Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
09 December 2022Website:
http://www.masterbrand.comNext earnings report:
05 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Mon, 04 Nov 2024 23:00:06 GMTDividend
Analysts recommendations
Institutional Ownership
MBC Latest News
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 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%.
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.
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.
Being informed about your options can assist you in selecting the most suitable $20 stocks for April. As per Finviz.com, there are just three stocks in the Nasdaq 100 priced under $20 and 22 stocks in the S&P 500.
MasterBrand CEO Dave Banyard sits down with 'Mad Money' host Jim Cramer to talk its distribution network, free cash flow, investments in tech and much more.
MasterBrand Inc. (MBC) Q4 2023 Earnings Call Transcript
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 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.
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.
What type of business is MasterBrand?
MasterBrand, Inc. engages in the manufacture and sale of residential cabinets in the United States and Canada. The company offers a range of residential cabinetry products for the kitchen, bathroom, and other parts of the home. It sells its products to remodeling and new construction markets through dealers, retailers, and builders. The company was formerly known as United Cabinet Incorporated. MasterBrand, Inc. was founded in 1954 and is headquartered in Beachwood, Ohio.
What sector is MasterBrand in?
MasterBrand is in the Consumer Cyclical sector
What industry is MasterBrand in?
MasterBrand is in the Furnishings, Fixtures & Appliances industry
What country is MasterBrand from?
MasterBrand is headquartered in United States
When did MasterBrand go public?
MasterBrand initial public offering (IPO) was on 09 December 2022
What is MasterBrand website?
https://www.masterbrand.com
Is MasterBrand in the S&P 500?
No, MasterBrand is not included in the S&P 500 index
Is MasterBrand in the NASDAQ 100?
No, MasterBrand is not included in the NASDAQ 100 index
Is MasterBrand in the Dow Jones?
No, MasterBrand is not included in the Dow Jones index
When was MasterBrand the previous earnings report?
No data
When does MasterBrand earnings report?
The next expected earnings date for MasterBrand is 05 November 2024