RPM International, Inc. (NYSE:RPM) Q1 2025 Earnings Conference Call October 2, 2024 10:00 AM ET

Company Participants

Matthew Schlarb - Senior Director of IR
Frank Sullivan - Chairman and CEO
Russell Gordon - VP and CFO
Michael Laroche - VP, Controller and Chief Accounting Officer

Conference Call Participants

John McNulty - BMO Capital Markets

Frank Mitsch - Fermium Research

Kevin McCarthy - Vertical Research Partners

David Huang - Deutsche Bank

Vincent Andrews - Morgan Stanley

John Roberts - Mizuho

Michael Harrison - Seaport Research Partners

Michael Sison - Wells Fargo

Steve Byrne - Bank of America Merrill Lynch

Lucas Beaumont - UBS

Silke Kueck - JPMorgan

Aleksey Yefremov - KeyBanc Capital Markets

Arun Viswanathan - RBC Capital Markets

Operator

Good day, and welcome to the RPM International Fiscal First Quarter 2025 Earnings Conference Call. All participants will be in listen-only mode, [Operator Instructions] Please note, today's event is being recorded. I would now like to turn the conference over to Matt Schlarb, Vice President, Investor Relations and Sustainability. Please go ahead.

Matthew Schlarb

Thank you, Rocco, and welcome to RPM International's conference call for the fiscal 2025 first quarter. Today's call is being recorded. Joining today's call are Frank Sullivan, RPM's Chair and CEO; Rusty Gordon, Vice President and Chief Financial Officer; and Michael Laroche, Vice President, Controller and Chief Accounting Officer. This call is also being webcast and can be accessed live or replayed on the RPM website at www.rpminc.com.

Comments made on this call may include forward-looking statements based on current expectations that involve risks and uncertainties, which could cause actual results to be materially different. For more information on these risks and uncertainties, please review RPM's reports filed with the SEC.

During the conference call, references may be made to non-GAAP financial measures. To assist you in understanding these non-GAAP terms, RPM has posted reconciliations to the most directly comparable GAAP financial measures on the RPM website. Also, please note that our comments will be on an as-adjusted basis, and all comparisons are to the first quarter of fiscal 2024 unless otherwise indicated.

We have provided a supplemental slide presentation to support our comments on this call. It can be accessed in the presentation and webcast section of the RPM website at www.rpminc.com.

Now I would like to turn the call over to Frank.

Frank Sullivan

Thank you, Matt, and thank you to everyone for joining us today. We're hosting this call from our Innovation Center of Excellence in Greensboro, North Carolina. And I want to begin today by sending our sincere sympathy to all of the people in North Carolina and elsewhere who are impacted by Hurricane Helene. The devastation is heartbreaking, and our businesses are contributing to initial response efforts to help bring some sense of normalcy back to people's lives.