Masco Corporation (MAS) reported mixed results for first-quarter 2024, wherein earnings surpassed the Zacks Consensus Estimate but net sales lagged the same.On a year-over-year basis earnings increased despite net sales decline. Strong operational efficiency helped it deliver solid earnings. Masco’s focus on a balanced capital deployment strategy helped it return $212 million to shareholders via dividends and share repurchases.Shares of Masco lost 2.3% in the pre-market trading session on Apr 24.Inside the ...

Quarter Highlights • In local currency, international sales decreased 5% | --- | --- | |---------------------------------|----------------------| | ($ in Millions) | First Quarter 2024 | | Revenue Y-O-Y Change | $1,926 (3%) | | Operating Profit* Y-O-Y Change | $322 $10 | | Operating Margin* Y-O-Y Change | 16.7% 90 bps | | | | | EPS* Y-O-Y Change | $0.93 8% | • In local currency, North American sales decreased 1%, or 4% excluding acquisitions • Operating profit increase driven by cost savings initiatives and ...

Masco (MAS) reported $1.93 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 2.7%. EPS of $0.93 for the same period compares to $0.87 a year ago.The reported revenue represents a surprise of -1.08% over the Zacks Consensus Estimate of $1.95 billion. With the consensus EPS estimate being $0.87, the EPS surprise was +6.90%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectati ...

Keith Allman Yes. Good question, Stephen. The specific initiative -- they cover -- I'm hesitating just because the team is doing such a good job across multiple fronts and it's not just in North America, it's also International with Hansgrohe and across our Plumbing platform. But there's a bucket of initiatives in our pipeline around purchasing and how we buy and who we buy from and how we can coordinate and consolidate our buy, and that's certainly been beneficial. Value engineering, where we're looking at ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or Masco Corporation (Exact name of Registrant as Specified in its Charter) Delaware 38-1794485 (I.R.S. Employer Identification No.) (State or Other Jurisdiction of Incorporation or Organization) 17450 College Parkway, Livonia, Michigan 48152 (Address of Principal Executive Offices) (Zip Code) ...

Exhibit 99 MASCO CORPORATION REPORTS FIRST QUARTER 2024 RESULTS Highlights LIVONIA, Mich. (April 24, 2024) - Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its first quarter 2024 results. 2024 First Quarter Results "We delivered another quarter of strong results," said Masco President and CEO, Keith Allman. "We expanded adjusted operating profit margin by 90 basis points and grew adjusted earnings per share by 8 percent thr ...

Masco Corporation (MAS) is slated to report first-quarter 2024 results on Apr 24, before the opening bell.In the last reported quarter, the company’s earnings beat the Zacks Consensus Estimate by 25.8% and rose 27.7% year over year. Net sales beat the consensus mark by 6% but declined 2% year over year.Masco’s earnings topped the consensus mark in the last four quarters, with the average surprise being 23.4%.The Trend in Estimate RevisionThe Zacks Consensus Estimate for Masco’s first-quarter earnings per sh ...

TORONTO, April 16, 2024 (GLOBE NEWSWIRE) -- Today, Behr Paint Company debuts its 2024 Exterior Stain Colour of the Year: Tugboat, a delicate blend of brown and grey tones offering a timeless finish with a charming nautical appeal suited to ease into any design style. The versatile stain colour enhances the natural beauty of wood grain, while providing protection on exterior surfaces that will not only elevate the aesthetic of outdoor spaces but stand the test of time. "Our 2024 Exterior Stain Colour of the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 1-5794 Masco Corporation Delaware 38-1794485 (I.R.S. Employer Identification No.) (State or Other Jurisdiction of Incorporati ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 1-5794 Masco Corporation (Exact name of Registrant as Specified in its Charter) Delaware 38-1794485 (I.R.S. Employ ...