7, 2022, to elaborate on MAP 2025 and sustainability initiatives. Chairman and CEO Frank C. Sullivan emphasized that this plan builds on previous successes to strengthen the company.

RPM International reported a strong fiscal 2022 fourth quarter, with net sales reaching a record $1.98 billion, a 13.7% increase year-over-year, and net income up 27.4% to $199 million. Diluted EPS also hit a record $1.54, reflecting an increase of 28.3%. Total EBIT rose 17.1% to $251.7 million. For the full fiscal year, sales increased 9.8% to $6.71 billion, but net income decreased by 2.2%. The outlook for fiscal 2023 suggests mid-teens sales growth and a 20-25% increase in adjusted EBIT for the first quarter.

RPM International Inc. (NYSE: RPM) announced updated dial-in information for its fiscal 2022 fourth-quarter earnings call on July 25, 2022, at 10:00 a.m. EDT. The call will be accessible via phone and webcast, lasting approximately one hour. A replay will be available from 1:00 p.m. EDT on the same day until August 1, 2022. RPM operates in specialty coatings and building materials, employing around 16,800 individuals worldwide and owning renowned brands including Rust-Oleum and DAP.