Rpm International Inc: Quarterly report
RPM International reported higher net sales and net income for the first quarter of fiscal 2027.
Positive for the companyWhat the numbers say
Revenue rose 4.8% to $2.2B versus the same quarter last year (0.7% down on the previous quarter); gross margin narrowed from 42.3% to 41.3%; diluted EPS $2.01 versus $1.77; cash was flat at $312.8M while debt was flat; diluted share count down 0.6% (buybacks).
What happened
- Consolidated net sales increased by 4.8% to $2,215.6 million, supported by organic growth in the PCG and Consumer segments.
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