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06.08.25 - 12:39
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MasterBrand Reports Second Quarter 2025 Financial Results (Business Wire)
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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
Company separately announces definitive merger agreement with American Woodmark, strengthening the combined company's financial profile to amplify returns, advance innovation, and accelerate value delivery
BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet m...
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06.08.25 - 12:39
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MasterBrand and American Woodmark to Combine in an All-Stock Transaction to Accelerate Value Delivery Through: (Business Wire)
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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 resultsBEACHWOOD, Oh. & WINCHESTER, Va.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”) and American Woodmark Corporation (“American Woodmark”) (NASDAQ: AMWD) today announced that they have entered into a definitive agreement whereby MasterBrand will combine with American Woodmark via an all-stock merger. The combined company would h...
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09.07.25 - 22:09
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MasterBrand to Announce Second Quarter 2025 Results on August 6 (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--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 following completion of the call through August 20, 2025. To access the replay, please dial 877-660-6853 (U.S.) or 201-612-7415 (international). The replay passcode is 13754871. An archived webcast of the conference call will also be available on the "Investors" page o...
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08.04.25 - 22:09
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MasterBrand to Announce First Quarter 2025 Results on May 6 (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--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 following completion of the call through May 20, 2025. To access the replay, please dial 877-660-6853 (U.S.) or 201-612-7415 (international). The replay passcode is 13752603. An archived webcast of the conference call will also be available on the "Investors" page of the Com...
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17.03.25 - 21:09
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MasterBrand Announces Additional $50 Million Share Repurchase Authorization (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--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 transactions, in compliance with Rule 10b5-1 and Rule 10b-18, as applicable, of the Securities Exchange Act of 1934 and other applicable laws and regulations. The repurchase program may be suspended or discontinued at any time and does not obligate the Company to acquire any amount of it...
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18.02.25 - 22:09
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MasterBrand Reports Fourth Quarter and Full Year 2024 Financial Results (Business Wire)
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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 quarter and full year adjusted diluted earnings per share1 was $0.21 and $1.37, compared to $0.35 and $1.58 in the prior year, respectively
Operating cash flow for the fifty-two weeks ended December 29, 2024 was $292.0 million with free cash flow1 of $211.1 million
The Supreme acquisition contributed 9% and 4% to net sales in the four...
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14.01.25 - 22:09
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MasterBrand to Announce Fourth Quarter and Full Year 2024 Results on February 18 (Business Wire)
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BEACHWOOD, Ohio--(BUSINESS WIRE)--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 approximately one hour following completion of the call through March 3, 2025. To access the replay, please dial 877-660-6853 (U.S.) or 201-612-7415 (international). The replay passcode is 13751055. An archived webcast of the conference call will also be available on the "Investors...
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