Higher sales boost Masco profits

TAYLOR, Mich. — Masco Corp. saw net sales for the quarter rise 3% to $2 billion, with all segments reporting increased sales. Operating profit rose by $24 million and adjusted operating profit margin rose to 9%. The acquisition of Endless Pool by Watkins, Masco’s spa business, helped the company to expand into the aquatic fitness category. The company repurchased about 4 million shares during the quarter.