earnings
confidence high
sentiment negative
materiality 0.75
RPM reports record Q2 sales $1.91B but adjusted EPS falls 13.7%; launches $100M cost plan
RPM INTERNATIONAL INC/DE/
2026-Q2 EPS reported
$3.03
revenue$4,023,638,000
- Record Q2 sales $1.91B (+3.5% YoY); net income $161.2M, diluted EPS $1.26.
- Adjusted diluted EPS $1.20 (down 13.7% YoY); adjusted EBIT $226.6M (down 11.2%).
- SG&A optimization to save ~$100M annually; $5M in Q3, $20M in Q4, $75M in FY2027.
- Q3 guidance: mid-single-digit sales growth; adjusted EBIT up mid-to-high single digits. Q4: mid-single-digit sales growth; adjusted EBIT up low-to-high single digits.
- Consumer Group adjusted EBIT down 6.2% on DIY softness; CPG adjusted EBIT down 10.9% on plant consolidation.