Masco reports higher profit and raises 2026 adjusted EPS guidance
Filed with the SEC on · Summarized by InvestorsBot
Masco’s second-quarter net sales fell 3% to $1.992 billion, but operating profit rose 14% to $470 million and adjusted EPS increased 26% to $1.64, helped in part by an approximately $95 million net benefit from IEEPA tariff refunds. The company returned $454 million to shareholders through dividends and share repurchases and raised its 2026 adjusted EPS guidance to $4.40–$4.60 from $4.10–$4.30, while forecasting reported EPS of $4.21–$4.41.