secwatch.observer — SEC 8-K summary
======================================

Issuer:     MASCO CORP /DE/ (MAS)
CIK:        0000062996
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0000062996-21-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masco Q3 sales up 11% to $2.2B; adj. EPS $0.99; narrows 2021 adj. EPS guidance to $3.67-$3.73
--------------------------------------------------------------------------------

- Net sales $2,204M (+11% YoY); operating profit $385M (margin 17.5%, down 390bps).
- GAAP EPS from cont. ops $0.89; adjusted EPS $0.99 (down from $1.06 in Q3 2020).
- Plumbing Products sales +16% (org +13%); Decorative Architectural +4% (+3% organic).
- 2021 adjusted EPS guidance narrowed to $3.67-$3.73 from $3.65-$3.75; midpoint $3.70 unchanged.
- Quarterly dividend of $0.235/share declared, payable Nov 29 to holders of record Nov 12.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62996/000006299621000029/0000062996-21-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62996/000006299621000029/mas-20211027.htm
  HTML page:      https://secwatch.observer/filing/0000062996-21-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer