Masco Corp.

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Masco's COO Leaves

Masco Corp., the Taylor, Mich.-based company whose brands include Delta faucets, Behr paints, and Kraftmaid cabinetry, reported today executive vice resident and COO Donald J. DeMarie Jr. had left the company effective Nov. 4. More

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Masco's N. American Sales, Profits Steady as it Looks To Cut

Masco Corp.'s net sales and operating profit for its North American operations were nearly unchanged in the third quarter from the year-earlier period, but strong international business (and a slightly devalued dollar) helped the company return to the black. More

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Masco's 2Q Earnings Almost Triple, Net Sales Fall 1%

Net income at Masco Corp. almost tripled to $8 million during the second quarter from same period a year ago as net sales fell 1% to $2.02 billion. Gross profit at the building products manufacturer fell 2.6% to $532 million. More

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Masco Reports 73% Drop in Operating Profit During 1Q

Masco Corp., the manufacturer of brand names such as Behr paints, Delta faucets, and KraftMaid cabinets, reported a 73% fall in operating profit, to $21 million, during the first quarter compared to the same period a year ago. More

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Masco Reports $798 Million 4Q Operating Loss

Masco Corp. announced an operating loss of $798 million dollars during the fourth quarter of 2010, a huge increase over the $197 million operating loss the company posted during the same period in 2009. More

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Masco Moves Into the Red in 3Q

Masco Corp., the diversified building materials maker whose top brands include KraftMaid and Merillat cabinets, Delta and Hansgrohe faucets, Behr paint, and Milgard windows, swung to a $5 million loss from continuing operations attributable to Masco from a $28 million profit in the year-earlier period on a 6% drop in sales to $1.96 billion. More

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2Q Earnings Roundup: Brief Sunshine Before More Clouds

Earnings reports for second quarter of this year showed robust gains in sales and profits at North America's lumber producers, typically because of the runup in OSB prices and the brief rise in U.S. housing starts. More

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Plumbing Sales Help Drive Masco 2Q Earnings

Masco Corp., the diversified building materials maker whose top brands include KraftMaid and Merillat cabinets, Delta and Hansgrohe faucets, Behr paint, and Milgard windows, reported its operating profit climbed to $119 million in the second quarter from $116 million in the year-earlier period. Excluding rationalization and one-time charges, operating profit hit $170 million, up 16.4%. Sales rose 2% to $2.05 billion. More

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Masco's 1Q Loss Lightens; Sales Up 3%

Masco Corp., the corporate parent of such brands as KraftMaid and Merillat cabinets, Delta and Hansgrohe faucets, and Milgard windows, said its loss from continuing operations shrank to $7 million in the first quarter from $85 million the year before on a 3% rise in sales to $1.9 billion. More

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Four Housing-Related Firms Post Weak 3Q Earnings

Four companies closely linked to the housing corporation--Potlatch, Plum Creek, Rayonier, and Masco--posted weak third-quarter earnings early this week, in some cases swinging to a loss from the year-earlier period. More

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