MasterBrand Inc

Masterbrand Inc. engages in the provision of residential cabinetry products for the kitchen, bathroom, and other parts of the home. Its products include the following categories of the cabinets market: Stock, Semi-Custom & Premium. The company is headquartered in Jasper, IN.

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

MasterBrand Inc (MBC) reports operational efficiency and growth optimism

MasterBrand Inc (MBC) showcased operational efficiency and strategic investments in Q2 2023.
Despite challenges in the repair and remodel market, the company is optimistic about growth outcomes.
Focused on driving growth through market share expansion and ongoing strategic initiatives.

MasterBrand Inc reports Q3 profit growth amidst market challenges

MasterBrand Inc's Q3 performance reflects challenges in sales decline but notable improvements in profitability and operational efficiency, supported by strong cash flow and balance sheet.
The company's strategic strengths in supply chain, tech investments, and market resilience position it well for growth despite challenges in the retail and remodeling markets.
Opportunities in lean culture, capital deployment, and scenario planning offer avenues for continued growth and adaptation in the face of market uncertainties and unique cash outflows.

MasterBrand Inc (MBC) exceeds Q4 expectations, eyes growth opportunities

MasterBrand Inc (MBC) navigated challenges in Q4 2023 with resilience, focusing on growth opportunities and strategic consumer engagement. Despite market declines expected in 2024, the company remains optimistic about its performance and outlook. With a strong emphasis on high-end products and operational efficiency, MasterBrand aims to sustain its competitive edge.

MasterBrand Inc reports Q1 2024 results, focuses on efficiency and growth

MasterBrand Inc (MBC) navigated challenges in Q1 2024 with a focus on operational efficiency and strategic initiatives. Despite a decline in net sales, the company saw improvements in margin, net income, and revenue. Investments in tech-enabled solutions and growth plans position MasterBrand for long-term success.
Addressing supply chain disruptions, rising raw material costs, and market demand variations are key focus areas for maintaining profitability and driving growth. Balancing opportunities in the U.S. single-family new construction market with challenges in the repair and remodel market is crucial for sustained performance.

MasterBrand Inc reports Q2 decline, eyes growth post-acquisition

MasterBrand Inc's Q2 2024 performance saw a decline in net sales but strong EBITDA and strategic acquisitions.
Challenges include lower free cash flow YoY and soft market demand in repair and remodel segments.
Opportunities lie in cost synergies post-acquisition, market pricing model adjustments, and growth from Supreme acquisition.
Overall, the company aims for modest net sales growth and enhanced EBITDA for the full year 2024.

MasterBrand Inc (MBC) reports robust Q3 performance amidst market challenges

MasterBrand Inc (MBC) delivered a solid performance in Q3 2024, driven by revenue growth and operational efficiency.
While facing challenges in certain market segments, the company is focused on capitalizing on opportunities for growth.
Maintaining resilience amidst economic uncertainties and supply chain risks positions MasterBrand for sustainable performance.
Strategic adjustments and efficient inventory management are key focus areas for future success.

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MasterBrand, Inc. engages in the business of manufacturing residential cabinets. Its product portfolio includes residential cabinetry products for the kitchen, bathroom, and other parts of the home. The company was founded in June 1954 and is headquartered in Beachwood, OH.

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Dave Banyard, President and Chief Executive Officer, and Andi Simon, Executive Vice President and Chief Financial Officer, will present at Baird's Global Industrial Conference in Chicago on Tuesday, November 12, 2024, at 1:45pm Central Time. The presentation will be webcast live on the Investors section of the Compa.

MasterBrand to Present at Baird's Global Industrial Conference

MasterBrand, Inc. (NYSE:MBC ) Q3 2024 Earnings Conference Call November 5, 2024 4:30 PM ET Company Participants Farand Pawlak - Vice President of Investor Relations, Treasury and Corporate Communications Dave Banyard - President & Chief Executive Officer Andi Simon - Executive Vice President & Chief Financial Officer Conference Call Participants Garik Shmois - Loop Capital Markets Adam Baumgarten - Zelman & Associates Tom Mahoney - Cleveland Research Operator Greetings and welcome to the MasterBrand's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

MasterBrand, Inc. (MBC) Q3 2024 Earnings Call Transcript

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced third quarter 2024 financial results. “We are pleased to announce that our third quarter financial performance was in-line with our expectations, as we continued to navigate choppiness in our end markets,” said Dave Banyard, President and Chief Executive Officer. “Our associates performed at an exceptionally high level i.

