Core Insights - Behr Paint Company has announced Cedar as the 2025 Exterior Stain Colour of the Year, reflecting a trend where 76% of Canadian homeowners plan to undertake exterior renovations in 2025 [1] - A significant 66% of homeowners prefer updating their home's exterior rather than selling it this year, indicating a shift towards home improvement [1] Company Overview - Behr Paint Company, founded in 1947, is a leading manufacturer of paints, primers, and stains in North America, dedicated to meeting the needs of DIYers and professionals [5] - The company offers a variety of products, including BEHR PREMIUM® Solid Colour Waterproofing Exterior Stain and BEHR® DECKPLUS®, exclusively available at The Home Depot Canada [4] Market Trends - The launch of Cedar coincides with a growing consumer preference for natural, earthy tones in home design, as 78% of homeowners are open to painting their home's exterior a different color [2] - Nearly half (48%) of homeowners feel overwhelmed by the factors involved in choosing exterior paint, prompting Behr to curate a collection of 45 trending colors to simplify the selection process [2] Product Offerings - The Curb Appeal Collection features four sub-palettes designed to cater to different design styles: Classic Haven, Modern Escape, Casual Oasis, and Artisan Retreat, each offering a unique aesthetic for homeowners [5] - Cedar's warm and earthy light golden-brown tone is designed to complement various architectural styles, enhancing the natural beauty of wood surfaces [3]

Core Insights - Behr Paint Company has announced Cedar as its 2025 Exterior Stain Color of the Year, reflecting a trend towards natural, earthy tones among homeowners [1][2][4] - A significant 82% of homeowners are opting to enhance their current homes rather than purchasing new ones, indicating a strong market for home improvement products [1][4] Company Initiatives - The company is launching its second annual Curb Appeal Collection, featuring 45 exterior paint shades that cater to various design preferences, from earthy tones to vibrant colors [2][3][4] - Behr aims to simplify the color selection process for homeowners, addressing the concern that 51% find too many factors complicate their exterior paint choices [4] Product Details - Cedar is described as a warm, light golden-brown that enhances the natural beauty of wood and complements various architectural styles [5] - The Curb Appeal Collection includes four sub-palettes: Classic Haven, Modern Escape, Casual Oasis, and Artisan Retreat, each designed to evoke different atmospheres and aesthetics [6] Market Research - A study commissioned by Behr revealed that 71% of U.S. homeowners plan to update their home exteriors with stain, and 81% with paint in 2025 [1][9] - The survey included 1,000 American homeowners, balanced across demographics, with a margin of error of +/- 3 percentage points [9]

Core Insights - Behr Paint Company has announced Cedar as the 2025 Exterior Stain Colour of the Year, reflecting a trend where 76% of Canadian homeowners plan to undertake exterior renovations in 2025 [1] - A significant 66% of homeowners prefer updating their home's exterior rather than selling, indicating a shift towards home improvement [1] Company Overview - Behr Paint Company, founded in 1947, is a leading manufacturer of paints and related products in North America, known for brands like BEHR®, KILZ®, and WHIZZ® [5] - The company emphasizes quality, innovation, and value in its offerings, catering to both DIYers and professional contractors [6] Product Launch and Features - The 2025 Exterior Stain Colour of the Year, Cedar, is described as a warm, earthy light golden-brown that enhances the natural beauty of wood [3] - Behr is also launching its second annual Curb Appeal Collection, which includes 45 curated exterior paint colors to simplify the selection process for homeowners [2] - The Curb Appeal Collection features four sub-palettes: Classic Haven, Modern Escape, Casual Oasis, and Artisan Retreat, each designed to cater to different design styles and preferences [5] Market Trends - The study indicates that 78% of homeowners are open to painting their home's exterior a different color, but 48% feel overwhelmed by the choices available [2] - The trend towards natural, earthy tones in home design is growing, with Cedar embodying this consumer preference [2][3]

