More on Masco's Q1 results

• Adjusted operating profit grew 15% to $181M; adjusted EPS grew 43% to $0.20 from $0.14 per share.
• Gross margins improved to 28.2% from 28%; Operating margins expanded to 9% vs. 8%.
• Revenue by segment: Plumbing Products -1%; Decorative Architectural Products +2%; Cabinets and Related Products +5%; Installation and Other Services +7%; Other Specialty Products +7%.
• About 4M shares were repurchased during the quarter.
• Q1 results