Masco — Jul 29, 2026 release
Fiscal 2026 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000062996-26-000026
Showing in the filing
Anticipated full year net benefit from IEEPA tariff refunds
“approximately $85 million”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 8
Earnings per share for FY2026
“$4.21 - $4.41 per share”
Adjusted earnings per share for FY2026
“$4.40 - $4.60 per share”
Anticipated full year net benefit from IEEPA… for FY2026
“approximately $85 million”
Net income per common share for FY2026
“$4.21” – “$4.41”
Net income per common share
“$4.21”
Rationalization charges
“0.19”
Net income per common share, as adjusted for FY2026
“$4.40” – “$4.60”
Net income per common share, as adjusted
“$4.40”
Exhibit 99.1 · the passage around this item
… earlier in the release
We also returned $454 million to shareholders through dividends and share repurchases, reflecting our continued commitment to a disciplined capital allocation strategy.” “While our underlying performance remains largely in line with our prior outlook, the anticipated full year net benefit from IEEPA tariff refunds of approximately $85 million has led us to increase our 2026 adjusted earnings per share guidance. We now expect adjusted earnings per share to be in the range of $4.40 to $4.60, compared to our previous guidance range of $4.10 to $4.30 per share,” continued Nudi. “Looking ahead, I am confident in our ability to navigate this dynamic market environment and execute our strategy to deliver above-market growth and continue creating long-term shareholder value.” 1 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 for our customers and shareholders. For more information about Masco Corporation, visit www.masco.com. The 2026 second quarter supplemental material, including a presentation in PDF format, is available on the Company’s website at www.masco.com. Conference Call Details A confer
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.