Overview
- Fiscal Q1 revenue rose 7.4% to $2.11 billion, topping the $2.057 billion consensus.
- Adjusted diluted EPS came in at $1.88, matching expectations and rising 2.2% year over year; GAAP diluted EPS was flat at $1.77.
- Performance Coatings Group led with 9.9% revenue growth and 11.0% adjusted EBIT growth, while Construction Products grew 6.5% and Consumer increased 6.6%.
- The company guided Q2 sales and adjusted EBIT growth in the mid-single digits and said consumer sales should outpace other segments.
- Shares were down about 2.5% premarket to $114.98, as RPM highlighted tariff-related inflation and reported $237.5 million in operating cash flow, $2.67 billion in total debt, and $933.4 million in liquidity.