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Here's another sign that home-improvement demand is falling

Por: MarketWatch Politics October 27, 2022

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Before Wednesday’s opening bell, Masco Corp. reported third-quarter adjusted profit that surprisingly declined, while revenue was flat due to higher prices but was below expectations. The home-improvement and building-products company, whose brands include Behr paint and Delta faucets, also slashed its 2022 profit-guidance range given expectations of “lower market demand,” increased foreign currency headwinds and higher costs. The... + full article



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