secwatch.observer — SEC 8-K summary
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Issuer:     MASCO CORP /DE/ (MAS)
CIK:        0000062996
Form:       8-K
Filed at:   2023-02-09T23:59:59+00:00
Accession:  0000062996-23-000006
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masco Q4 sales down 5%, adj EPS $0.65; guides FY2023 adj EPS $3.10-$3.40; dividend +2%
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- Q4 net sales $1,923M (-5% YoY); adjusted EPS $0.65 vs $0.67 prior year.
- Full-year 2022 adj EPS $3.77 (+2% YoY); returned $1,172M via buybacks/dividends.
- 2023 guidance: adjusted EPS $3.10-$3.40 (implies decline from $3.77); volumes expected down low double-digit.
- Board declares $0.285/share quarterly dividend (+2%); payable March 13, record Feb 23.
- Director Reginald M. Turner to retire May 11, 2023; no disagreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62996/000006299623000006/0000062996-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62996/000006299623000006/mas-20230203.htm
  HTML page:      https://secwatch.observer/filing/0000062996-23-000006

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