RPM Achieves Record Net Sales in Fiscal 2021 Second Quarter
RPM International’s fiscal 2021 second quarter net sales were nearly $1.4 billion, up 6% over the $1.4 billion reported a year ago.
RPM International Inc. recently reported record sales, earnings, and cash from operations for its fiscal 2021 second quarter, ended November 30, 2020. Fiscal 2021 second quarter net sales were nearly $1.5 billion, up 6% over the $1.4 billion reported a year ago.
The fiscal 2021 second quarter included $18.6 million in charges for restructuring related to the company’s MAP to Growth operating improvement plan and other charges, as well as a $2 million charge for the resolution of a legacy investigation by the Securities and Exchange Commission (SEC). The same period of fiscal 2020 included charges of $34.4 million for restructuring and acquisition-related costs.