Masonite International

Masonite International Corp. engages in the manufacture of interior and exterior doors for residential and architectural use. It operates through the following geographical segments: North American Residential, Europe, Architectural, and Corporate and Other. The Corporate and other segment includes unallocated corporate costs and the results of immaterial operating segments. The company was founded on September 1, 1925 and is headquartered in Tampa, FL.

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2024

Earnings data Q3 2024

Masonite International reports strong 2022 growth amidst market challenges

Masonite International's 2022 performance showcased growth and resilience amidst market challenges. Strategic initiatives like product innovation and acquisitions position the company for future success. Despite anticipated market headwinds, a focus on efficiency and cash flow generation remains key for 2023 and beyond.

Masonite exceeds Q1 expectations, focuses on margin expansion and growth

Masonite's Q1 2023 performance showed resilience with a focus on margin expansion and cost reduction.
Despite challenges in certain segments, the company's strategic initiatives and liquidity position are strengths.
Opportunities lie in achieving margin targets, pursuing M&A, and optimizing cash flow generation.
Overall, Masonite remains optimistic about growth prospects and financial performance for the year.

Masonite reports robust Q2 results amidst market challenges and opportunities

Masonite International (DOOR) demonstrated resilience and strategic agility in navigating market challenges, focusing on cost management and operational efficiency.
Despite weaker demand in certain segments, the company's strong financial performance, record cash flow, and new facility investments position it well for future growth.
With a focus on margin optimization, portfolio review, and upcoming Investor Day, Masonite is poised to capitalize on growth opportunities and drive long-term value for stakeholders.

Masonite reports Q3 results, eyes growth with strategic acquisitions

Masonite's Q3 performance reflects strategic acquisitions, strong liquidity, and ongoing challenges from material costs and market conditions.
The company's focus on long-term growth, margin improvement, and innovative product offerings positions them well for sustained success.
Opportunities lie in leveraging Fleetwood's growth potential, capturing demand through distribution partnerships, and optimizing working capital efficiency.

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Simply stated, Masonite® doors will make your home more beautiful. They possess a distinctive style and flare that can accent a décor and even become the focus of a room or the exterior of your home. They provide arresting beauty, lasting durability and timeless performance.  Masonite is known worldwide for innovation, quality products, exceptional customer service and a commitment to excellence. Over 80 years of dedication to innovation, technical advancements and customers make Masonite® the brand that builders, remodelers and consumers choose when creating homes of distinction.

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Masonite International Corporation (NYSE: DOOR) to Owens Corning for $133.00 per share in cash is fair to Masonite shareholders. Halper Sadeh encourages Masonite shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether.

DOOR Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Masonite International Corporation Is Fair to Shareholders

Owens Corning is buying Masonite, a maker of doors, for $133 a share in cash.

Masonite Stock Soars. Doors Maker Is Being Bought by Owens Corning.

Owens Corning

Owens Corning, a Toledo, Ohio, maker of building and construction materials, said the addition of Masonite's doors business creates a new growth platform.

Owens Corning to Buy Masonite International in $3.9 Billion Deal

Shares of Masonite International Corp. DOOR, +1.42% rocketed 34% toward its best day in 15 years in premarket trading Friday, after the doors maker agreed to be acquired by construction materials company Owens Corning OC, +0.58% in a cash deal valued at $3.9 billion. Owens Corning's stock tacked on 0.3% in the premarket.

Masonite's stock rockets toward its best day in 15 years after $3.9 billion buyout deal with Owens Corning

TOLEDO, Ohio & TAMPA, Fla.--(BUSINESS WIRE)--Owens Corning (NYSE: OC), a leader in global building and construction materials, and Masonite International Corporation (“Masonite”) (NYSE: DOOR), a leading global provider of interior and exterior doors and door systems, today announced they have entered into a definitive agreement under which Owens Corning will acquire all outstanding shares of Masonite for $133.00 per share in cash, representing an approximate 38% premium to Masonite's closing sh.

Owens Corning Announces $3.9 Billion Acquisition of Masonite to Strengthen Position in Building and Construction Materials

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation (NYSE: DOOR) today announced it will release fourth quarter and full year 2023 financial results on Monday, February 19, 2024. Management will host a conference call to discuss the results at 9:00 a.m. (Eastern Time) on Tuesday, February 20, 2024. A webcast of the conference call will be available at investor.masonite.com. It is recommended that listeners log on at least 10 minutes prior to the start of the call. Telephone access.

