Masco — Apr 22, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-26-000013
Showing in the filing
Adjusted earnings per share
“$4.10 - $4.30 per share”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 7
Earnings per share for FY2026
“$3.91 - $4.11 per share”
Net income per common share for FY2026
“$3.91 - $4.11”
Adjusted earnings per share for FY2026
“$4.10 - $4.30 per share”
Net income per common share, as adjusted for FY2026
“$4.10 - $4.30”
Net income per common share
“$3.91”
Rationalization charges
“0.19”
Net income per common share, as adjusted
“$4.10”
Exhibit 99.1 · the passage around this item
… earlier in the release
d earnings per share grew 20 percent to $1.04 per share • Repurchased 3.1 million shares for $202 million • Maintaining 2026 earnings per share guidance in the range of $3.91 - $4.11 per share, and on an adjusted basis, $4.10 - $4.30 per share LIVONIA, Mich. (April 22, 2026) - Masco Corporation (NYSE: MAS), one of the world’s leading manufacturers of branded home improvement and building products, reported its first quarter 2026 results. 2026 First Quarter Results • On a reported basis, compared to the first quarter 2025: • Net sales increased 6 percent to $1,918 million; net sales increased 4 percent in local currency ◦ Plumbing Products’ net sales increased 9 percent; in local currency net sales increased 7 percent ◦ Decorative Architectural Products’ net sales were in line with prior year ◦ In local currency, North American sales increased 5 percent and International sales increased 1 percent • Gross margin was in line with the prior year at 35.8 percent • Operating profit increased 10 percent to $316 million from $286 million • Operating margin increased 60 basis points to 16.5 percent from 15.9 percent • Net income increased 21 percent to $1.05 per share, compared to $0.87 per share • Compared to the first quarter 2025, results for key financial measures, as adjusted for certain items (see Exhibit A) and applying a normalized tax rate of 24.5 percent, were as follows: • Gross margin increased 10 basis points to 36.
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.