** Shares of home improvement firm Masco MAS.N fall as much as 7.9% to $56.55 in early trade, its lowest since November 2023
** Shares down ~1% at noon
** Co pulls annual profit forecast due to tariff and macroeconomic uncertainty
** Co also misses analysts' estimates for Q1 sales and profit estimates, according to data compiled by LSEG
** Masco exec says co expects about $400 mln in tariff-related costs in 2025 before mitigation efforts, expects most of the impact in H2
** Says it is taking steps to mitigate increased costs through pricing actions, cost savings initiatives, and product sourcing changes
** As of last close, MAS has fallen ~15% YTD
(Reporting by Neil J Kanatt in Bengaluru)
((Neil.JKanatt@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。