Core Viewpoint - Masco Corporation's fourth-quarter 2024 earnings exceeded expectations while net sales fell short of consensus estimates, reflecting challenges in sales volume and pricing in certain segments [1][4][12]. Financial Performance - Adjusted earnings per share (EPS) for the quarter were 89 cents, surpassing the Zacks Consensus Estimate of 88 cents, and increased from 83 cents in the prior year [4]. - Net sales totaled $1.83 billion, slightly missing the consensus mark of $1.84 billion and declining 3% year over year; however, excluding divestitures, net sales rose 1% in local currency [4][12]. - For the full year, net sales were reported at $7.83 billion, down 2% year over year, with North American sales declining 2% and international sales remaining flat [12]. Segment Analysis - Plumbing Products segment saw net sales decline 1% year over year to $1.19 billion, with North American sales down 2% and international sales up 2% in local currency [6]. - Decorative Architectural Products segment reported sales of $639 million, down 6% from the prior year, but increased 5% in local currency when excluding divestitures [8]. Margin and Cost Management - Adjusted operating margin improved by 40 basis points year over year to 16.8%, driven by cost savings initiatives and lower expenses, despite challenges from unfavorable volume mix and higher commodity costs [7]. - Adjusted gross margin contracted 30 basis points to 34.8%, while adjusted selling, general and administrative expenses as a percentage of net sales decreased by 170 basis points to 18.9% [10]. Shareholder Returns and Capital Deployment - The company returned $331 million to shareholders through dividends and share repurchases during the quarter [3]. - In 2024, Masco repurchased 10 million shares for approximately $757 million and announced a 7% increase in its quarterly dividend payment to 31 cents per share for Q1 2025 [15]. Future Guidance - For 2025, Masco expects adjusted EPS to range between $4.20 and $4.45, with net sales anticipated to be flat to up low-single digits when adjusted for divestitures and currency [16]. - The company projects demand in the global repair and remodel markets to be flat to down low single digits year over year [16].

Masco Corporation (NYSE:MAS) Q4 2024 Results Conference Call February 11, 2025 8:00 AM ET Company Participants Robin Zondervan - Vice President, Investor Relations, FP&A of Masco Corp Rick Westenberg - Vice President, Chief Financial Officer Keith Allman - President, Chief Executive Officer Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Anthony Pettinari - Citi Sam Reid - Wells Fargo Matthew Bouley - Barclays Trevor Allinson - Wolfe Research Susan Maklari - Goldman Sachs Adam Bau ...

For the quarter ended December 2024, Masco (MAS) reported revenue of $1.83 billion, down 2.9% over the same period last year. EPS came in at $0.89, compared to $0.83 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.84 billion, representing a surprise of -0.65%. The company delivered an EPS surprise of +1.14%, with the consensus EPS estimate being $0.88.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Masco (MAS) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.14%. A quarter ago, it was expected that this maker of Behr paint, Delta faucets and other building products would post earnings of $1.08 per share when it actually produced earnings of $1.08, delivering no surprise.Over th ...

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, 2024 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. Employer Identifi ...

Exhibit 99 MASCO CORPORATION REPORTS FOURTH QUARTER AND 2024 YEAR-END RESULTS • Fourth Quarter Highlights • Full Year Highlights • Outlook for 2025 and Dividend Declaration LIVONIA, Mich. (February 11, 2025) - Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its fourth quarter and full-year 2024 results. 2024 Fourth Quarter Results 1 • Net sales decreased 3 percent to $1,828 million • Operating profit margin increased 280 bas ...

Masco Corporation (MAS) is scheduled to report fourth-quarter 2024 results on Feb. 11, before the opening bell.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.In the last reported quarter, the company’s adjusted earnings met the Zacks Consensus Estimate while the net sales marginally topped the same by 0.1%. On a year-over-year basis, both the metrics grew 8% and 0.2%, respectively.Masco’s earnings topped the consensus mark in three of the last four quarters and met on the remaining o ...