Masco reports Q2 2026 earnings with net sales down 3%
Operating profit margin rose to 23.6%, adjusted EPS grew 26% to $1.64, and the company raised full-year guidance.
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Designer, manufacturer, and distributor of home improvement and building products
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In short: Masco appointed Brad Hiranaga as Chief Marketing Officer and announced a strategic vision targeting 3-4% organic growth through 2028.
Operating profit margin rose to 23.6%, adjusted EPS grew 26% to $1.64, and the company raised full-year guidance.
The new role aligns marketing, commercial excellence, digital and customer capabilities to drive growth.
CEO Jon Nudi and CFO Rick Westenberg outlined growth priorities, including 3-4% annual organic sales growth and 18% adjusted operating margin target by 2028.
Agreement with Royal Bank of Canada repurchases approximately 3.3 million shares initially, part of $2 billion authorization. Completion expected by July 27, 2026.
Evercore ISI downgrades Masco (MAS) after earnings, citing plumbing weakness and 2H headwinds.
MAS' Q2 earnings and margins surge on pricing, cost savings and tariff refunds, but lower sales and...
HVAC stocks slide after earnings flag slowing profit growth, shrinking margins and cautious outlooks.
Masco raised its full-year adjusted earnings guidance to $4.40 to $4.60 a share from its prior outlook of $4.10 to $4.30 a share, citing the...
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