MASCO CORP /DE/ 8K

Masco Corporation announced stronger year-over-year profitability in Q2 2026 driven by margin expansion and IEEPA tariff refunds, increased its 2026 adjusted EPS guidance, and noted substantial capital returns to shareholders despite a 3% sales decline.

Masco Corporation reported its second quarter 2026 results, showing a 3% decline in net sales to $1,992 million but significantly improved profitability, with gross margin expanding 600 bps to 43.6%, operating profit up 14% to $470 million (operating margin 23.6%), and diluted EPS rising 25% to $1.60 (adjusted EPS up 26% to $1.64), aided by an approximate $95 million net benefit from IEEPA tariff refunds; the company highlighted strong liquidity of $1,548 million, returned $454 million to shareholders via dividends and buybacks, and raised its full-year 2026 adjusted EPS guidance to a range of $4.40–$4.60 from $4.10–$4.30, while reiterating its outlook and discussing exposure to macroeconomic, geopolitical, and industry-related risks.

Filing Facts

CIK

62996

Ticker

-

Form

8K

Source Type

sec

Accession

0000062996-26-000026

Alert Tier

7