Masco Nails Q2 Results As Home Remodelings Boom

By | July 28, 2015

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Masco (MAS) became the latest company to forecast continued growth in the home remodeling and construction markets as the stock soared Tuesday after reporting Q2 results. “We believe the underlying demand for our products will increase and that the repair and remodeling business will continue to improve,” the company said in reporting $1.93 billion in sales, 3% greater than a year earlier. Adjusted earnings came in a 38 cents a share, a 36% Scalper1 News

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