MasterBrand Reports Third Quarter 2024 Financial Results

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 third quarter 2024 financial results after the market close on Tuesday, November 5, 2024. 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 (.

MasterBrand to Announce Third Quarter 2024 Results on November 5

MasterBrand is a leading North American cabinetry manufacturer, showing stable revenue growth despite FY23 challenges, and has improved margins through strategic initiatives and cost-saving measures. The acquisition of Supreme Cabinetry Brands enhances MBC's premium offerings and distribution, positioning it for growth as the housing market recovers due to Federal Reserve rate cuts. Management has increased the 2024 outlook, expecting a low single-digit YoY increase and adjusted EBITDA margin within 14.0% to 14.5%.

MasterBrand: Crafting A Comeback

MasterBrand, Inc. (NYSE:MBC ) Q2 2024 Results Conference Call August 6, 2024 4:30 PM ET Company Participants Farand Pawlak - VP, IR, Treasury and Corporate Communications Dave Banyard - President, CEO Andi Simon - EVP, CFO Conference Call Participants Garik Shmois - Loop Capital Markets Adam Baumgarten - Zelman & Associates Tom Mahoney - Cleveland Research Operator Welcome back to MasterBrand's Second Quarter 2024 Earnings Conference Call. We appreciate your patience this afternoon following a brief severe weather delay due to a tornado warning in the Cleveland area.

MasterBrand, Inc. (MBC) Q2 2024 Earnings Call Transcript

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, has postponed its second quarter 2024 financial results live conference call by one hour due to severe weather in the Cleveland area. The Company will now hold a live conference call and webcast at 5:30 p.m. ET. Telephone access to the live call will be available at (877) 407-4019 (U.S.) or by dialing (201) 689-8337 (international). The.

MasterBrand Reschedules Second Quarter 2024 Earnings Conference Call to 5:30pm ET on August 6, 2024

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced second quarter 2024 financial results. “MasterBrand delivered another solid quarter of financial performance, with continued year-over-year adjusted EBITDA margin expansion and strong free cash flow,” said Dave Banyard, President and Chief Executive Officer. “Our performance is again the result of our associates' dedicat.

MasterBrand Reports Second Quarter 2024 Financial Results

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today released the Company's annual Corporate Sustainability and Responsibility (CSR) Report. This report marks the second year the Company provided an overview of MasterBrand's progress in many areas of sustainability and responsibility, including stewardship of its resources, the well-being of associates and an industry-leading corpor.

MasterBrand Releases Annual Corporate Sustainability and Responsibility (CSR) Report

MasterBrand Cabinets (MBC) stock price, similar to AMWD, is down double-digits since the early part of 2024. While Q1 sales were down sequentially and on a year-over-year basis, it does appear that their end-markets are seeing relatively stable demand on a go-forward basis. Should that condition hold, MBC has room for more upside, particularly if they can extract even a small amount of the announced synergies from their newly acquired Superior Cabinetry.

MasterBrand Cabinets: Undervalued If The Market Stabilizes

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), through its subsidiary MasterBrand Cabinets LLC, today announced that it has completed its acquisition of Supreme Cabinetry Brands, Inc. (“Supreme”), a highly regarded cabinetry company, from GHK Capital Partners LP (“GHK”) for $520 million in cash. “Today is an important day as Supreme joins MasterBrand,” said Dave Banyard, President and Chief Executive Officer of MasterBrand. “The completion of t.

MasterBrand Completes Acquisition of Supreme Cabinetry Brands

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 2024 financial results after the market close on Tuesday, August 6, 2024. 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.

MasterBrand to Announce Second Quarter 2024 Results on August 6

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc., (NYSE: MBC, the “Company,” or “MasterBrand”) the largest residential cabinet manufacturer in North America, recently launched the MasterBrand Dealer Designer Council. Comprised of nine industry insiders, this council will offer members an opportunity to share insights into the latest trends and the buying habits of consumers while gaining the support of a community of successful dealer designers with whom to collaborate. “We are thrilled to k.

MasterBrand Launches Dealer Designer Council, Gains Customer Insights and Provides Community for Dealer Designers

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company”) today announced that it has priced its previously announced notes offering (the “Offering”) and has agreed to issue and sell $700 million aggregate principal amount of 7.00% Senior Notes due 2032 (the “Notes”). The Notes are expected to settle on or around June 27, 2024, subject to customary closing conditions. The Notes will be the Company's unsecured and unsubordinated debt obligations and will be guaranteed, on a.

