Quarterly ResultApr 8, 2026, 07:01 AM
RPM International Reports Record Q3 Fiscal 2026 Results: Sales Up 8.9% to $1.61B, Adjusted EPS Jumps 62.9% to $0.57
AI Summary
RPM International Inc. announced record financial results for its fiscal 2026 third quarter, driven by strong performance across its segments. The company achieved record sales of $1.61 billion, marking an 8.9% increase year-over-year, alongside a significant surge in profitability. Adjusted diluted EPS soared by 62.9% to $0.57, and adjusted EBIT increased by 48.8% to $116.4 million, reflecting robust operational execution. Management expressed pride in these record results and reaffirmed its fiscal 2026 fourth-quarter guidance, anticipating continued growth in sales and adjusted EBIT.
Key Highlights
- Record third-quarter sales reached $1.61 billion, an increase of 8.9% compared to the prior-year period.
- Net income for the third quarter was $51.4 million, with diluted EPS reported at $0.40.
- Record third-quarter adjusted diluted EPS increased by 62.9% to $0.57 compared to the prior-year.
- Record third-quarter adjusted EBIT grew by 48.8% to $116.4 million compared to the prior-year.
- Frank C. Sullivan, RPM chairman and CEO, commented on being proud of the record third-quarter results.
- The company reaffirmed its fiscal 2026 fourth-quarter guidance, expecting mid-single-digit sales growth and low- to high-single digit adjusted EBIT growth.