tiprankstipranks
Advertisement
Advertisement

RPM sees Q4 revenue up ‘mid-single-digit range’ vs. last year

Q4 consensus $2.17B. CEO Sullivan said, “We expect to grow sales and adjusted EBIT again in the fourth quarter and deliver record results, even as we face more challenging comparisons and geopolitical uncertainty in the Middle East adds cost and complexity to the operating environment.” He concluded, “As we have demonstrated in prior cycles, we remain focused on what we can control-outgrowing our underlying markets and driving efficiency improvements. Our center-led procurement team is applying lessons learned from past supply chain disruptions to mitigate inflation and ensure supply, while we implement pricing actions to offset remaining cost pressures. I want to thank our associates globally-especially those in the Middle East-for their commitment to safety and their continued focus on serving customers during these uncertain times.” The company’s outlook for the fiscal 2026 fourth quarter is: Reaffirming consolidated sales to increase in the mid-single-digit range compared to prior-year record results. Reaffirming consolidated adjusted EBIT to be up low- to high-single-digits compared to prior-year record results.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1