{"schema_version":"secwatch.filing_event.v1","accession":"0000062996-23-000031","form_type":"8-K","ticker":"MAS","cik":"0000062996","company_name":"MASCO CORP /DE/","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.405564+00:00","generated_at":"2026-06-13T01:14:57.718972+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Masco Q2 adjusted EPS $1.19, raises FY guidance to $3.50-$3.65; acquires Sauna360","bullets":["Adjusted Q2 EPS $1.19, up 3% YoY; adjusted operating margin expanded 140 bps to 19.0%.","Net sales $2,127M, down 10% YoY (9% local currency); gross margin improved 350 bps to 36.2%.","Raised FY2023 adjusted EPS guidance to $3.50-$3.65 from prior $3.10-$3.40.","Agreed to acquire Sauna360 Group Oy, adding sauna/wellness brands; expected close Q3 subject to regulatory approval.","Quarterly dividend $0.285/share declared, payable Aug 28, record Aug 11."],"urls":{"canonical":"https://secwatch.observer/filing/0000062996-23-000031","json":"https://secwatch.observer/filing/0000062996-23-000031.json","markdown":"https://secwatch.observer/filing/0000062996-23-000031.md","text":"https://secwatch.observer/filing/0000062996-23-000031.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/62996/000006299623000031/0000062996-23-000031-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/62996/000006299623000031/mas-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:14:57.718972+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"685a60f44843071356129e114d933465d8977caf","claim":"MASCO CORP /DE/ reported Full year 2023 results: EPS $3.48 – $3.63 per share (reported), $3.50 – $3.65 per share (adjusted). Guidance raised.","evidence_excerpt":"Raising expected 2023 earnings per share to be in the range of $3.48 – $3.63 per share, and on an adjusted basis, $3.50 – $3.65 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/62996/000006299623000031/0000062996-23-000031-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full year 2023"},{"label":"EPS","value":"$3.48 – $3.63 per share (reported), $3.50 – $3.65 per share (adjusted)"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"c8a70e9dba4743c9307a4374fc937dd34fbf389f","claim":"MASCO CORP /DE/ reported Second quarter 2023 results: revenue $2,127 million, EPS $1.16 per share.","evidence_excerpt":"• On a reported basis, compared to second quarter 2022: • Net sales decreased 10 percent to $2,127 million; in local currency, net sales decreased 9 percent • In local currency, North American sales decreased 10 percent and international sales decreased 8 percent • Gross margin increased 350 basis points to 36.2 percent from 32.7 percent • Operating profit decreased 1 percent to $403 million from $408 million • Operating margin increased 160 basis points to 18.9 percent from 17.3 percent • Net income decreased to $1.16 per share, compared to $1.18 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/62996/000006299623000031/0000062996-23-000031-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Second quarter 2023"},{"label":"Revenue","value":"$2,127 million"},{"label":"EPS","value":"$1.16 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}