secwatch.observer — SEC 8-K summary
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Issuer:     RPM INTERNATIONAL INC/DE/ (RPM)
CIK:        0000110621
Form:       8-K
Filed at:   2024-04-04T23:59:59+00:00
Accession:  0001193125-24-086604
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RPM Q3 adjusted EPS $0.52 (+40.5% YoY); record sales $1.52B; guides FY flat sales, adjusted EBIT up high-single-digit Q4
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- Record Q3 net sales $1.522B (+0.4%); net income $61.2M; diluted EPS $0.47; adjusted diluted EPS $0.52 (+40.5%).
- Record Q3 adjusted EBIT $110.1M (+31.3%); margin +170 bps on MAP 2025 initiatives and favorable mix.
- CPG sales +4.3% (infrastructure/reshoring); PCG sales +6.9% (engineered solutions). Consumer -4.0% (DIY softness); SPG -7.6% (disaster restoration comps).
- Operating cash flow $941.1M YTD ($1.26B trailing 12 months); total debt reduced $629.2M to $2.19B; liquidity $1.29B.
- Outlook: Q4 sales flat, adjusted EBIT up high-single-digits; FY24 sales near midpoint of low-single-digit growth, adjusted EBIT near midpoint of low-double-digit to mid-teens growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/110621/000119312524086604/0001193125-24-086604-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/110621/000119312524086604/d396804d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-086604

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