Skip to main content

Market Overview

RPM Q4 Result Tops Consensus; Warns On Supply Chain Challenges, Margin Pressure

RPM Q4 Result Tops Consensus; Warns On Supply Chain Challenges, Margin Pressure
  • RPM International Inc. (NYSE: RPM) reported fourth-quarter FY21 net sales growth of 19.6% year-over-year to $1.74 billion, beating the consensus of $1.68 billion.
  • Adjusted EPS improved by 13.3% Y/Y to $1.28, beating the consensus of $1.27.
  • The sales increase was driven by organic growth of 28.4% and foreign currency translation tailwinds of 4.8%.
  • Sales by segments: CPG Segment $629.39 million (+33.2% Y/Y), PCG Segment $283.31 million (+20.5% Y/Y), Consumer Segment $628.86 million (+2.1% Y/Y) and SPG Segment $202.75 million (+49.9% Y/Y).
  • The gross profit increased by 25.2% Y/Y to $693.39 million, and the margin improved by 180 bps to 39.7%.
  • Cash provided by operating activities for the year totaled $766.16 million, compared to $549.92 million a year ago.
  • Cash and cash equivalents were at $246.7 million at the end of May 31, 2021.
  • RPM's consolidated EBIT increased 26.6% Y/Y to $215 million from $169.8 million a year ago.
  • Outlook: The company expects supply chain challenges and margin pressure to persist during the fiscal 2022 first half.
  • It expects Q1 consolidated sales to increase in the low- to mid-single digits, consolidated adjusted EBIT to decrease 25% to 30%, affected by Consumer Group.
  • It expects good performance in Q2, with the exception of the Consumer Group.
  • Price action: RPM shares are trading lower by 2.04% at $86.37 on the last check Monday.

Related Articles (RPM)

View Comments and Join the Discussion!

Posted-In: BriefsEarnings News Guidance

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at