SHW - With Tough Comps And Price Pressures RPM International Worth Watching
- RPM is about to see significantly tougher comps in the Consumer business as the company anniversaries big volume gains on pandemic-driven remodel/repair activity.
- Cost pressures are also squeezing the company, as significant increases in underlying costs, supply outages, and alternate sourcing costs are hitting the business ahead of further pricing action.
- Markets like oil/gas and infrastructure offer some good near-term growth opportunities, and the company's Map To Growth plan has been very successful in reducing costs and improving cross-unit collaborations.
- RPM shares are a borderline call today.
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With Tough Comps And Price Pressures, RPM International Worth Watching