Fiscal 2024 Second-Quarter Financial Results
EBIT** (Non-GAAP Measure): RPM Consolidated: Three Months
RPM
($ in thousands, except percent data)
(Unaudited)
Net Income
Provision for Income Taxes
Income Before Income Taxes
Interest Expense
Investment (Income), Net
EBIT** (non-GAAP measure)
Inventory-related charges (a)
Restructuring expense (b)
Accelerated expense - other (c)
ERP consolidation plan (e)
Professional fees (f)
Three Months Ended
November 30, 2023
$
November 30, 2022
145,815
$
131,542
50,009
43,593
195,824
175,135
30,348
27,918
(5,289)
(6,851)
220,883
196,202
214
336
1,270
748
1,591
171
3,418
1,048
7,538
15,325
Discontinued product line (g)
(295)
Business interruption insurance recovery (i)
(836)
Legal contingency adjustment on a divested business (j)
3,953
Adjusted EBIT*** (non-GAAP measure)
$
236,893
$
214,673
Net Sales
$
1,792,275
$
1,791,708
Adj EBIT*** as a % of Net Sales (non-GAAP measure)
13.2%
12.0%
NOTE - Refer to "Non-GAAP Financial Measures" slide for definitions of non-GAAP measures identified (*) in the
table above and "Adjustments Detail" slide for further information on adjustments outlined above.
Investor Presentation | Jan. 11, 2024
44View entire presentation