Masco Earnings: Near-Term Demand Remains Soft, but Long-Term Outlook Holds
Masco reported a 3% decline in second-quarter revenue, as plumbing sales fell 3% and decorative architectural sales declined 4%. Management reinstated its 2026 revenue guidance, forecasting a low-single-digit increase, and raised adjusted EPS guidance by 7% at the midpoint to $4.40-$4.60 per share.