Recent Updates — MAS
Masco Corporation reported second quarter 2026 financial results, with net sales decreasing 3 percent to $1,992 million. Earnings per share were $1.60 on a reported basis and $1.64 as adjusted, representing a 26 percent increase from the prior year period. The company recognized approximately $95 million in IEEPA tariff refunds during the quarter, which contributed to an adjusted operating profit of $482 million. Management raised its full-year 2026 adjusted earnings per share guidance to a range of $4.40 to $4.60, up from the previous outlook of $4.10 to $4.30, citing anticipated annual tariff benefits of roughly $85 million. The company returned $454 million to shareholders through a combination of dividends and share repurchases in the quarter. Masco Corporation operates as a global manufacturer of branded home improvement and building products.