MasterBrand Inc Stock Price, News & Analysis

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, reported mixed Q1 2025 results. Net sales increased 3% to $660.3M, primarily driven by 10% growth from the Supreme acquisition and 2% from price improvements, offset by a 9% volume decline in base business. However, net income dropped 65% to $13.3M, with margins declining significantly. The company's Q1 performance was impacted by weaker-than-expected demand and a slow spring selling season. Key metrics showed deterioration: gross profit margin decreased 150 basis points to 30.6%, net income margin fell 390 basis points to 2.0%, and adjusted EBITDA margin declined 220 basis points to 10.2%. For 2025, MasterBrand revised guidance downward, projecting a low single-digit percentage decrease in net sales and adjusted EBITDA between $315M-$365M.

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, has scheduled its first quarter 2025 financial results announcement for May 6, 2025, after market close. The company will host a conference call and webcast at 4:30 p.m. ET to discuss financial performance and business outlook.

Investors can access the live call via telephone at (877) 407-4019 (U.S.) or (201) 689-8337 (international). A webcast will be available on the company's investor relations website. A replay will be accessible through May 20, 2025, using 877-660-6853 (U.S.) or 201-612-7415 (international) with passcode 13752603.

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, has announced a new $50 million share repurchase authorization extending until March 13, 2028. This adds to their existing buyback program from April 2023, which still has $21 million remaining available for repurchases until April 23, 2025.

The company may execute the buyback through various methods, including open market and privately negotiated transactions, following Securities Exchange Act regulations. The program is discretionary and can be suspended at any time, with timing and pricing determined by market conditions, stock prices, and other factors.

MasterBrand (NYSE: MBC) reported declining financial results for Q4 and full year 2024. Net sales decreased 1% to $667.7M in Q4 and $2.7B for the full year. Net income saw significant drops, falling 61% to $14M in Q4 and 31% to $125.9M for the year. The Supreme acquisition contributed positively, adding 9% to Q4 sales and 4% to annual sales.

Q4 diluted EPS fell to $0.11 from $0.28, while full-year EPS decreased to $0.96 from $1.40. Operating cash flow was $292M with free cash flow of $211.1M. The company's 2025 outlook projects mid-single-digit percentage net sales growth, with organic sales expected to remain flat. Adjusted EBITDA is forecast between $380M to $410M, with margins of 13.5% to 14.3%.

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, has scheduled its fourth quarter and full year 2024 financial results announcement for February 18, 2025, after market close. The company will host a conference call and webcast at 4:30 p.m. ET on the same day to discuss results and business outlook.

Investors can access the live call via telephone at (877) 407-4019 (U.S.) or (201) 689-8337 (international). A webcast will be available on the company's website's Investors section. A replay will be accessible through March 3, 2025, using the passcode 13751055.

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, has announced its participation in the BofA Securities Leveraged Finance Conference 2024. Andi Simon, Executive Vice President and Chief Financial Officer, will deliver a presentation in Boca Raton, Florida on Tuesday, December 3, 2024, at 1:30pm Eastern Time. The presentation will be accessible via live webcast on the company's website, with materials available in the Investors section at www.masterbrand.com. A replay will be available for a time after the event.

MasterBrand, the largest residential cabinet manufacturer in North America, will present at Baird’s Global Industrial Conference in Chicago on November 12, 2024. The presentation by Dave Banyard, President and CEO, and Andi Simon, EVP and CFO, is scheduled for 1:45pm Central Time. The event will be webcast live on the Investors section of the Company’s website, www.masterbrand.com, with a replay available for a time. Additionally, the Company will conduct investor meetings throughout the conference.

MasterBrand (NYSE: MBC) reported Q3 2024 financial results with net sales increasing 6.0% to $718.1 million, primarily driven by 9% growth from the Supreme acquisition. Net income decreased 51.3% to $29.1 million compared to $59.7 million in Q3 2023. Adjusted EBITDA margin decreased 160 basis points to 14.6%, while diluted EPS fell to $0.22 from $0.46. The company maintains its 2024 outlook, expecting low single-digit percentage net sales growth and adjusted EBITDA between $385-405 million.

MasterBrand, Inc. (NYSE: MBC), North America's largest residential cabinet manufacturer, has announced its plans to release third quarter 2024 financial results on Tuesday, November 5, 2024, after market close. The company will host a live conference call and webcast at 4:30 p.m. ET on the same day to discuss the results and business outlook.

Interested parties can access the call via telephone at (877) 407-4019 (U.S.) or (201) 689-8337 (international). A live audio webcast will be available on the 'Investors' section of MasterBrand's website. For those unable to attend, a telephone replay will be accessible until November 19, 2024, by dialing 877-660-6853 (U.S.) or 201-612-7415 (international) with passcode 13749429. An archived webcast will also be available on the company's website.