Construction Products Lead RPM Sales

RPM International Inc. had net sales of $1.74 billion for the fourth quarter of its 2021 fiscal year, an increase of 19.6 per cent compared to net sales of $1.46 billion in the fourth quarter of fiscal 2020. Net income for the quarter increased 42.8 per cent to $156.1 million compared to net income of $109.3 million in the prior-year period. Income before income taxes was $204.3 million compared to $146.9 million in the year-ago period and consolidated earnings before taxes increased 26.6 per cent to $215 million. The construction products group had net sales of $629.4 million, an increase of 33.3 per cent year-over-year; the performance coatings group had net sales of $283.3 million, up 20.5 per cent; and the consumer group had net sales of $628.9 million, up two per cent.