Masonite Announces Fourth Quarter and Full Year 2023 Earnings Release and Investor Conference Call

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PGT Innovations

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation (“Masonite” or the “Company”) (NYSE: DOOR), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and premium door systems, today confirmed the termination of its previously announced definitive merger agreement to acquire PGT Innovations, Inc. (“PGT Innovations” or “PGTI”) (NYSE: PGTI). This termination follows the Masonite Board of Directors' decision not to submit a revised offer to ac.

Masonite Confirms Termination of Agreement to Acquire PGT Innovations

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation (“Masonite” or the “Company”) (NYSE: DOOR), a leading global designer, manufacturer, marketer and distributor of interior and exterior doors and premium door systems, today issued the following statement. “Masonite remains fully committed to the transaction with PGT Innovations, Inc. (“PGT Innovations” or “PGTI”) (NYSE: PGTI) on its current terms and is confident that the definitive merger agreement – a result of thorough due dili.

Masonite Reiterates the Compelling Value of its Agreement to Acquire PGT Innovations

VENICE, Fla.--(BUSINESS WIRE)--PGT Innovations, Inc. (NYSE: PGTI) (“PGTI” or the “Company”), a national leader in premium windows and doors, today announced that its Board of Directors has unanimously determined that, while the unsolicited proposal from Miter Brands to acquire all outstanding shares of PGTI common stock for $41.50 per share in cash is not superior to PGTI's definitive agreement to be acquired by Masonite International Corp (NYSE: DOOR) (“Masonite”), depending on the outcome of.

PGT Innovations Board of Directors Determines that Miter's Unsolicited Proposal Would Reasonably Be Expected to Lead to a Superior Proposal

VENICE, Fla.--(BUSINESS WIRE)--PGT Innovations, Inc. (NYSE: PGTI) (“PGT Innovations” or the “Company”), a national leader in premium windows and doors, today said it has received an unsolicited proposal from Miter Brands to acquire all outstanding shares of PGT Innovations' common stock for $41.50 per share in cash. As announced on December 18, 2023, PGT Innovations entered into a definitive agreement to be acquired by Masonite International Corp. (NYSE: DOOR) (“Masonite”) for $41.00 per share.

PGT Innovations, Inc. Receives Unsolicited Proposal from Miter Brands

NEW YORK , Dec. 18, 2023 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by PGT Innovations, Inc. (NYSE: PGTI) and its board of directors concerning the proposed acquisition of the company by Masonite International Corporation (NYSE: DOOR). Stockholders will receive $33.50 in cash and $7.50 in shares of Masonite International common stock for each share of PGT Innovations stock that they hold.

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of PGT Innovations, Inc.

PGT Innovations Inc shares jumped 9% to $39.26 in late-morning trading on Monday after the designer and manufacturer of patio door and window solutions said it has agreed to be acquired by door maker Masonite International in a cash-and-stock deal valued at $3 billion.  PGT shareholders will receive $33.50 in cash and $7.50 in common shares of Masonite for each PGT share held.

PGT Innovations stock climb on takeover by Masonite International

Door maker Masonite International said on Monday it will acquire PGT Innovations, a manufacturer and supplier of windows and doors, for $3 billion in a bid to expand its business.

Door maker Masonite to acquire PGT Innovations in $3 bln deal

Shares of PGT Innovations Inc. PGTI, -1.39% shot up 8.1% into record territory in premarket trading Monday, after the maker of windows, doors and garage doors announced an agreement to be bought by Masonite International Corp. DOOR, -1.71% in a cash and stock deal valued at $3 billion. Under terms of the deal, PGT shareholders will receive $41 for each PGT share they own, made up of $33.50 a share in cash and $7.50 a share worth of Masonite stock.

PGT Innovations stock rallies into record territory after Masonite's $3 billion cash-and-stock buyout deal

TAMPA, Fla. & VENICE, Fla.--(BUSINESS WIRE)--Masonite Announces Acquisition of PGT Innovations, Creating a Leading Door and Window Solutions Company with Over $4 Billion In Combined Revenue.

