RPM reports record second-quarter sales of $1.85 billion; net income up 25.9%
RPM International reported fiscal 2025 second-quarter sales of $1.85 billion, up 3.0%, with net income attributable to stockholders of $183.2 million and diluted EPS of $1.42, up 25.7% from a year earlier. The company narrowed its full-year adjusted EBIT outlook to 6% to 10% growth, but expects flat third-quarter sales and says winter weather is pressuring the Consumer and Specialty Products Groups.
- Q2 net sales of $1.85 billion, up 3.0%; adjusted diluted EPS of $1.39, up 13.9%
- Net income attributable to RPM stockholders of $183.2 million, up 25.9% from $145.5 million
- Full-year fiscal 2025 adjusted EBIT now expected to grow 6% to 10%, versus the prior mid-single-digit to low-double-digit outlook
- Third-quarter outlook: consolidated sales flat and adjusted EBIT similar to prior year