Company Overview - Masco (MAS) shares increased by 8.6% to close at $63.77, following President Trump's announcement to suspend U.S. tariffs for 90 days, which renewed investor optimism [1] - The stock had previously experienced a 17.7% loss over the past four weeks [1] Earnings Expectations - Masco is expected to report quarterly earnings of $0.93 per share, unchanged from the same quarter last year [2] - Revenue is projected to be $1.84 billion, reflecting a 4.5% decrease from the year-ago quarter [2] Earnings Estimate Revisions - The consensus EPS estimate for Masco has been revised marginally higher over the last 30 days, indicating a positive trend that typically correlates with price appreciation [4] - The stock currently holds a Zacks Rank of 3 (Hold) [4] Industry Context - Masco is part of the Zacks Building Products - Miscellaneous industry, which includes Gibraltar Industries (ROCK) [4] - Gibraltar Industries closed the last trading session up 9.8% at $56.40, but has returned -22% over the past month [4][5] - Gibraltar's consensus EPS estimate remains unchanged at $0.86, representing a 7.5% increase from the previous year [5]

Core Insights - Behr Paint Company has announced Cedar as the 2025 Exterior Stain Colour of the Year, reflecting a trend where 76% of Canadian homeowners plan to undertake exterior renovations in 2025 [1] - A significant 66% of homeowners prefer updating their home's exterior rather than selling it this year, indicating a shift towards home improvement [1] Company Overview - Behr Paint Company, founded in 1947, is a leading manufacturer of paints, primers, and stains in North America, dedicated to meeting the needs of DIYers and professionals [5] - The company offers a variety of products, including BEHR PREMIUM® Solid Colour Waterproofing Exterior Stain and BEHR® DECKPLUS®, exclusively available at The Home Depot Canada [4] Market Trends - The launch of Cedar coincides with a growing consumer preference for natural, earthy tones in home design, as 78% of homeowners are open to painting their home's exterior a different color [2] - Nearly half (48%) of homeowners feel overwhelmed by the factors involved in choosing exterior paint, prompting Behr to curate a collection of 45 trending colors to simplify the selection process [2] Product Offerings - The Curb Appeal Collection features four sub-palettes designed to cater to different design styles: Classic Haven, Modern Escape, Casual Oasis, and Artisan Retreat, each offering a unique aesthetic for homeowners [5] - Cedar's warm and earthy light golden-brown tone is designed to complement various architectural styles, enhancing the natural beauty of wood surfaces [3]

Core Insights - Behr Paint Company has announced Cedar as its 2025 Exterior Stain Color of the Year, reflecting a trend towards natural, earthy tones among homeowners [1][2][4] - A significant 82% of homeowners are opting to enhance their current homes rather than purchasing new ones, indicating a strong market for home improvement products [1][4] Company Initiatives - The company is launching its second annual Curb Appeal Collection, featuring 45 exterior paint shades that cater to various design preferences, from earthy tones to vibrant colors [2][3][4] - Behr aims to simplify the color selection process for homeowners, addressing the concern that 51% find too many factors complicate their exterior paint choices [4] Product Details - Cedar is described as a warm, light golden-brown that enhances the natural beauty of wood and complements various architectural styles [5] - The Curb Appeal Collection includes four sub-palettes: Classic Haven, Modern Escape, Casual Oasis, and Artisan Retreat, each designed to evoke different atmospheres and aesthetics [6] Market Research - A study commissioned by Behr revealed that 71% of U.S. homeowners plan to update their home exteriors with stain, and 81% with paint in 2025 [1][9] - The survey included 1,000 American homeowners, balanced across demographics, with a margin of error of +/- 3 percentage points [9]

Core Insights - Behr Paint Company has announced Cedar as the 2025 Exterior Stain Colour of the Year, reflecting a trend where 76% of Canadian homeowners plan to undertake exterior renovations in 2025 [1] - A significant 66% of homeowners prefer updating their home's exterior rather than selling, indicating a shift towards home improvement [1] Company Overview - Behr Paint Company, founded in 1947, is a leading manufacturer of paints and related products in North America, known for brands like BEHR®, KILZ®, and WHIZZ® [5] - The company emphasizes quality, innovation, and value in its offerings, catering to both DIYers and professional contractors [6] Product Launch and Features - The 2025 Exterior Stain Colour of the Year, Cedar, is described as a warm, earthy light golden-brown that enhances the natural beauty of wood [3] - Behr is also launching its second annual Curb Appeal Collection, which includes 45 curated exterior paint colors to simplify the selection process for homeowners [2] - The Curb Appeal Collection features four sub-palettes: Classic Haven, Modern Escape, Casual Oasis, and Artisan Retreat, each designed to cater to different design styles and preferences [5] Market Trends - The study indicates that 78% of homeowners are open to painting their home's exterior a different color, but 48% feel overwhelmed by the choices available [2] - The trend towards natural, earthy tones in home design is growing, with Cedar embodying this consumer preference [2][3]

