Highest-materiality recent filing
Masco Q1 net sales +6% to $1.918B; adj. EPS $1.04 (+20% YoY); guidance reiterated
Net sales $1,918M (+6% reported, +4% local currency); Plumbing Products +9% reported.
Masco Group President Jai Shah to depart July 3, 2026; severance terms set
Jai Shah, Group President of Plumbing and Wellness, will leave Masco on July 3, 2026.
Masco Q4 adj. EPS $0.82 (-8% YoY); guides FY 2026 adj. EPS $4.10-$4.30
Q4 net sales $1,793M (-2% YoY); Plumbing +5%, Decorative Architectural -15%.
Masco Q3 sales down 3%; adj EPS $0.97 (-10% YoY); lowers FY adj EPS guidance to $3.90-$3.95
Net sales $1,917M, down 3%; Plumbing +2%, Decorative Architectural -12%; adjusted operating margin 16.3% (-190 bps).
Masco Q2 adj EPS $1.30 (+8%), op margin 20.1%; restores FY adj guidance $3.90-$4.10
Net sales $2,051M (-2% YoY); in local currency and ex-divestitures flat vs prior year.
Masco Q1 net sales down 6% to $1.8B; EPS $0.87; withdraws FY2025 guidance
Net sales $1,801M (-6% YoY); GAAP and adjusted EPS $0.87 (vs $0.97 and $0.93 last year).
Masco CEO Keith Allman to retire July 2025; Jonathon Nudi named successor
Keith Allman retiring as President and CEO effective July 6, 2025, after 27-year career, including 11 years as CEO.
Masco Q4 adjusted EPS up 7% to $0.89, raises dividend 7% to $0.31, guides 2025 EPS $4.20-$4.45
Q4 net sales $1,828M (-3% YoY); adjusted operating margin up 140bps to 15.9%; adjusted EPS $0.89 (+7%).
Masco Q3 adjusted EPS up 8% to $1.08; narrows FY2024 adjusted EPS guidance to $4.05-$4.15
Net sales flat at $1,983M; Plumbing +2%, Decorative Architectural -3%.
Masco Q2 adj. EPS $1.20, revenue $2,091M; tightens FY2024 guidance range
Net sales fell 2% to $2,091M; adjusted EPS rose 1% to $1.20 from $1.19 YoY.
Masco Q1 earnings: Adjusted EPS up 8% to $0.93; sales down 3% to $1.93B
Net sales decreased 3% to $1,926M; adjusted operating margin up 90 bps to 16.7%.
Mr. Keith J. Allman is retiring from his position as the Company’s President and Chief Executive Officer effective as of July 6, 2025.
The Board of Directors has elected Mr. Jonathon J. Nudi, 54, as President and Chief Executive Officer of the Company effective as of July 7, 2025.
On February 26, 2025, the Board of Directors of Masco Corporation (the “Company”) elected Heath M. Eisman, 50, as the Company’s Vice President, Controller and Chief Accounting Officer, effective February 27, 2025.
Mr. Donald R. Parfet announced his intention to retire from the Company’s Board of Directors and not stand for re-election at the Company’s 2025 Annual Meeting of Stockholders on May 9, 2025.
On January 31, 2025, Bonnie S. Van Etten, Vice President, Controller and Chief Accounting Officer, notified the Company of her intent to conclude service with the Company in early March of 2025.
On June 7, 2024, the Board of Directors of Masco Corporation (the “Company”) elected Bonnie Van Etten, 48, as the Company’s Vice President, Controller and Chief Accounting Officer, effective June 17, 2024.
Max materiality 0.80 · Median 0.55 · Most common event earnings