RPM International Inc. recently reported a 3% increase in sales.
RPM International Inc. recently reported a 3% increase in sales and a net loss of $70.9 million for its second quarter of the fiscal year 2017, which ended November 30, 2016.
Net sales of $1.19 billion were up 3% over the $1.16 billion reported a year ago. Organic sales improved 3.8% and acquisition growth added 1.7%. Foreign currency translation reduced sales by 2.5%. The loss in the fiscal 2017 second quarter of $70.9 million compares to net income of $83.4 million in the same quarter last year.