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Masco — Feb 6, 2025 release

Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-25-000003
Open on SEC.gov ↗
Showing in the filing
Sales (adjusted for divestitures and currency)
“approximately flat to up low-single digits”
Period
FY2025
Measure
Company-defined measure
Source
Prose
All guidance in this release · 6
Quarterly dividend for Q1 FY2025
“$0.31 per share, a 7 percent increase, payable on March 10, 2025 to shareholders of record on February 21, 2025”
Quarterly dividend
“$0.31 per share, a 7 percent increase”
Sales (adjusted for divestitures and currency) for FY2025
“approximately flat to up low-single digits”
Adjusted earnings per share for FY2025
“$4.20 to $4.45 per share”
Net income per common share, as adjusted for FY2025
“$ 4.20” – “$ 4.45”
Net income per common share, as adjusted
“$4.20”
Exhibit 99.1 · the passage around this item
… earlier in the release
Our strong cash flow also enabled us to return $1.0 billion to shareholders through dividends and share repurchases.” “In 2025, we believe demand across the global repair and remodel markets will be flat to down low single digits. We expect our sales to be approximately flat to up low-single digits when adjusted for divestitures and currency, as we expect to continue to outperform the market in 2025,” said Allman. “Based on the market outlook, our expected operating performance, and our capital deployment actions, we anticipate full year adjusted earnings per share to be in the range of $4.20 to $4.45 per share. With our industry leading repair and remodel-oriented product portfolio, strong balance sheet, and disciplined capital allocation, we believe Masco is well positioned to continue to deliver long-term shareholder value.” Dividend Declaration Masco’s Board of Directors declared a quarterly dividend of $0.31 per share, payable on March 10, 2025 to shareholders of record on February 21, 2025. About Masco Headquartered in Livonia, Michigan, Masco Corporation is a global leader in the design, manufacture and distribution of branded home improvement and building products. Our portfolio of industry-leading brands includes Behr ® paint; Delta ® and hansgrohe ® faucets, bath and shower fixtures; Liberty ® branded decorative and functional hardware; and HotSpring ® spas. We leverage our powerful brands across product categories, sales channels and geographies to create value fo
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.