MBC - Earnings announcements

Net sales decreased 6.4% year-over-year to $618.0 million Net (loss) income margin decreased 450 basis points year-over-year to (2.5)% Adjusted EBITDA margin1 decreased 570 basis points year-over-year to 4.5% Diluted (loss) earnings per share were $(0.12), compared to $0.10 in the prior year period, adjusted diluted earnings per share1 were $0.06, compared to $0.18 in the prior year period Company provides second quarter 2026 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced first quarter 2026 financial results. "Our first quarter results reflect our disciplined

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced it will release its first quarter 2026 financial results after the market close on Tuesday, May 5, 2026. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour follo

Fourth quarter and full year net sales decreased 3.5% and increased 1.3% year-over-year to $644.6 million and $2.7 billion, respectively Fourth quarter and full year net (loss) income margin decreased 860 basis points and 370 basis points year-over-year to (6.5)% and 1.0%, respectively Fourth quarter and full year adjusted EBITDA margin1 decreased 580 basis points and 260 basis points year-over-year to 5.4% and 10.9%, respectively Fourth quarter and full year diluted (loss) earnings per share were $(0.33) and $0.21, compared to $0.11 and $0.96 in the prior year, respectively; fourth quarter and full year adjusted diluted (loss) earnings per share1 were $(0.02) and $0.91, compared

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced it will release its fourth quarter and full year 2025 financial results after the market close on Tuesday, February 10, 2026. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approxi

Net sales decreased 2.7% year-over-year to $698.9 million Net income margin decreased 150 basis points year-over-year to 2.6% Adjusted EBITDA margin1 decreased 160 basis points year-over-year to 13.0% Diluted earnings per share was $0.14 compared to $0.22 in the prior year period; adjusted diluted earnings per share1 was $0.33, compared to $0.40 in the prior year period Company updates 2025 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced third quarter 2025 financial results. "MasterBrand's third quarter performance reflects disciplined execution in our strategic init

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced it will release its third quarter 2025 financial results after the market close on Tuesday, November 4, 2025. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour

Net sales increased 8% year-over-year to $730.9 million Net income decreased 18% year-over-year to $37.3 million, representing a net income margin of 5.1%, down 160 basis points year-over-year Adjusted EBITDA1 was flat year-over-year at $105.4 million, representing an Adjusted EBITDA margin1 of 14.4%, down 110 basis points year-over-year Diluted earnings per share was $0.29 compared to $0.35 in the prior year period; adjusted diluted earnings per share1 was $0.40, compared to $0.45 in the prior year period Operating cash flow for the twenty-six weeks ended June 29, 2025 was $53.4 million with free cash flow1 of $25.5 million Company maintains 2025 financial outlook Compan

Industry's most comprehensive portfolio of trusted cabinet brands and products across the value chain to benefit customers and consumers Broadened channel partnerships, expanded geographic reach, and enhanced operating agility Anticipated run-rate cost synergies of approximately $90 million by the end of year three and accretion to MasterBrand's adjusted Diluted EPS in year two Fortified financial profile and increased resources expected to amplify returns, advance innovation, and accelerate growth Companies to hold joint conference call today at 8:00 a.m. ET to discuss transaction and MasterBrand's second quarter 2025 financial results MasterBrand, Inc. (NYSE:MBC, the "Company, "

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced it will release its second quarter 2025 financial results after the market close on Wednesday, August 6, 2025. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (888) 428-7458 (U.S.) or by dialing (862) 298-0702 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour

Net sales increased 3% year-over-year to $660.3 million Net income decreased 65% year-over-year to $13.3 million Net income margin decreased 390 basis points year-over-year to 2.0% Adjusted EBITDA margin1 decreased 220 basis points year-over-year to 10.2% Diluted earnings per share was $0.10 compared to $0.29 in the prior year period; adjusted diluted earnings per share1 was $0.18, compared to $0.31 in the prior year period Company updates 2025 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced first quarter 2025 financial results. "End market demand was weaker than a

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced it will release its first quarter 2025 financial results after the market close on Tuesday, May 6, 2025. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour followi

Fourth quarter and full year net sales decreased 1% and 1% year-over-year to $667.7 million and $2.7 billion, respectively Fourth quarter and full year net income decreased 61% and 31% year-over-year to $14.0 million and $125.9 million, respectively Fourth quarter and full year net income margin decreased 320 basis points and 200 basis points year-over-year to 2.1% and 4.7%, respectively Fourth quarter and full year adjusted EBITDA margin1 decreased 150 basis points and 60 basis points year-over-year to 11.2% and 13.5%, respectively Fourth quarter and full year diluted earnings per share was $0.11 and $0.96, compared to $0.28 and $1.40 in the prior year, respectively; fourth quarte

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced it will release its fourth quarter and full year 2024 financial results after the market close on Tuesday, February 18, 2025. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approxi

Net sales increased 6.0% year-over-year to $718.1 million Net income was $29.1 million compared to $59.7 million in the prior year, with net income margin of 4.1% and 8.8%, respectively Adjusted EBITDA margin1 decreased 160 basis points year-over-year to 14.6% Diluted earnings per share was $0.22 compared to $0.46 in the prior year quarter; adjusted diluted earnings per share1 was $0.40 compared to $0.49 in the prior year quarter Operating cash flow for the thirty-nine weeks ended September 29, 2024 was $176.9 million with free cash flow1 of $142.3 million Reiterates 2024 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its third quarter 2024 financial results after the market close on Tuesday, November 5, 2024. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour f

