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RPM Backs FY 2025 Guidance After 1Q Profit Rises

By MarketWatch   |   Oct 2, 2024 at 06:59 AM EST
RPM Backs FY 2025 Guidance After 1Q Profit Rises

RPM International reported an increase in first-quarter profit slightly below market expectations, with net income of $227.7 million. Despite a drop in sales, the company backed its guidance for fiscal 2025, expecting flat second-quarter sales and mid-single-digit percentage growth in adjusted EBIT.

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