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MasterBrand, Inc. 10-Q Filings

MBC NYSE

Every 10-Q that MasterBrand, Inc. (MBC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow MBC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MBC filings page.

Rhea-AI Summary

MasterBrand, Inc. reported Q2 2026 net sales of $815.2 million, up 11.5% from $730.9 million, but swung to a net loss of $57.6 million from income of $37.3 million. Results reflect the May 28 closing of the American Woodmark acquisition, which contributed $125.5 million of sales and a $28.9 million net loss in the period.

Total purchase consideration for American Woodmark was $1,059.8 million, including $682.8 million of stock and repayment of $367.5 million of debt, adding $192.8 million of goodwill and $356.0 million of identifiable intangibles. To finance the deal, the company drew a $375.0 million Term Loan A and increased revolving credit borrowings, raising long-term debt to $1,371.5 million from $974.5 million.

Profitability and cash flow were pressured by higher cost of products sold, acquisition-related costs of $38.4 million and restructuring charges of $9.2 million. Net cash from operating activities fell to $5.8 million from $53.4 million, while cash and equivalents increased to $241.6 million, supported by $404.6 million of net financing inflows and $330.3 million of acquisition spending. The company also received $1.2 million of IEEPA tariff refunds in Q2 and a further $9.2 million after quarter-end, to be recognized as reduced cost of products sold in Q3.

Rhea-AI Summary

MasterBrand, Inc. reported weaker results for the thirteen weeks ended March 29, 2026, with net sales of $618.0 million, down 6.4% from $660.3 million a year earlier, and a net loss of $15.4 million versus prior-year net income of $13.3 million. Operating performance turned to a loss of $18.5 million, driven by lower volumes, unfavorable cost and mix, higher restructuring charges and acquisition-related costs. Cash generation was pressured as net cash used in operating activities widened to $133.0 million, and revolving credit facility borrowings increased to support liquidity, bringing total long-term debt to $1,084.9 million as of March 29, 2026. The company is pursuing an all-stock merger with American Woodmark, targeting closing in the second calendar quarter of 2026, and has amended its credit agreement to provide delayed draw term loans and temporarily eased leverage and interest coverage covenants. MasterBrand is implementing approximately $30 million of planned cost reductions during 2026, including a voluntary and involuntary separation program that generated $8.1 million of one-time termination benefits in the quarter. The company also highlighted tariff developments, including potential refunds of about $11.7 million of invalidated IEEPA tariffs, though no receivable has been recorded due to uncertainty.

Rhea-AI Summary

MasterBrand, Inc. (MBC) reported lower quarterly results while advancing a major combination. For the 13 weeks ended September 28, 2025, net sales were $698.9 million versus $718.1 million a year ago, and net income was $18.1 million versus $29.1 million. Operating income was $41.7 million compared with $57.6 million, reflecting higher costs and restructuring charges of $2.6 million. Year to date, net sales reached $2,090.1 million (up from $2,032.7 million) with net income of $68.7 million (down from $111.9 million).

Cash from operations was $108.8 million year to date. Cash was $114.8 million and long‑term debt was $954.1 million, including $700.0 million 7.00% Senior Notes due 2032 and $265.0 million drawn on the revolver, which had $461.9 million of availability. The company repurchased $18.1 million of stock year to date at an average price of $12.82.

MasterBrand signed a definitive agreement to combine with American Woodmark in an all‑stock merger. Each American Woodmark equity interest will convert into 5.15 shares of MasterBrand, representing approximately 37 percent of the combined company’s fully diluted shares immediately prior to signing. Both companies received shareholder approval on October 30, 2025. MasterBrand also added $375.0 million of delayed‑draw term loan commitments to repay American Woodmark’s debt at closing.