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MasterBrand, Inc. (MBC) is a leading manufacturer of wood kitchen cabinets, providing a comprehensive range of cabinet solutions for residential use. The company specializes in both in-stock and special-order cabinetry series, catering to the diverse needs of homeowners and builders across North America.
MasterBrand's extensive portfolio includes cabinets for kitchens, bathrooms, and various other living spaces, ensuring style and functionality for every part of the home. They distribute their high-quality products through three main channels: dealers, retailers, and builders, reaching customers throughout the United States and Canada.
In recent years, MasterBrand has achieved significant milestones, including successful product launches and strategic partnerships. Their commitment to innovation and quality has solidified their reputation as a trusted name in the cabinetry industry.
Financially, MasterBrand is robust, with strong revenue streams driven by consistent market demand and a well-established distribution network. The company's focus on sustainable practices and customer satisfaction further strengthens its market position.
Stay informed about MasterBrand, Inc. for the latest updates on their performance, new developments, and industry events.
MasterBrand, Inc. (NYSE: MBC), the largest residential cabinet manufacturer in North America, will release its first quarter 2023 financial results on Tuesday, May 9, 2023, after market close. The company will host a live conference call at 4:30 p.m. ET to discuss these results and their business outlook. Interested parties can access the call by phone or through a webcast on the MasterBrand website. A replay will be available shortly after the call and will last until May 23, 2023. MasterBrand offers a diverse range of cabinetry products and operates over 20 manufacturing facilities with a network of more than 4,500 dealers. The company's strong market position may offer valuable insights into the residential cabinetry sector for investors.
MasterBrand, Inc. (NYSE: MBC) reported robust financial results for Q4 and full year 2022, with net sales rising by 5% to $784.4 million and by 15% to $3.3 billion year-over-year. However, net income fell by 56% for Q4, totaling $15.4 million, attributed to significant separation, restructuring costs, and impairments. Adjusted EBITDA saw a substantial increase of 47% in Q4, reaching $97.8 million. For 2023, the company anticipates a mid-teens decline in net sales and adjusted EBITDA between $305 million to $335 million. Despite the challenges, the firm maintains confidence in its operational strategies and balance sheet flexibility.
MasterBrand, Inc. (NYSE: MBC), North America's largest residential cabinet manufacturer, will release its fourth quarter and full year 2022 financial results on March 7, 2023, after market close. A live conference call will follow at 4:30 p.m. ET to discuss the results and business outlook. Interested parties can access the call at (877) 407-4019 (U.S.) or (201) 689-8337 (international) or via the company’s website. A replay will be available for one hour post-call until March 21, 2023. MasterBrand offers a wide range of cabinetry products and has over 14,000 associates across more than 20 manufacturing facilities.
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