MasterBrand Sees FY24 Net Sale Year-Over-Year Decline Of Low Single-Digit Percentage To Flat
$MBC
Home Furnishings
Consumer Discretionary
MasterBrand Sees FY24 Net Sale Year-Over-Year Decline Of Low Single-Digit Percentage To Flat
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/10/2023 | $9.00 → $13.00 | Hold → Buy | Loop Capital |
MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced that Dave Banyard, President and Chief Executive Officer, and Andi Simon, Executive Vice President and Chief Financial Officer, will present at Baird's Global Industrial Conference in Chicago on Tuesday, November 12, 2024, at 1:45pm Central Time. The presentation will be webcast live on the Investors section of the Company's website at www.masterbrand.com, and a replay of the webcast will be archived on the website for a limited time. The Company will also host investor meetings throughout the conference. About MasterBrand: MasterBrand, Inc. (NYSE
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
4 - MasterBrand, Inc. (0001941365) (Issuer)
10-Q - MasterBrand, Inc. (0001941365) (Filer)
8-K - MasterBrand, Inc. (0001941365) (Filer)
8-K/A - MasterBrand, Inc. (0001941365) (Filer)
Loop Capital upgraded MasterBrand from Hold to Buy and set a new price target of $13.00 from $9.00 previously
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
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)