secwatch.observer — SEC 8-K summary
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Issuer:     MASCO CORP /DE/ (MAS)
CIK:        0000062996
Form:       8-K
Filed at:   2022-07-28T23:59:59+00:00
Accession:  0000062996-22-000033
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masco Q2 sales up 8% to $2,352M; adjusted EPS flat at $1.14; guidance narrowed to $4.15-$4.25
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- Net sales increased 8% to $2,352M; in local currency, +11%.
- Gross margin fell 360 bps to 32.7%; adjusted operating margin 17.6%.
- Adjusted EPS of $1.14 matched prior year; reported EPS $1.18 vs $(0.14).
- Guidance narrowed: FY22 adjusted EPS $4.15-$4.25 (prior $4.15-$4.35).
- Repurchased 10.4M shares for $550M; quarterly dividend $0.28 declared.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62996/000006299622000033/0000062996-22-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62996/000006299622000033/mas-20220728.htm
  HTML page:      https://secwatch.observer/filing/0000062996-22-000033

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