Masco Q2 FY26 net income rises 18% to $318 million; net sales fall 3% to $1.99 billion

Reuters2026/07/29 11:05

By:Reuters

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Masco posted Q2 net income of USD 318 million, up 18% year over year, as operating profit climbed 14% to USD 470 million.
Net sales fell 3% to USD 1.99 billion, while gross margin widened 6 percentage points to 43.6%.
Results included an approximately USD 95 million net tariff benefit from IEEPA tariff refunds, principally in Plumbing Products.
Masco repurchased USD 596 million of stock in the first half, leaving about USD 1.5 billion under its new USD 2 billion authorization.
After quarter-end, it agreed to sell UK-based Bristan Group for GBP 49 million (USD 65 million), with up to an additional GBP 6 million (USD 8 million) tied to 2026 performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Masco Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000062996-26-000027), on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Masco Q2 FY26 net income rises 18% to $318 million; net sales fall 3% to $1.99 billion

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