Masco Profit Tops Estimate

RONA and Ace Hardware International Announce Agreement for Master License of Ace Brand in Canada – Yahoo Finance

On average, 24 analysts polled by Thomson Reuters expected the company to earn $0.28 per share for the second quarter. Analysts’ estimates typically exclude special items. Gross margin for the quarter improved to 29.2% from 28.3% a year earlier, while adjusted gross margin increased to 29.2% from 28.9% last year.

In particular, further details and descriptions of these and other factors are disclosed in the MD&A under the Risks and uncertainties section and in the Risk factors section of the Corporations current Annual Information Form. The forward-looking statements in this Press Release reflect the Corporations expectations as at July 29, 2014, and are subject to change after this date. The Corporation expressly disclaims any obligation or intention to update or revise any forward- looking statements, whether as a result of new information, future events or otherwise, unless required by the applicable securities laws.


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