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.

MasterBrand Inc. (MBC) Q4 2023 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 fourth quarter and full year 2023 financial results. “We delivered another solid quarter, finishing off a strong first year as a standalone public company. With net sales at the high-end of our internal expectations, and our operations performing well, we were able to achieve our fifth consecutive quarter of year-over-ye.

MasterBrand Reports Fourth Quarter and Full Year 2023 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 fourth quarter and full year 2023 financial results after the market close on Monday, February 26, 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 (.

MasterBrand to Announce Fourth Quarter and Full Year 2023 Results on February 26

MasterBrand, a provider of cabinetry products, is a solid value play in the market. The company has achieved attractive growth in recent years, but has experienced decline in revenue and cash flows in 2023. Despite the weakness, shares of MasterBrand are attractively priced and offer upside potential, making it a 'buy' rating.

MasterBrand: An Attractive Play On Long-Term Growth Despite Recent Pain

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When it comes to housing, the markets are still bearish. Interest rates are still high, and players wait for an early rate cut before moving.

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MasterBrand has outperformed the market and is expected to see its revenue bottom next year due to the end of retail inventory destocking and easier year-over-year comparisons. The company's margins are improving and are expected to continue to do so with cost savings and productivity initiatives. The stock is trading at a discount compared to its peer American Woodmark and has good long-term growth prospects, leading to a buy rating.

MasterBrand: The Uptrend Should Continue

CLEVELAND--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), North America's largest manufacturer of residential cabinets, has announced plans to locate its corporate headquarters in Beachwood, Ohio. “Beachwood was selected due to several factors, including its location in relation to our operations, the thriving business community, and access to talent,” said Dave Banyard, President & Chief Executive Officer, MasterBrand. “We look forward to opening our headq.

MasterBrand, Inc. to Locate Corporate Headquarters Near Cleveland

MasterBrand Inc. (NYSE:MBC ) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Andrea H. Simon - Executive VP & CFO Farand Pawlak - VP of IR & External Communications R.

MasterBrand Inc. (MBC) Q3 2023 Earnings Call Transcript

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced third quarter 2023 financial results. “We are pleased to report another solid quarter of financial performance. Demand was once again in line with our expectations, and our strategic initiatives continued to deliver adjusted EBITDA performance in advance of our estimates,” said Dave Banyard, President and Chief Executive Of.

MasterBrand Reports Third Quarter 2023 Financial Results

JASPER, Ind.--(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 2023 financial results after the market close on Tuesday, November 7, 2023. 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 Third Quarter 2023 Results on November 7

While MasterBrand faces near-term revenue challenges due to economic uncertainty, its growth initiatives position it well for long-term growth. The company was able to improve margins in Q2 2023 despite lower sales. The company's focus on cost-saving initiatives and automation should support long-term margin growth.

MasterBrand: Good Long-Term Prospects At An Attractive Valuation

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will be participating in Habitat for Humanity's 2023 Jimmy and Rosalynn Carter Work Project and will serve as the project's exclusive cabinet provider. “MasterBrand believes in giving back to our local communities. That is why our associates participate in Habitat for Humanity events from coast to coast—and some have don.

MasterBrand Announces Participation in Habitat for Humanity's 37th Carter Work Project

JASPER, Ind.--(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 participate in Zelman's 2023 Virtual Housing Summit on September 21, 2023. The Company will host virtual investor meetings throughout the day. About MasterBrand: MasterBrand, Inc. (NYSE: MBC).

MasterBrand Announces Participation in Zelman's 2023 Virtual Housing Summit

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, has been named one of America's Safest Companies by EHS Today, the leading publication for safety professionals in the United States. “We are thrilled to be recognized as one of America's Safest Companies by EHS Today. As a leader in our industry, we feel that safety is not just an aspirational goal, it is the core way of working across ou.

MasterBrand Named as One of America's Safest Companies by EHS Today

MasterBrand, Inc. (NYSE:MBC ) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Farand Pawlak - VP, IR and Corporate Communications Dave Banyard - President and CEO Andi Simon - EVP and CFO Conference Call Participants Adam Baumgarten - Zelman & Associates Garik Shmois - Loop Capital Markets Tom Mahoney - Cleveland Research Operator Welcome to MasterBrand Second Quarter 2023 Earnings Conference. [Operator Instructions] Please note that this conference call is being recorded.

MasterBrand, Inc. (MBC) Q2 2023 Earnings Call Transcript

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced second quarter 2023 financial results. “The team's continued execution on our three key strategic initiatives, and our disciplined use of The MasterBrand Way, drove our strong results in the second quarter. Net sales met our expectations and adjusted EBITDA and net cash provided by operating activities outperformed our esti.

MasterBrand Reports Second Quarter 2023 Financial Results

MasterBrand is expected to benefit from a potential housing market recovery next year as well as strong market position and favorable long-term tailwinds. The company's margin is expected to benefit from proactive pricing strategies and cost-reduction initiatives. The company is executing well with its "Align to Grow" initiatives.

MasterBrand: Good Execution And End Markets Bottoming Make It A Buy

JASPER, Ind.--(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 2023 financial results after the market close on Tuesday, August 8, 2023. 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 Second Quarter 2023 Results on August 8

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today released the Company's inaugural Environmental, Social and Governance (ESG) Report. The report provides an overview of MasterBrand's ESG progress in many areas and showcases the ways the Company is living its mission to be a responsible steward of resources. “Being a leader in our industry comes with an even greater responsibility to.

MasterBrand Releases Inaugural Environmental, Social and Governance (ESG) Report

MasterBrand, Inc. (NYSE:MBC ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 AM ET Company Participants Farand Pawlak - Vice President of Investor Relations & Corporate Communication Dave Banyard - President & Chief Executive Officer Andi Simon - Executive Vice President & Chief Financial Officer Conference Call Participants Adam Baumgarten - Zelman Garik Shmois - Loop Capital Markets Operator Welcome to MasterBrand's First Quarter 2023 Earnings Conference Call. During the company's prepared remarks, all participants will be in a listen-only mode.

MasterBrand, Inc. (MBC) Q1 2023 Earnings Call Transcript

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company”, or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced first quarter 2023 financial results. “We delivered stronger than expected sales in the first quarter, as we benefited from more resilient demand across our customers servicing the new construction end market. This top-line performance, along with the flexibility of our manufacturing network and further progress on our thre.

MasterBrand Reports First Quarter 2023 Financial Results

JASPER, Ind.--(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 2023 financial results after the market close on Tuesday, May 9, 2023. 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 2023 Results on May 9

MasterBrand Inc. (NYSE:MBC ) Q4 2022 Results Conference Call March 7, 2023 4:30 PM ET Company Participants Farand Pawlak - Vice President of Investor Relations and Corporate Communication Dave Banyard - President and Chief Executive Officer Andi Simon - Executive Vice President and Chief Financial Officer Conference Call Participants Adam Baumgarten - Zelman Garik Shmois - Loop Capital Markets Tom Mahoney - Cleveland Research Tim Wojs - Baird Operator Welcome to MasterBrand's Fourth Quarter and Full Year 2022 Earnings Conference Call. [Operator Instructions] Please note that this conference call is being recorded.

MasterBrand Inc. (MBC) Q4 2022 Earnings Call Transcript

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company”, or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced fourth quarter and full year 2022 financial results. “I am pleased with our strong finish in 2022, with another quarter of solid financial and operational performance,” said Dave Banyard, President and Chief Executive Officer.

MasterBrand Reports Fourth Quarter and Full Year 2022 Financial Results

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand will release its fourth quarter and full year 2022 financial results after the market close on Tuesday, March 7, 2023.

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