RPM International (RPM) Tops Q4 EPS by 1c
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RPM Reports Results for Fiscal 2021 Fourth Quarter and Full Year
July 26, 2021 6:45 AM EDTSuccessfully completed MAP to Growth operating improvement program with annualized savings exceeding target by $30 million Fourth-quarter net sales increased 19.6% to $1.74 billion Fourth-quarter diluted EPS increased 42.9% to $1.20 and adjusted diluted EPS increased 13.3% to $1.28 Fiscal 2021 full-year sales increased 10.9% to $6.11 billion Fiscal 2021 full-year diluted EPS increased 65.4% to $3.87 and adjusted diluted EPS increased 35.5% to $4.16 Record cash from operations of $766.2 million for the full year driven by margin improvements and good working capital management Supply chain challenges and margin pressure expected to persist during the fiscal 2022 first-half
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