$RPM (RPM International Inc.)

$RPM {{ '2016-04-06T11:40:09+0000' | timeago}} • Announcement

$RPM's largest segment, Industrial, 3Q16 sales fell 3.1% to $484MM, hurt by businesses with exposure to the global energy sector and businesses in Europe which were all down in the quarter. Specialty segment sales rose 37.5% and Consumer segment sales rose 3.9% versus 3Q15.

$RPM {{ '2017-10-05T19:14:15+0000' | timeago}} • Announcement

$RPM declared a regular quarterly cash dividend of $0.32 per share, payable on October 31, 2017, to stockholders of record as of October 16, 2017. This payment represents a 6.7% increase over the $0.30 quarterly cash dividend paid at this time last year.

$RPM {{ '2017-10-05T18:25:35+0000' | timeago}} • Webcast

$RPM's 1Q18 gross profit increased 3.6% to $572MM from $552MM during 1Q17.  As a percent of net sales, gross declined 160BP mainly due to higher raw material costs and an unfavorable shift in mix.

$RPM {{ '2017-10-05T18:13:12+0000' | timeago}} • Webcast

During 1Q18, $RPM's Industrial segment reported 8% rise in its sales, driven by prior year acquisitions and organic growth of 3.2%. Sales in the consumer segment rose 6.8%, helped by acquisition of Touch n’ Foam, at DAP and SPS and Rust-Oleum in Europe. Sales in the Specialty segment increased 6.9%.

$RPM {{ '2017-10-04T12:00:08+0000' | timeago}} • Announcement

$RPM expects its FY18 sales growth in its industrial and consumer segments to be in the mid-single-digit range. Net sales growth in the Specialty segment is expected to be in the low- to mid-single-digit range. The company maintains its EPS guidance of $2.85-2.95 per share.

$RPM {{ '2017-10-04T11:53:38+0000' | timeago}} • Announcement

$RPM posted a higher results in 1Q18. Net sales grew 7.5% YoY to $1.35Bil, helped by improved sales in all three segments. Net income rose 3.2% to $116.4MM from $112.8MM in the year-ago period, and diluted EPS was $0.86, up 3.6% from $0.83 in 1Q17. The company benefited from the nine acquisitions made in FY17 and its SG&A cost reduction actions.

$RPM {{ '2017-07-25T21:21:47+0000' | timeago}} • Infographic

$RPM has appointed David P Reif as President of RPM Industrial Segment. Reif, formerly President of the RPM Performance Coatings Group, has served as CFO of RPM and President of its StonCor Group. He will report to President and COO Ronald A Rice. The company also promoted David Dennsteadt to Group President of RPM Performance Coatings Group.

$RPM {{ '2017-07-21T16:13:42+0000' | timeago}} • Announcement

$RPM has acquired Key Resin Company, a provider of speciality building materials. Key Resin will be incorporated into RPM’s Euclid Group. The transaction is expected to be accretive to the company’s earnings within one year. The terms of the deal have not been disclosed.

$RPM {{ '2017-07-19T13:03:55+0000' | timeago}} • Announcement

$RPM appointed Julie Lagacy to its BoD, effective immediately, and has nominated Robert Livingston as a director candidate for election to the board at its annual stockholders' meeting on Oct. 5, 2017. Lagacy is VP of global information services and CIO at $CAT, and Livingston is president and CEO of $DOV.

$RPM {{ '2017-04-06T15:13:07+0000' | timeago}} • Webcast

$RPM stated that the weakness in the specialty market relates to challenging comps YoY. The company also saw some slowdown in certain OEM businesses. $RPM is estimating low single digit growth for the specialty market going into 4Q17. In the industrial market, $RPM expects low to mid single digit organic growth for 4Q17.

$RPM {{ '2017-04-06T14:50:23+0000' | timeago}} • Webcast

$RPM said its biggest challenge in Brazil was tough comps. The company continues to have a positive investment profile in Brazil and it is bullish across a couple of its businesses for this market. The improvement in the Real also suggests the underlying economy is improving.

$RPM {{ '2017-04-06T14:20:50+0000' | timeago}} • Webcast

In 3Q17, $RPM’s organic sales decreased 0.1%. In the Industrial segment, organic sales increased 2.5% while in the Specialty segment, organic sales decreased 0.6%. In the Consumer segment, organic sales decreased 3.6%. Consolidated gross profit increased 3.8% to $428.6MM in 3Q17.

$RPM {{ '2017-04-06T11:32:07+0000' | timeago}} • Announcement

$RPM's Industrial segment sales in 3Q17 increased 5.8% to $521.4MM, while sales in specialty segment rose 1.8% to $159.7MM. Meanwhile, $RPM reported 0.7% increase in consumer segment sales to $341.4MM during the quarter. On a different note, $RPM said its five acquisitions during the quarter will add approx $170MM in annualized sales.

