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0 0.00053835800807539 -0.000986989681471507 -0.00323014804845222 -0.00520412741139523 -0.00331987438313149 -0.00376850605652761 -0.00385823239120688
Stock impact report

RPM Q2 Earnings & Sales Miss Estimates, Adjusted EBIT Down Y/Y [Yahoo! Finance]

RPM International Inc. (RPM) 
Last rpm international inc. earnings: 4/8 06:45 am Check Earnings Report
US:NYSE Investor Relations: rpminc.com/investor-information
Company Research Source: Yahoo! Finance
Net sales also missed the consensus estimate but increased year over year. The fiscal second-quarter results showed year-over-year growth in sales, driven by acquisitions and high-performance building solutions. However, the momentum slowed as the quarter progressed due to softening DIY demand. The extended government shutdown further delayed construction activity tied to public projects and lengthened project lead times. Higher Selling, General & Administrative expenses, Mergers and Acquisitions-related costs, and temporary inefficiencies from facility consolidations pressured margins. Although all segments posted positive sales growth for the quarter, it was insufficient to offset higher costs. Expenses rose due to continued growth investments and temporary inefficiencies related to the ongoing consolidation of manufacturing and warehouse facilities, resulting in margin pressure. Looking ahead, management expects margins to improve as the MAP 3.0 initiative gains traction. The Show less Read more
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