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%.
Masco Q4 adj EPS $0.83 (+28% YoY); sales $1,882M (-2%); FY2024 guidance $4.00-$4.25
Q4 net sales $1,882M (-2% YoY); adjusted operating profit +16% to $272M; adjusted EPS $0.83 (+28%).
Masco Q3 adjusted EPS $1.00 (+1%), sales down 10%; raises 2023 guidance
Net sales down 10% to $1,979M; adjusted operating margin up 170bps to 17.6%.
Masco appoints Richard Westenberg as CFO effective Oct 16; interim CFO Chaika concludes Oct 15
David Chaika ends interim CFO role Oct 15, 2023; no disagreement with company.
Masco Q2 adjusted EPS $1.19, raises FY guidance to $3.50-$3.65; acquires Sauna360
Adjusted Q2 EPS $1.19, up 3% YoY; adjusted operating margin expanded 140 bps to 19.0%.
Masco Q1 sales down 10% to $1.98B; EPS $0.90; appoints interim CFO
Q1 net sales $1,979M, down 10% YoY; adjusted EPS $0.87 vs $0.97 prior year.
Masco Q4 sales down 5%, adj EPS $0.65; guides FY2023 adj EPS $3.10-$3.40; dividend +2%
Q4 net sales $1,923M (-5% YoY); adjusted EPS $0.65 vs $0.67 prior year.
Masco CFO John G. Sznewajs to retire effective May 31, 2023
CFO John G. Sznewajs notified his retirement on Jan 24, 2023, to pursue another professional opportunity.
Masco Q3 EPS $0.97, sales flat, guidance cut to $3.70-$3.80, new $2B buyback
Net sales $2,204M flat YoY; in local currency +3%.
Masco Q2 sales up 8% to $2,352M; adjusted EPS flat at $1.14; guidance narrowed to $4.15-$4.25
Net sales increased 8% to $2,352M; in local currency, +11%.
Masco Q1 sales up 12% to $2.2B; adjusted EPS $0.95, up 7%; raises FY22 guidance
Net sales of $2,201M (+12% YoY); local-currency sales ex-M&A up 14%.
Masco Q4 sales up 9% to $2,022M; adj EPS $0.67; FY adj EPS $3.70; dividend +19%
Q4 net sales $2,022M (+9% YoY); adjusted operating margin 13.1% vs 16.6% prior year.
Masco Q3 sales up 11% to $2.2B; adj. EPS $0.99; narrows 2021 adj. EPS guidance to $3.67-$3.73
Net sales $2,204M (+11% YoY); operating profit $385M (margin 17.5%, down 390bps).
Masco Q2 sales +24% to $2.18B; adj EPS $1.14 beats; guidance raised
Sales up 24% to $2,179M; adjusted EPS $1.14 (+34% YoY); GAAP EPS $(0.14) from pension settlement.
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.
Mr. David A. Chaika, who was elected as the Interim Chief Financial Officer of the Company effective June 1, 2023, will conclude in such interim role effective October 15, 2023.
On September 21, 2023, the Board of Directors of Masco Corporation (the “Company”) elected Richard Westenberg, 49, as the Company’s Vice President, Chief Financial Officer, effective October 16, 2023.
Masco Corporation (the “Company”) entered into an agreement dated July 7, 2023 with Richard O’Reagan, the Company’s former Group President-Plumbing Products, in connection with his previously announced retirement from the Company on June 30, 2023.
On June 15, 2023, the Company's Board of Directors appointed Mr. Sandeep Reddy as a Class I Director.
Masco Corporation (the “Company”) entered into an agreement dated May 31, 2023 with John G. Sznewajs, the Company’s Vice President, Chief Financial Officer, in connection with his previously announced retirement from the Company on May 31, 2023.
On May 31, 2023, the Company’s Board of Directors appointed Mr. Jonathon Nudi as a Class I Director effective June 1, 2023.
Max materiality 0.80 · Median 0.60 · Most common event earnings