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Keeley Funds Comments on RPM International

- By Holly LaFon

RPM International (RPM - $58.04 - NYSE) (NYSE:RPM) is a leading manufacturer of high-performance coatings, sealants, and specialty chemicals. Shares fell in the quarter after it released its November quarter results. Earnings were disappointing due to a combination of higher raw materials costs and wet weather. RPM is in the midst of a substantial restructuring program and the recent results have been uneven. At the beginning of April, however, the company reported better February quarter results which were well received. ese results showed the beginnings of the bene ts from its cost-cutting and price improvement efforts.

From Keeley Funds' first-quarter 2019 Keeley Mid-Cap Dividend Value Fund commentary.

This article first appeared on GuruFocus.