MEDINA, Ohio (Oct. 10)—RPM Inc. reported earnings growth for its fiscal first quarter ended Aug. 31. For the period, the company's net income rose 27 percent to $36.6 million from $28.9 million a year ago, with its earnings per share jumping 29 percent to 36 cents from 28 cents last year. Nets sales for RPM declined 4 percent to $533.3 million from $554.9 million a year ago as a result of the March 1 divestiture of its Durabond unit, a stronger U.S. dollar and generally flat sales in both the industrial and consumer business segments, the company said in a prepared statement.
RPM's quarterly earnings continue growth
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