secwatch.observer — SEC 8-K summary
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Issuer:     MASCO CORP /DE/ (MAS)
CIK:        0000062996
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0000062996-24-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masco Q1 earnings: Adjusted EPS up 8% to $0.93; sales down 3% to $1.93B
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- Net sales decreased 3% to $1,926M; adjusted operating margin up 90 bps to 16.7%.
- Reported EPS of $0.97; adjusted EPS grew 8% to $0.93 (vs. $0.86 prior year).
- Plumbing Products sales fell 2%, Decorative Architectural down 3%; international sales declined 5%.
- Repurchased 2.1M shares for $148M; returned $212M to shareholders in Q1.
- FY 2024 adjusted EPS guidance reaffirmed at $4.00-$4.25 per share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/62996/000006299624000011/0000062996-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/62996/000006299624000011/mas-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000062996-24-000011

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