Description

RPM International: Data Center Build-Outs, Flooring Expansion, and the Coatings Supercycle Setup!

RPM International’s fiscal second quarter of 2026 presented a mixed overview of its business trajectory, reflecting the complexities of the current economic environment. The company reported record sales for the quarter, bolstered by targeted growth investments, but this was tempered by a slowdown in momentum as the quarter progressed. The deceleration was notably evident in late-October and November, driven by factors such as longer construction project lead times, a softening in DIY demand, and a government shutdown that stymied certain construction activities tied to public funding. This downturn in momentum led to a decline in margins due to higher expenses and temporary inefficiencies stemming from plant and warehouse consolidations. The company’s sales growth was positive across all segments, with acquisitions and substantial investments contributing to its resilience in high-performance building solutions.