| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/10/2023 | $9.00 → $13.00 | Hold → Buy | Loop Capital |
4 - MasterBrand, Inc. (0001941365) (Issuer)
Loop Capital upgraded MasterBrand from Hold to Buy and set a new price target of $13.00 from $9.00 previously
10-Q - MasterBrand, Inc. (0001941365) (Filer)
8-K - MasterBrand, Inc. (0001941365) (Filer)
8-K/A - MasterBrand, Inc. (0001941365) (Filer)
144 - MasterBrand, Inc. (0001941365) (Subject)
144 - MasterBrand, Inc. (0001941365) (Subject)
144 - MasterBrand, Inc. (0001941365) (Subject)
8-K - MasterBrand, Inc. (0001941365) (Filer)
8-K - MasterBrand, Inc. (0001941365) (Filer)
10-Q - MasterBrand, Inc. (0001941365) (Filer)
8-K - MasterBrand, Inc. (0001941365) (Filer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
3 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
4 - MasterBrand, Inc. (0001941365) (Issuer)
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
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
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 released the Company's annual Corporate Sustainability and Responsibility (CSR) Report. This report marks the second year the Company provided an overview of MasterBrand's progress in many areas of sustainability and responsibility, including stewardship of its resources, the well-being of associates and an industry-leading corporate governance structure. "As a leader in our industry, we believe we have a responsibility to hold ourselves to a high standard. To that end, we are pleased to share an update on the meaningful progress we made in 2023 across our
Enhances MasterBrand's portfolio of premium cabinetry and unlocks meaningful value for shareholders and customers MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand"))), through its subsidiary MasterBrand Cabinets LLC, today announced that it has completed its acquisition of Supreme Cabinetry Brands, Inc. ("Supreme"), a highly regarded cabinetry company, from GHK Capital Partners LP ("GHK") for $520 million in cash. "Today is an important day as Supreme joins MasterBrand," said Dave Banyard, President and Chief Executive Officer of MasterBrand. "The completion of this acquisition marks a major milestone, positioning MasterBrand to offer an unmatched breadth of offerings and en
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
Kitchen and bath industry experts tapped to guide future innovations in products and customer experience. MasterBrand, Inc., (NYSE:MBC, the "Company, " or "MasterBrand"))) the largest residential cabinet manufacturer in North America, recently launched the MasterBrand Dealer Designer Council. Comprised of nine industry insiders, this council will offer members an opportunity to share insights into the latest trends and the buying habits of consumers while gaining the support of a community of successful dealer designers with whom to collaborate. "We are thrilled to kick off this new chapter of collaboration with our dealer designer partners," said Dave Banyard, President and Chief Execu
MasterBrand, Inc. (NYSE:MBC, the "Company"))) today announced that it has priced its previously announced notes offering (the "Offering") and has agreed to issue and sell $700 million aggregate principal amount of 7.00% Senior Notes due 2032 (the "Notes"). The Notes are expected to settle on or around June 27, 2024, subject to customary closing conditions. The Notes will be the Company's unsecured and unsubordinated debt obligations and will be guaranteed, on a senior unsecured basis, by the subsidiaries that guarantee the Company's credit facility. The Company intends to use the net proceeds from the Offering, together with borrowings under its new revolving credit facility and cash on
MasterBrand (NYSE:MBC) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.26 by 11.54 percent. This is a 3.57 percent increase over earnings of $0.28 per share from the same period last year. The company reported quarterly sales of $638.100 million which beat the analyst consensus estimate of $629.000 million by 1.45 percent. This is a 5.70 percent decrease over sales of $676.700 million the same period last year.
MasterBrand (NYSE:MBC) reported its Q4 earnings results on Monday, February 26, 2024 at 04:05 PM. Here's what investors need to know about the announcement. Earnings MasterBrand beat estimated earnings by 26.0%, reporting an EPS of $0.34 versus an estimate of $0.27. Revenue was down $107.30 million from the same period last year. Past Earnings Performance Last quarter the company beat on EPS by $0.14 which was followed by a 1.0% increase in the share price the next day. Here's a look at MasterBrand's past performance: Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022 EPS Estimate 0.32 0.31 0.12 0.51 EPS Actual 0.46 0.42 0.28 0.52 Revenue Estimate 686.60M 710.00M 629.00M 769.00M Revenue Ac
MasterBrand (NYSE:MBC) reported quarterly earnings of $0.34 per share which beat the analyst consensus estimate of $0.27 by 25.93 percent. The company reported quarterly sales of $677.10 million which beat the analyst consensus estimate of $666.70 million by 1.56 percent. This is a 13.68 percent decrease over sales of $784.40 million the same period last year.