MasterBrand, Inc. Announces Pricing of Previously Announced Offering of $700 million of Senior Notes due 2032

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company”) today announced that it intends, subject to market and other customary conditions, to offer (the “Offering”) $700 million aggregate principal amount of Senior Notes due 2032 (the “Notes”), to be issued by the Company and guaranteed on a senior unsecured basis by the subsidiaries that guarantee the Company's credit facility. The Company intends to use the net proceeds from the Offering, together with borrowings under.

MasterBrand, Inc. Announces Intention to Offer $700 Million Senior Notes Due 2032

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Catherine Courage was appointed to the Company's Board of Directors effective as of June 6, 2024. “We are pleased to announce Catherine's appointment to our Board of Directors,” said Dave Banyard, President and Chief Executive Officer. “MasterBrand will benefit from Catherine's extensive background in technology and.

MasterBrand Adds Catherine Courage to Board of Directors

LOS ANGELES--(BUSINESS WIRE)--World-renowned physicians and researchers from City of Hope®, one of the largest cancer research and treatment organizations in the United States, will present new data and offer expert perspectives on leading-edge cancer research and treatments in development at the 2024 ASCO Annual Meeting, which will take place in Chicago from May 31 to June 4. Highlights include the following: 2024 Best of ASCO® program: New data on mismatched unrelated donor peripheral blood s.

City of Hope Researchers to Present Investigational Treatments for Colorectal, Kidney and Blood Cancers at 2024 American Society of Clinical Oncology (ASCO) Annual Meeting

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), through its subsidiary MasterBrand Cabinets, LLC, has agreed to acquire Supreme Cabinetry Brands, Inc. (“Supreme”), a highly regarded cabinetry company, from GHK Capital Partners LP (“GHK”) for $520 million in cash. Pre-synergies, the purchase price represents a multiple of approximately 8.9x Supreme's adjusted EBITDA1 for the twelve months ending March 31, 2024, inclusive of $25 million net presen.

MasterBrand to Acquire Supreme Cabinetry Brands, a Manufacturer of Premier Cabinet Brands

MasterBrand, Inc. (NYSE:MBC ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Farand Pawlak - VP of IR and Corporate Communications Dave Banyard - President and CEO Andi Simon - EVP and CFO Conference Call Participants Adam Baumgarten - Zelman and Associates Garik Shmois - Loop Capital Markets Tom Mahoney - Cleveland Research Operator Welcome to MasterBrand's First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note that this conference call is being recorded.

MasterBrand, Inc. (MBC) Q1 2024 Earnings Call Transcript

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced first quarter 2024 financial results. “We delivered a solid quarter of results to start the year, with continued year-over-year adjusted EBITDA margin expansion and strong first quarter free cash flow,” said Dave Banyard, President and Chief Executive Officer. “We are pleased to see the year progressing largely in line w.

MasterBrand Reports First Quarter 2024 Financial Results

LOS ANGELES--(BUSINESS WIRE)--World-renowned physicians and researchers from City of Hope®, one of the largest cancer research and treatment organizations in the United States, will present new findings and offer expert perspectives on leading-edge cancer research and treatment development at the ASCO Annual Meeting 2024, which will take place in Chicago from May 31 to June 4. In total, City of Hope experts will present at 64 sessions, including oral abstracts, rapid oral abstracts, clinical sc.

City of Hope to Present New Research at the American Society of Clinical Oncology (ASCO) Annual Meeting 2024, Highlighting Promising Data on Stem Cell Transplantation, Blood Cancers and Supportive Care Oncology Interventions

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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 2024 financial results after the market close on Tuesday, May 7, 2024. 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.).

MasterBrand to Announce First Quarter 2024 Results on May 7

CLEVELAND--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Patrick Shannon was appointed to the Company's Board of Directors effective immediately. “Patrick is a seasoned executive with extensive financial leadership experience and a track record of operational excellence,” said Dave Banyard, President and Chief Executive Officer. “We are pleased to add Patrick to our Board and l.

MasterBrand Adds Patrick Shannon to Board of Directors

MasterBrand Inc. (MBC) Q4 2023 Earnings Call Transcript

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