RPM International (RPM) Misses Q2 EPS by 9c

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RPM Reports Fiscal 2017 Second-Quarter Results

January 5, 2017 6:45 AM EST

MEDINA, Ohio, Jan. 5, 2017 /PRNewswire/ -- RPM International Inc. (NYSE: RPM) today reported a 3.0% increase in sales and a net loss of $70.9 million for its fiscal 2017 second quarter ended November 30, 2016. The quarter's results included a $188.3 million pre-tax impairment charge related to its Kirker consumer nail enamel business. On an after-tax basis, the charge was $129.2 million, or $0.97 per share. The second quarter also included a charge of $12.3 million, or $0.09 per share, which had no tax impact, related to the decision to exit the... More