$RPM {{ '2017-04-06T11:25:30+0000' | timeago}} • Announcement

$RPM maintained its EPS guidance for FY17 in the range of $1.54-1.64. However, it lowered its adjusted EPS guidance by $0.05 per share, and currently expects it between $2.57 and $2.67 due to impairment and restructuring charges.

$RPM {{ '2017-04-06T11:18:17+0000' | timeago}} • Announcement

$RPM posted mixed results in 3Q17. Net sales grew 3.4% to $1Bil, riding on revenue hike in all three segments. However, higher impairment and restructuring charges lowered net income attributable to $RPM to  to $11.9MM, or $0.09 per share, from prior-year quarter's $18.6MM, or $0.14 per share. Excluding items, EPS was unchanged at $0.09.

$RPM {{ '2017-01-17T15:45:04+0000' | timeago}} • Announcement

$RPM has acquired Prime Resins to be part of its USL Group. Prime Resins is a manufacturer of specialty chemicals and equipment for infrastructure construction and repair and has annual net sales of approx. $7MM. Terms of the transaction, which is expected to be accretive to earnings within one year, were not disclosed.

$RPM {{ '2017-01-05T16:24:57+0000' | timeago}} • Webcast

$RPM saw mixed performance in the industrial sector. The company saw strong performance in the UK across all its businesses and particularly strong performance by Rust-Oleum. Due to the negative effects of the pound and euro, these results are not reflected well in US dollars as compared to local currencies.

$RPM {{ '2017-01-05T16:10:51+0000' | timeago}} • Webcast

$RPM said organic growth in the consumer business, excluding Kirker, was up 6.5% in 2Q17. The company is picking up share in the Wood Stains & Finishes category and Small-Project Paints. $RPM was inhibited by capacity issues in 1H17 which were addressed in a manner that will eliminate capacity constraints in 2H17.

$RPM {{ '2017-01-05T15:56:22+0000' | timeago}} • Webcast

$RPM wrote off a substantial portion of goodwill and intangibles on the Kirker business. The deterioration of this business accelerated due to about a 15-20% decline in the overall market and some supply chain actions. $RPM expects to see better leverage to profits in the core consumer businesses that will compensate for Kirker’s shortfall in 2H17.

$RPM {{ '2017-01-05T15:39:24+0000' | timeago}} • Webcast

$RPM expects to incur higher professional fees associated with acquisitions in 3Q17. The company also expects to incur inventory step-up charges on the first turn of inventory for the acquisitions. $RPM expects a $0.05 per share approximate charge in Europe for restructuring.

$RPM {{ '2017-01-05T15:28:35+0000' | timeago}} • Webcast

During 2Q17, $RPM’s industrial segment sales increased 1.6% QoverQ to $633.4MM. Consumer segment sales increased 4.1% to $373.8MM. Specialty segment sales increased 5.7% to $183.6MM. Organic sales for the specialty segment increased 5.2%, acquisition growth added 2.5% and foreign currency translation reduced sales by 2%.

Recent Transcripts

NUE (Nucor Corporation)
Thursday, October 19 2017 - 6:00pm
PPG (PPG Industries, Inc.)
Thursday, October 19 2017 - 6:00pm
UFPI (Universal Forest Products Inc.)
Wednesday, October 18 2017 - 12:30pm
RPM (RPM International Inc.)
Wednesday, October 4 2017 - 2:00pm
FUL (HB Fuller Co.)
Thursday, September 28 2017 - 2:30pm
VGZ (Vista Gold Corp.)
Wednesday, August 9 2017 - 8:30pm
TGB (Taseko Mines Ltd.)
Thursday, August 3 2017 - 3:00pm
MOS (The Mosaic Company)
Tuesday, August 1 2017 - 1:00pm
KWR (Quaker Chemical Corporation)
Friday, July 28 2017 - 12:30pm
FOE (Ferro Corporation)
Thursday, July 27 2017 - 2:00pm
HUN (Huntsman Corporation)
Thursday, July 27 2017 - 2:00pm
PG (The Procter & Gamble Company)
Thursday, July 27 2017 - 12:30pm
MAS (Masco Corporation)
Thursday, July 27 2017 - 12:00pm
AVY (Avery Dennison Corporation)
Tuesday, July 25 2017 - 4:00pm
MMM (3M Company)
Tuesday, July 25 2017 - 1:00pm
RPM (RPM International Inc.)
Monday, July 24 2017 - 2:00pm
PPG (PPG Industries, Inc.)
Thursday, July 20 2017 - 6:00pm
NUE (Nucor Corporation)
Thursday, July 20 2017 - 6:00pm
SHW (The Sherwin-Williams Company)
Thursday, July 20 2017 - 3:00pm
UFPI (Universal Forest Products Inc.)
Wednesday, July 19 2017 - 12:30pm

AlphaGraphics you may like