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RPM reports record sales, net income: Earnings per share rise 47.8% for quarter that ended Nov. 30.
From:
Akron Beacon Journal (Akron, OH)
| Date:
January 5, 2007
| COPYRIGHT 2007 Akron Beacon Journal. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Byline: Betty Lin-Fisher
Jan. 5--RPM International Inc., the Medina maker of Rust-Oleum, DAP, Zinsser and other consumer and industrial coatings, reported yet another record-breaking quarter of sales and net income for the second quarter ending Nov. 30. RPM said Thursday net sales were $809.4 million, up 9.5 percent from $739.4 million a year ago. The company's net income grew 52.1 percent to $43.1 million from $28.3 million a year ago while earnings per share increased 47.8 percent to 34 cents from 23 cents in the fiscal 2006 second quarter. Before a pre-tax ...
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