secwatch.observer — SEC 8-K summary
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Issuer:     RPM INTERNATIONAL INC/DE/ (RPM)
CIK:        0000110621
Form:       8-K
Filed at:   2022-10-05T23:59:59+00:00
Accession:  0001193125-22-257921
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RPM reports record Q1 sales $1.93B, EPS $1.31; Q2 guidance: sales +9-12%, EBIT +30-40%
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- Record Q1 net sales of $1.93B (+17.1% YoY); net income $169M (+25.6%); diluted EPS $1.31; adjusted diluted EPS $1.47 (record).
- Adjusted EBIT record $275.3M (+33.1%); all four segments achieved double-digit sales growth.
- Consumer Group sales +22.5% to $659.5M; adjusted EBIT +149.6% to $117.1M on MAP 2025 savings and supply improvements.
- Q2 FY2023 outlook: sales growth 9-12%, adjusted EBIT growth 30-40%; Consumer Group sales expected up teenager.
- Operating cash flow $23.6M (vs $76.1M) due to inventory build for supply chain resiliency; total liquidity $1.15B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110621/000119312522257921/0001193125-22-257921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110621/000119312522257921/d257065d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-257921

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