| MasterBrand, Inc. (MBC) Q1 2025 Earnings Call Transcript |
MasterBrand, Inc. (NYSE:MBC ) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Farand Pawlak - Vice President of Investor Relations, Treasury & 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 Welcome to MasterBrand's First Quarter 2025 Earnings Conference Call. During the company's prepared remarks, all participants will be in a listen-only mode. |
seekingalpha.com |
2025-05-07 01:53:43 |
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| MasterBrand Reports First Quarter 2025 Financial Results |
BEACHWOOD, Ohio.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced first quarter 2025 financial results. “End market demand was weaker than anticipated, as a slow start to the Spring selling season negatively impacted our customers servicing the new construction and the repair and remodel markets,” said Dave Banyard, President and Chief Executive Officer. “Softer demand put pressure on. |
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2025-05-06 20:05:00 |
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| MasterBrand to Announce First Quarter 2025 Results on May 6 |
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 2025 financial results after the market close on Tuesday, May 6, 2025. 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.). |
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2025-04-08 20:05:00 |
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| MasterBrand Announces Additional $50 Million Share Repurchase Authorization |
BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that its Board of Directors has authorized a share repurchase program to buy back up to $50 million of the Company's outstanding common stock until March 13, 2028. This is in addition to the existing share repurchase authorization approved in April 2023, under which approximately $21 million remained available for repurc. |
businesswire.com |
2025-03-17 18:05:00 |
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| MasterBrand Cabinets: Macro Uncertainty Top Of Mind |
MasterBrand Cabinets posted a worse-than-expected quarter in Q4, but most of my previous thesis remains intact, structurally speaking. Sales will likely soften further throughout 2025, but between cross-selling opportunities and margin growth initiatives, they can partly offset market headwinds. The bigger valuation worry is just the macro degrading more than expected, but at today's price, I think investors can earn an attractive IRR over time. |
seekingalpha.com |
2025-03-01 02:14:46 |
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| Astellas and MBC BioLabs Announce the Sixth Annual Astellas Future Innovator Prize |
Awardees win a year of access to a prestigious life-science incubator in San Francisco and to Astellas expertise to further their research Award helps biotech start-ups accelerate early drug discovery and research efforts NORTHBROOK, Ill. , Feb. 27, 2025 /PRNewswire/ -- Astellas Pharma U.S. Inc. (Head of Commercial: Mike Petroutsas, "Astellas"), and MBC BioLabs, a premier launchpad for early-stage life-science companies, today announced their collaboration on the Astellas Future Innovator Prize. |
prnewswire.com |
2025-02-27 12:00:00 |
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| MasterBrand, Inc. (MBC) Q4 2024 Earnings Call Transcript |
MasterBrand, Inc. (NYSE:MBC ) Q4 2024 Earnings Conference Call February 18, 2025 4:30 PM ET Company Participants Farand Pawlak - Vice President of Investor Relations, Treasury and Corporate Communications Dave Banyard - President and Chief Executive Officer Andi Simon - Executive Vice President and Chief Financial Officer Conference Call Participants Adam Baumgarten - Zelman & Associates Garik Shmois - Loop Capital Markets Operator Greetings, and welcome to MasterBrand's Fourth Quarter and Full Year 2024 Earnings Conference Call. During the company's prepared remarks, all participants will be in a listen-only mode. |
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2025-02-19 00:00:52 |
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| MasterBrand Reports Fourth Quarter and Full Year 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 fourth quarter and full year 2024 financial results. “End market choppiness increased throughout the holiday season resulting in unanticipated volume declines which delayed the realization of previously implemented price increases and limited our ability to sufficiently flex operations in the quarter,” said Dave Banyard,. |
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2025-02-18 18:05:00 |
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| MasterBrand to Announce Fourth Quarter and Full Year 2024 Results on February 18 |
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 2024 financial results after the market close on Tuesday, February 18, 2025. 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. |
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2025-01-14 18:05:00 |
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| MasterBrand: Market Share Gains And End Market Recovery Should Drive Upside |
MasterBrand: Market Share Gains And End Market Recovery Should Drive Upside |
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2025-01-06 09:13:44 |
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| MasterBrand to Present at BofA Securities Leveraged Finance Conference 2024 |
BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that Andi Simon, Executive Vice President and Chief Financial Officer, will present at BofA Securities Leveraged Finance Conference 2024 in Boca Raton, Florida on Tuesday, December 3, 2024, at 1:30pm Eastern Time. The live webcast and presentation materials will be available on the Investors section of the Company's webs. |
businesswire.com |
2024-11-26 18:05:00 |
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| MasterBrand, Inc. (MBC) Q3 2024 Earnings Call Transcript |
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. |
seekingalpha.com |
2024-11-06 01:00:25 |
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| MasterBrand to Announce Third Quarter 2024 Results on November 5 |
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 (. |
businesswire.com |
2024-10-08 20:05:00 |
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| MasterBrand: Crafting A Comeback |
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%. |
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2024-09-27 11:00:00 |
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| MasterBrand, Inc. (MBC) Q2 2024 Earnings Call Transcript |
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. |
seekingalpha.com |
2024-08-07 00:57:06 |
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| MasterBrand Releases Annual Corporate Sustainability and Responsibility (CSR) Report |
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. |
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2024-08-01 20:05:00 |
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| MasterBrand Cabinets: Undervalued If The Market Stabilizes |
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. |
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2024-07-16 12:43:08 |
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| MasterBrand Completes Acquisition of Supreme Cabinetry Brands |
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. |
businesswire.com |
2024-07-11 11:30:00 |
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| MasterBrand Launches Dealer Designer Council, Gains Customer Insights and Provides Community for Dealer Designers |
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. |
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2024-06-26 12:00:00 |
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| 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 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. |
businesswire.com |
2024-06-20 17:58:00 |
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| MasterBrand, Inc. Announces Intention to Offer $700 Million 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. |
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2024-06-17 11:38:00 |
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| MasterBrand Adds Catherine Courage to Board of Directors |
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. |
businesswire.com |
2024-06-10 20:05:00 |
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| City of Hope Researchers to Present Investigational Treatments for Colorectal, Kidney and Blood Cancers at 2024 American Society of Clinical Oncology (ASCO) Annual Meeting |
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. |
businesswire.com |
2024-05-23 21:00:00 |
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| MasterBrand to Acquire Supreme Cabinetry Brands, a Manufacturer of Premier Cabinet Brands |
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. |
businesswire.com |
2024-05-21 11:00:00 |
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| MasterBrand, Inc. (MBC) Q1 2024 Earnings Call Transcript |
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. |
seekingalpha.com |
2024-05-11 06:22:07 |
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| MasterBrand Reports First 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 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. |
businesswire.com |
2024-05-07 20:05:00 |
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| 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 |
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. |
businesswire.com |
2024-05-02 13:00:00 |
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| What Is the Best $20 Stock to Buy in April? 3 Top Picks. |
Knowing your choices can help you make the right decisions when buying the best $20 stocks for April. According to Finviz.com, there are only three stocks in the Nasdaq 100 under $20 and 22 stocks in the S&P 500. |
investorplace.com |
2024-04-26 10:39:00 |
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| MasterBrand to Announce First Quarter 2024 Results on May 7 |
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.). |
businesswire.com |
2024-04-10 20:05:00 |
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| MasterBrand Adds Patrick Shannon to Board of Directors |
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. |
businesswire.com |
2024-03-27 18:05:00 |
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