secwatch.observer — SEC 8-K summary
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Issuer:     RPM INTERNATIONAL INC/DE/ (RPM)
CIK:        0000110621
Form:       8-K
Filed at:   2022-04-06T23:59:59+00:00
Accession:  0001193125-22-096766
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RPM reports record Q3 sales $1.43B (+13% YoY); EPS $0.25 vs $0.29; adjusted EPS $0.38 flat
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- Net income $33M (-13.7%); diluted EPS $0.25 (-13.8%); adjusted EPS $0.38 flat.
- Record Q3 sales $1.43B (+13% YoY); record EBIT $66.9M (+2.3%); adjusted EBIT $80.6M (+0.8%).
- Consumer Group EBIT down 60.7% to $16.8M; adjusted EBIT down 63.9% to $17.2M due to inflation and supply chain.
- Completed $300M offering of 2.95% 10-year notes Jan 2022; liquidity $1.46B; cash from ops 9M $156M vs $651.9M YoY.
- Q4 outlook: sales and adjusted EBIT growth low teens; challenged by supply chain, inflation, and stronger USD.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110621/000119312522096766/0001193125-22-096766-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110621/000119312522096766/d315373d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-096766

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