Jul 28, 2023
RPM Q4 net sales climb
RPM International Inc. had net sales of $2.02 billion for fiscal fourth quarter of 2023, up 1.6% over net sales of $1.98 billion in the fiscal fourth quarter of 2022. Sales for the construction product group grew 0.3% year over year to $748.05 million; sales for the performance coatings group grew 8.8% to $58.36 million; sales for the specialty products group decreased 14.3% to $193.42 million; and sales for the consumer group grew 4.9% to $716.39. Overall net income for the fourth quarter was $151.4 million, down 23.9% compared to net income of $199 million in the year-ago period. Earnings before interest and taxes (EBIT) were down 6% year over year to $236.4 million.


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