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, has postponed its second quarter 2024 financial results live conference call by one hour due to severe weather in the Cleveland area. The Company will now hold a live conference call and webcast at 5:30 p.m. ET. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour following completion of the call through August 20, 20

Net sales decreased 2.7% year-over-year to $676.5 million Net income was $45.3 million compared to $51.2 million in the prior year, with net income margin of 6.7% and 7.4%, respectively Adjusted EBITDA margin1 increased 20 basis points year-over-year to 15.5% Diluted earnings per share was $0.35 compared to $0.39 in the prior year quarter; adjusted diluted earnings per share1 was $0.45 compared to $0.44 in the prior year quarter Operating cash flow for the twenty-six weeks ended June 30, 2024 was $96.1 million with free cash flow1 of $77.8 million Increases 2024 financial outlook following the closing of Supreme Cabinetry Brands acquisition MasterBrand, Inc. (NYSE:MBC, th

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its second quarter 2024 financial results after the market close on Tuesday, August 6, 2024. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour

Acquisition is strongly aligned with MasterBrand's growth priorities, and channel and product strategy Enhances MasterBrand's product and brand portfolio, while meaningfully expanding dealer network, diversity of channel distribution, and delivery of consumer value and choice Supreme Cabinetry Brands brings exceptional track record of growth and profitability; Companies share highly complementary cultures and commitment to superior customer experience Significant cost synergies of $28 million expected by the end of year three; Expected to be accretive to adjusted diluted EPS1 within first full year after closing Conference call scheduled for 8:00 a.m. ET today MasterBrand, Inc. (N

Net sales decreased 5.7% year-over-year to $638.1 million Net income was $37.5 million compared to $35.0 million in the prior year Adjusted EBITDA1 margin increased 40 basis points year-over-year to 12.4% Diluted earnings per share were $0.29 compared to $0.27 in the prior year quarter; adjusted diluted earnings per share1 were $0.29 compared to $0.28 in the prior year quarter Operating cash flow was $18.7 million with free cash flow1 of $11.7 million Reiterates 2024 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced first quarter 2024 financial results. "We d

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its first quarter 2024 financial results after the market close on Tuesday, May 7, 2024. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour foll

4Q and full year 2023 net sales decreased 14% and 17% year-over-year to $677.1 million and $2.7 billion, respectively 4Q and full year net income increased 134% and 17% year-over-year to $36.1 million and $182.0 million, respectively 4Q and full year adjusted EBITDA1 margin increased 20 basis points and 150 basis points year-over-year to 12.7% and 14.1%, respectively Full year operating cash flow was $405.6 million with free cash flow1 of $348.3 million Introduces 2024 financial outlook, including adjusted EPS MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced fourth quarter and ful

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its fourth quarter and full year 2023 financial results after the market close on Monday, February 26, 2024. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approxi

Net sales decreased 21.1% year-over-year to $677.3 million Net income increased 14.4% year-over-year to $59.7 million Adjusted EBITDA1 margin increased 153 basis points year-over-year to 16.2% Operating cash flow for the thirty-nine weeks ended September 24, 2023 was $336.5 million with free cash flow1 of $315.1 million Increases 2023 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced third quarter 2023 financial results. "We are pleased to report another solid quarter of financial performance. Demand was once again in line with our expectations, and our strategi

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its third quarter 2023 financial results after the market close on Tuesday, November 7, 2023. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour

Net sales decreased 18.8% year-over-year to $695.1 million Net income increased 25.2% year-over-year to $51.2 million Adjusted EBITDA1 margin increased 281 basis points year-over-year to 15.3% Operating cash flow for the six months ending June 25, 2023 was $194.0 million with free cash flow1 of $182.6 million Increases 2023 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced second quarter 2023 financial results. "The team's continued execution on our three key strategic initiatives, and our disciplined use of The MasterBrand Way, drove our strong results in the s

MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its second quarter 2023 financial results after the market close on Tuesday, August 8, 2023. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour

Net sales decreased 12.9% year-over-year to $676.7 million Net income was $35.0 million compared to $46.9 million in the prior year quarter Adjusted EBITDA* increased 0.9% year-over-year to $81.5 million Operating cash flow was $62.1 million with free cash flow* of $59.2 million Raises 2023 financial outlook Announces new $50 million share repurchase program MasterBrand, Inc. (NYSE:MBC, the "Company", or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced first quarter 2023 financial results. "We delivered stronger than expected sales in the first quarter, as we benefited from more resilient demand across our customers servic

MasterBrand, Inc. (NYSE:MBC, the "Company", or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its first quarter 2023 financial results after the market close on Tuesday, May 9, 2023. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately one hour follo

4Q and full year 2022 net sales increased 5% and 15% year-over-year to $784.4 million and $3.3 billion, respectively 4Q and full year 2022 net income were $15.4 million and $155.4 million, respectively 4Q and full year 2022 adjusted EBITDA* increased 47% and 29% year-over-year to $97.8 million and $411.4 million, respectively Full year operating cash flow was $235.6 million with free cash flow* of $179.7 million Introduces 2023 financial outlook MasterBrand, Inc. (NYSE:MBC, the "Company", or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced fourth quarter and full year 2022 financial results. "I am pleased with our strong finish in

MasterBrand, Inc. (NYSE:MBC, the "Company", or "MasterBrand"))), the largest residential cabinet manufacturer in North America, today announced it will release its fourth quarter and full year 2022 financial results after the market close on Tuesday, March 7, 2023. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The live audio webcast can be accessed on the "Investors" section of the MasterBrand website at www.masterbrand.com. A telephone replay will be available approximately