Core Viewpoint - Masco Corporation's fourth-quarter 2024 earnings exceeded expectations while net sales fell short of consensus estimates, reflecting challenges in sales volume and pricing in certain segments [1][4][12]. Financial Performance - Adjusted earnings per share (EPS) for the quarter were 89 cents, surpassing the Zacks Consensus Estimate of 88 cents, and increased from 83 cents in the prior year [4]. - Net sales totaled $1.83 billion, slightly missing the consensus mark of $1.84 billion and declining 3% year over year; however, excluding divestitures, net sales rose 1% in local currency [4][12]. - For the full year, net sales were reported at $7.83 billion, down 2% year over year, with North American sales declining 2% and international sales remaining flat [12]. Segment Analysis - Plumbing Products segment saw net sales decline 1% year over year to $1.19 billion, with North American sales down 2% and international sales up 2% in local currency [6]. - Decorative Architectural Products segment reported sales of $639 million, down 6% from the prior year, but increased 5% in local currency when excluding divestitures [8]. Margin and Cost Management - Adjusted operating margin improved by 40 basis points year over year to 16.8%, driven by cost savings initiatives and lower expenses, despite challenges from unfavorable volume mix and higher commodity costs [7]. - Adjusted gross margin contracted 30 basis points to 34.8%, while adjusted selling, general and administrative expenses as a percentage of net sales decreased by 170 basis points to 18.9% [10]. Shareholder Returns and Capital Deployment - The company returned $331 million to shareholders through dividends and share repurchases during the quarter [3]. - In 2024, Masco repurchased 10 million shares for approximately $757 million and announced a 7% increase in its quarterly dividend payment to 31 cents per share for Q1 2025 [15]. Future Guidance - For 2025, Masco expects adjusted EPS to range between $4.20 and $4.45, with net sales anticipated to be flat to up low-single digits when adjusted for divestitures and currency [16]. - The company projects demand in the global repair and remodel markets to be flat to down low single digits year over year [16].

Masco Corporation (NYSE:MAS) Q4 2024 Results Conference Call February 11, 2025 8:00 AM ET Company Participants Robin Zondervan - Vice President, Investor Relations, FP&A of Masco Corp Rick Westenberg - Vice President, Chief Financial Officer Keith Allman - President, Chief Executive Officer Conference Call Participants Stephen Kim - Evercore ISI John Lovallo - UBS Anthony Pettinari - Citi Sam Reid - Wells Fargo Matthew Bouley - Barclays Trevor Allinson - Wolfe Research Susan Maklari - Goldman Sachs Adam Bau ...

For the quarter ended December 2024, Masco (MAS) reported revenue of $1.83 billion, down 2.9% over the same period last year. EPS came in at $0.89, compared to $0.83 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.84 billion, representing a surprise of -0.65%. The company delivered an EPS surprise of +1.14%, with the consensus EPS estimate being $0.88.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Masco (MAS) came out with quarterly earnings of $0.89 per share, beating the Zacks Consensus Estimate of $0.88 per share. This compares to earnings of $0.83 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.14%. A quarter ago, it was expected that this maker of Behr paint, Delta faucets and other building products would post earnings of $1.08 per share when it actually produced earnings of $1.08, delivering no surprise.Over th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number: 1-5794 Masco Corporation (Exact name of Registrant as Specified in its Charter) Delaware 38-1794485 (I.R.S. Employer Identifi ...

Exhibit 99 MASCO CORPORATION REPORTS FOURTH QUARTER AND 2024 YEAR-END RESULTS • Fourth Quarter Highlights • Full Year Highlights • Outlook for 2025 and Dividend Declaration LIVONIA, Mich. (February 11, 2025) - Masco Corporation (NYSE: MAS), one of the world's leading manufacturers of branded home improvement and building products, reported its fourth quarter and full-year 2024 results. 2024 Fourth Quarter Results 1 • Net sales decreased 3 percent to $1,828 million • Operating profit margin increased 280 bas ...