RPM International releases transcript of fiscal Q3 2026 earnings call

RPM International Inc. -0.68%

RPM International Inc.

RPM

104.98

-0.68%

  • RPM management outlined fiscal Q3 2026 results on earnings call attended by Chairman and CEO Frank Sullivan, CFO Russell Gordon, Controller and Chief Accounting Officer Michael Laroche, Investor Relations VP Matthew Schlarb, with analysts from Mizuho, Bank of America, BMO, Seaport, Baird, Citi, Vertical Research, RBC, Deutsche Bank, Wells Fargo, Morgan Stanley, UBS, Evercore, JPMorgan.
  • Record quarter featured nearly 9% sales growth, nearly 50% jump in adjusted EBIT, with margin improvement across all segments.
  • Management flagged Middle East conflict as driver of supply-chain disruption and higher input costs, projecting raw-material inflation of 1%-2% in fiscal Q4 2026, rising to mid- to high-single digits in fiscal Q1 2027.
  • RPM began rolling out price increases by business and region, expecting pricing to offset inflation, with some freight-related surcharges likely temporary.
  • Company reaffirmed fiscal Q4 guidance for mid-single-digit revenue growth and adjusted EBIT growth in low- to high-single digits, citing heightened geopolitical uncertainty.


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