More on Masco (MAS): Reports a better-than-expected Q3 EPS with revenues in-line with...


More on Masco (MAS): Reports a better-than-expected Q3 EPS with revenues in-line with expectations. Total sales were flat Y/Y, but gross profit and operating margins both improved, driven largely by cost cutting and improved commodity pricing relationships, which gave a boost to bottom line performance. Meanwhile top line numbers benefited from an increase in new home construction activity, new product introductions, and from selling price increases for a number of its products.

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