Masco Corp

MAS: XNYS (USA)
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Masco Earnings: Tariffs Erode Pricing Actions, and Sluggish Housing Turnover Continues to Slow Sales

The US repair and remodel market has yet to turn the corner, and Masco's third-quarter organic revenue declined 2% year over year. Tariffs overcame pricing actions in the quarter, and adjusted operating margin fell 190 basis points to 16.3%. Management sees $60 million more in tariff costs in 2025.

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