Welcome to our dedicated page for Rpm news (Ticker: RPM), a resource for investors and traders seeking the latest updates and insights on Rpm stock.
RPM International Inc. (NYSE: RPM) generates a steady flow of news that is highly relevant to investors, analysts and industry observers interested in specialty coatings, sealants and building materials. The company’s announcements frequently highlight record sales, segment performance and outlook updates across its consumer, construction products and performance coatings segments.
Recent earnings releases have detailed record quarterly and full-year results, including information on net sales, EBIT, adjusted EBIT and adjusted diluted EPS. These reports also discuss the impact of acquisitions, systems and turnkey solutions for high-performance buildings, and the contribution of MAP 2025 operational improvement initiatives. Geographic commentary often covers growth in Europe, North America and emerging markets, particularly in infrastructure and high-performance building projects.
RPM’s news flow also includes dividend declarations and increases, underscoring its multi-decade history of annual dividend growth. Press releases describe how this track record places RPM in a small group of U.S. public companies with more than 50 consecutive years of dividend increases.
Another key theme in RPM news is mergers and acquisitions. The company reports on strategic transactions such as Tremco Construction Products Group’s agreement to acquire Kalzip GmbH, a global leader in metal-based roofs and facades for building envelopes. These updates explain how acquisitions expand RPM’s building envelope portfolio and international reach.
In addition, RPM issues releases on leadership changes and organizational structure, including transitions to a three-segment reporting model and new executive appointments. For anyone following RPM stock, this news page offers a centralized view of financial results, strategic moves, corporate governance updates and dividend actions. Bookmark this feed to monitor how RPM’s operational performance, acquisitions and capital allocation decisions evolve over time.
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.
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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.
RPM International Inc. has appointed Bryan R. Gillette as vice president – internal audit and chief audit executive, effective July 19, 2022. Gillette, who has led the Global Internal Audit team since 2019, is tasked with managing all internal audit activities, including financial audits and compliance assessments, according to the Sarbanes-Oxley Act. His prior experience includes positions at The Goodyear Tire & Rubber Company. CEO Frank C. Sullivan praised Gillette's contributions to enhancing internal audit processes and accountability across the company.