Masco Corporation (MAS)
The company now
Masco reported third-quarter 2026 net sales of $1,966 million on 28 October, up 3 percent from a year earlier 1. Operating profit rose 12 percent to $338 million, and earnings per share were $1.17 against $0.90 1.
Gross margin, the share of sales left after production costs, widened to 36.6 percent from 34.2 percent 1. The company raised its adjusted earnings per share outlook for 2026 to $4.65 to $4.75, from $4.40 to $4.60 1. Chief executive Jon Nudi said the company expects the demand environment to stay challenged in the near term 1.
During the quarter Masco completed the sale of Bristan, a United Kingdom maker of faucets and showers, for £49 million ($65 million) net of cash disposed 2. Masco also began receiving refunds of tariffs the U.S. Supreme Court ruled unlawful, which lowered plumbing tariff costs 2.
As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.