---
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"
generated_at: "2026-06-13T01:14:57.718972+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Masco Q2 adjusted EPS $1.19, raises FY guidance to $3.50-$3.65; acquires Sauna360

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000062996-23-000031
- JSON: https://secwatch.observer/filing/0000062996-23-000031.json
- Plain text: https://secwatch.observer/filing/0000062996-23-000031.txt

## Key facts
- Earnings Releases
  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.
  - Period: Full year 2023
  - EPS: $3.48 – $3.63 per share (reported), $3.50 – $3.65 per share (adjusted)
  - Guidance: raised
  - Result: guidance update
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/62996/000006299623000031/0000062996-23-000031-index.htm
- Earnings Releases
  MASCO CORP /DE/ reported Second quarter 2023 results: revenue $2,127 million, EPS $1.16 per share.
  - Period: Second quarter 2023
  - Revenue: $2,127 million
  - EPS: $1.16 per share
  - Result: reported results
  source text: • 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_url: https://www.sec.gov/Archives/edgar/data/62996/000006299623000031/0000062996-23-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.