Masco sales rise 1 %, but profit slips 4% in quarter

November 2006
Furniture/Today;11/6/2006, Vol. 31 Issue 9, p42
Trade Publication
The article reports that Masco Corp., a cabinet and building products supplier, has increased its sales by 1%, but posted 4% decrease in its profits in the third quarter of 2006. The company attributed its sales gain to the strong performance outside North America, where sales grew by 10%. It has posted $3.3 billion in its total sales, which is up from the $3.28 billion in 2005. Net income was $252 million, including $27 million from discontinued operations.


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