RPM International Reports Higher Q1 Revenue, Raises FY26 Sales Guidance
RPM International Reports Higher Q1 Revenue, Raises FY26 Sales Guidance

RPM International Reports Higher Q1 Revenue, Raises FY26 Sales Guidance

News summary

RPM International Inc. reported a 7.4% increase in first-quarter revenue to $2.11 billion, driven by acquisitions such as The Pink Stuff and Ready Seal, and implemented price increases to offset tariff inflation. The company's net income remained flat at $227.6 million, or $1.77 per share, with adjusted earnings meeting analyst expectations at $1.88 per share. Despite a challenging housing market impacting building-product suppliers, RPM's diversified business and focus on repair and maintenance supported solid organic sales growth. For the second quarter of fiscal 2026, RPM expects consolidated sales to grow in the mid-single-digit percentage range, with consumer sales projected to outpace other segments due to acquisitions. The company also revised its full-year 2026 sales outlook upward, anticipating growth toward the higher end of its previous low- to mid-single-digit forecast. Analysts expect revenue growth of approximately 4.65% for the quarter and 4.94% for the year, reflecting confidence in RPM's growth strategy amid economic headwinds.

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