Quarterly ResultApr 8, 2026, 07:06 AM
RPM Reports Record Fiscal Q3 2026 Results with Sales Up 8.9% to $1.61 Billion and Adjusted EPS Soaring 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, an 8.9% increase year-over-year, alongside a significant 62.9% rise in adjusted diluted EPS to $0.57. Adjusted EBIT also saw substantial growth, increasing by 48.8% to $116.4 million, reflecting operational efficiencies and market demand. Looking ahead, RPM reaffirmed its fiscal 2026 fourth-quarter guidance, projecting mid-single-digit sales growth and low- to high-single-digit adjusted EBIT growth, signaling continued confidence in its business trajectory.
Key Highlights
- Record third-quarter sales reached $1.61 billion, marking an 8.9% increase compared to the prior-year period.
- Net income for the third quarter was $51.4 million, with diluted EPS reported at $0.40.
- Adjusted diluted EPS for the quarter surged by 62.9% year-over-year to a record $0.57.
- Adjusted EBIT increased by 48.8% compared to the prior-year, reaching a record $116.4 million.
- The company reaffirmed its fiscal 2026 fourth-quarter guidance, expecting mid-single-digit sales growth.
- Fiscal 2026 fourth-quarter adjusted EBIT growth is projected to be in the low- to high-single digits.