MasterBrand Inc Stock Price, News & Analysis

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, reported Q2 2025 results with net sales up 8% to $730.9 million, driven by the Supreme acquisition (+10%) and pricing improvements (+3%), offset by volume declines (-5%). Net income decreased 18% to $37.3 million, with diluted EPS of $0.29 versus $0.35 year-over-year.

The company announced a transformative merger agreement with American Woodmark in an all-stock transaction valued at $2.4 billion equity value ($3.6 billion enterprise value). The merger expects to achieve $90 million in run-rate cost synergies by year three. American Woodmark shareholders will receive 5.150 MBC shares per share.

For 2025, MasterBrand maintains its outlook of low single-digit net sales decrease and adjusted EBITDA of $315-365 million. The transaction is expected to close in early 2026.

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, has scheduled its second quarter 2025 financial results announcement for August 6, 2025, after market close.

The company will host a conference call and webcast at 4:30 p.m. ET to discuss results and business outlook. Investors can access the call via telephone at (888) 428-7458 (U.S.) or (862) 298-0702 (international). A replay will be available until August 20, 2025, and can be accessed through the company's website investor section.

MasterBrand (NYSE: MBC), North America's largest residential cabinet manufacturer, has released its third annual Corporate Sustainability and Responsibility Report highlighting achievements in 2024. Key accomplishments include reducing their OSHA recordable rate to 0.64 (vs. industry average of 3.1), maintaining 90%+ landfill avoidance rates at multiple facilities, and decreasing Total Scope 1 and 2 emissions by 18% from 2022 to 2024. The company earned new emissions standards certification from ICC-ES and established partnerships for wood waste and solvent recycling. CEO Dave Banyard emphasized the company's commitment to stakeholder responsibility and continuous improvement in resource management, associate wellbeing, and corporate governance.

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.