consumers that take pride in their homes and families—the very values that Glidden offers to its consumer base.”
l On July 26, RPM, Inc. rang the closing bell on Wall Street and was all smiles thanks to a strong financial results for both its fourth quarter and full fiscal year ended May 31, 2002. Results announced that day included record net income and earnings per share (see p. 14 in this issue for details).
“Looking forward, we remain cautiously optimistic about the company’s near-term outlook, but enthusiastic about our longer-term opportunities,” said RPM chairman and CEO Thomas C. Sullivan. “At present, we anticipate double-digit growth in net earnings next year, with somewhat lower growth in earnings per share as a result of the sale of shares this past March. We expect continuing strong sales from our consumer business, and modestly improv