RPM International Projects Mid-Single-Digit Sales Growth for Fiscal 2027 Amid Rising Raw Material Inflation
RPM International (NYSE: RPM) has projected mid-single-digit sales and adjusted EBITDA growth in fiscal 2027, despite facing rising raw material inflation of between 9% to 11%. The company reported record first-quarter results for the year, with strong performance from its Performance Coatings Group. CEO Frank Sullivan attributed these achievements to his associates' efforts amid sluggish end markets and temporary operational challenges. The guidance reflects RPM's resilience in navigating economic headwinds while maintaining growth momentum across key business segments. As raw material costs continue to rise, investors are watching how the company manages pricing strategies and cost controls to sustain profitability.
Tickers: $RPM
Topics: earnings EBITDA EPS sales growth