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RPM International Expects Q4 2024 Sales To Be Approximately Flat And For 2024 Expects Revenue Growth Near Midpoint Of Previous Outlook Of Up Low-Single Digits

The company expects the following in the fiscal 2024 fourth quarter: Consolidated sales to be approximately flat compared to prior-year record results. CPG sales to increase in the low- to mid-single-digit
byBenzinga Newsdesk
April 4, 2024
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  • The company expects the following in the fiscal 2024 fourth quarter:

  • Consolidated sales to be approximately flat compared to prior-year record results.
  • CPG sales to increase in the low- to mid-single-digit percentage range compared to prior-year record results.
  • PCG sales to be approximately flat compared to prior-year record results.
  • SPG sales to decrease in the mid-single-digit percentage range compared to prior-year results.
  • Consumer Group sales to decrease in the mid-single-digit percentage range compared to prior-year record results.
  • Consolidated adjusted EBIT to increase in the high-single-digit percentage range compared to prior-year record results.

  • The company expects the following in the full-year fiscal 2024:

  • Consolidated sales to increase near the midpoint of the previous outlook, which was an increase in the low-single-digit percentage range compared to prior-year record results.
  • Consolidated adjusted EBIT to increase near the midpoint of the previous outlook, which was an increase in the low-double-digit to mid-teen percentage range compared to prior-year record results.
 
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