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 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
MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced that its Board of Directors has authorized a share repurchase program to buy back up to $50 million of the Company's outstanding common stock until March 13, 2028. This is in addition to the existing share repurchase authorization approved in April 2023, under which approximately $21 million remained available for repurchases as of December 29, 2024, and is set to expire on April 23, 2025. Under the new authorization, the Company may repurchase shares through a variety of methods, including open market transactions and privately negotiated transact
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
MasterBrand, Inc. (NYSE:MBC, the "Company, " or "MasterBrand")), the largest residential cabinet manufacturer in North America, today announced that Andi Simon, Executive Vice President and Chief Financial Officer, will present at BofA Securities Leveraged Finance Conference 2024 in Boca Raton, Florida on Tuesday, December 3, 2024, at 1:30pm Eastern Time. The live webcast and presentation materials will be available 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. About MasterBrand: MasterBrand, Inc. (NYSE:MBC) is the largest manufacturer of residential cabinets in North America
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
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)
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)
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
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8-K - MasterBrand, Inc. (0001941365) (Filer)
10-K - MasterBrand, Inc. (0001941365) (Filer)
8-K - MasterBrand, Inc. (0001941365) (Filer)
8-K - MasterBrand, Inc. (0001941365) (Filer)
10-Q - MasterBrand, Inc. (0001941365) (Filer)
8-K - MasterBrand, Inc. (0001941365) (Filer)
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144 - MasterBrand, Inc. (0001941365) (Subject)
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