Masco Corporation Reports Fourth Quarter and 2024 Year-End Results
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Masco Corporation reported its fourth quarter and full-year 2024 results, showing a 3% decrease in net sales compared to the previous year. However, excluding divestitures and in local currency, net sales increased by 1%. Plumbing Products' net sales decreased by 1%.
February 11, 2025 | 12:15 pm
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Masco Corporation's Q4 2024 results show a 3% decrease in net sales, but a 1% increase when excluding divestitures and in local currency. Plumbing Products' sales decreased by 1%.
The reported decrease in net sales could be seen as negative, but the 1% increase in local currency excluding divestitures provides a more positive outlook. The slight decrease in Plumbing Products' sales may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100