Masonite Announces Transformative Acquisition of PGT Innovations, Creating a Leading Door and Window Solutions Company with Over $4 Billion In Combined Revenue

Masonite International Corporation (NYSE:DOOR ) Q3 2023 Earnings Conference Call November 8, 2023 9:00 AM ET Company Participants Richard Leland - Vice President Finance Howard Heckes - President and Chief Executive Officer Russ Tiejema - Executive Vice President and Chief Financial Officer Christopher Ball - President of Global Residential Conference Call Participants Steven Ramsey - Thompson Research Group Joe Ahlersmeyer - Deutsche Bank Jay McCanless - Wedush Securities Ruben Garner - Benchmark Company Operator Greetings, and welcome to Masonite's Third Quarter 2023 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

Masonite International Corporation (DOOR) Q3 2023 Earnings Call Transcript

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation ("Masonite" or the "Company") (NYSE: DOOR) today announced results for the three and nine months ended October 1, 2023. ($ in millions, except per share amounts) 3Q23   3Q22   % Change   YTD 2023   YTD 2022   % Change Net sales $702   $728   (4%)   $2,170   $2,216   (2%) Net income attributable to Masonite $41   $57   (27%)   $128   $183   (30%) % of net sales 5.9%   7.8%   (190 bps)   5.9%   8.3%   (240 bps) Diluted earnings per.

Masonite International Corporation Reports Third Quarter Results Featuring Margin Resilience and Strong Operating Cash Flow

Masonite International Corporation is facing tough conditions in the housing market, resulting in stagnant stock trading in 2023. The company is resorting to price hikes and acquisitions to maintain revenue and earnings, but this comes with added debt. Masonite is the largest U.S. door manufacturer and relies heavily on the North American market, with potential for long-term growth in housing starts and remodeling.

Masonite International: Slowly Opening The Door

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation ("Masonite") (NYSE: DOOR) today announced that its U.S. subsidiary has acquired Fleetwood Aluminum Products, LLC (“Fleetwood”), for $285 million in cash. Fleetwood is a leading designer and manufacturer of premium, aluminum-framed glass door and window solutions for luxury homes. Their products include multi-slide and pocket glass patio doors, pivot and hinged glass entry doors, and folding glass door wall systems, as well as acco.

Masonite International Corporation Announces Acquisition of Fleetwood, a Premium Manufacturer of Innovative Glass Door Systems

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation (NYSE: DOOR) today announced it will release third quarter 2023 financial results after the market close on Tuesday, November 7, 2023. Management will host a conference call at 9:00 a.m. (Eastern Time) on Wednesday, November 8, 2023, to discuss the results. A webcast of the conference call will be available on the Masonite website at investor.masonite.com. It is recommended that listeners log on at least 10 minutes prior to the st.

Masonite Announces Dates of Third Quarter 2023 Earnings Release and Investor Conference Call

TAMPA, Fla.--(BUSINESS WIRE)--Masonite International Corporation (NYSE: DOOR) will host a virtual Investor Day today, September 19, 2023, starting at 9:00 a.m. (ET). The event will feature presentations by members of the executive leadership team on the company's operations, strategic priorities, and long-term growth objectives, including 2027 financial goals. “The theme of this year's event is Invisible to Invaluable,” said Howard Heckes, President and CEO of Masonite. “Consumers consistently.

Masonite Highlights Strategic Growth Priorities and Financial Goals in 2023 Investor Day Event

Masonite International Corporation (NYSE:DOOR ) Q2 2023 Results Conference Call August 9, 2023 9:00 AM ET Company Participants Richard Leland - Vice President Finance Howard Heckes - President and Chief Executive Officer Russ Tiejema - Executive Vice President and Chief Financial Officer Christopher Ball - President of Global Residential Conference Call Participants Trey Grooms - Stephens Steven Ramsey - Thompson Research Group Tim Wojs - Baird Operator Welcome to Masonite's Second Quarter 2023 Earnings Conference Call. During the presentation, all participant lines will be in a listen-only mode.

Masonite International Corporation (DOOR) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Masonite (DOOR) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Masonite (DOOR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Masonite (DOOR) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $2.58 per share a year ago.

News for Masonite International Stock (DOOR)