Masco raises 2026 adjusted EPS guidance to $4.40-$4.60 as Q2 sales fall 3%
Masco reported second quarter 2026 net sales down 3% to $1,992 million, while reported earnings per share rose 25% to $1.60. The company raised its 2026 adjusted EPS guidance to $4.40-$4.60 from $4.10-$4.30, citing an anticipated full-year net benefit of about $85 million from IEEPA tariff refunds, so shareholders should note that part of the profit gain comes from this one-time item rather than sales growth.
Key points
- Net sales decreased 3% to $1,992 million; North American sales fell 5% in local currency while International sales rose 4%.
- Reported EPS rose 25% to $1.60; adjusted EPS rose 26% to $1.64, including a net benefit of about $95 million from IEEPA tariff refunds in the quarter.
- 2026 adjusted EPS guidance raised to $4.40-$4.60 from $4.10-$4.30 per share.
- Returned $454 million to shareholders through dividends and share repurchases in the quarter.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.