secwatch.observer — SEC 8-K summary
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Issuer:     MASONITE INTERNATIONAL CORP (—)
CIK:        0000893691
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0000893691-24-000025
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masonite Q1 net sales $668M (-8%), adj EPS $1.29 (-31%); pending sale of Architectural; Owens Corning deal approved
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- Net sales $668M (-8% YoY); GAAP diluted EPS $2.74 (+60%) on net income $61M; adjusted EPS $1.29 (-31%).
- Adjusted EBITDA $97M (-9% YoY); margin 14.5% vs 14.6% prior year.
- Shareholders approved pending acquisition by Owens Corning; closing expected in H2 2024.
- Company announced pending sale of Architectural segment to sharpen focus on residential markets.
- Fleetwood acquisition integration on track; disciplined price-cost management supported residential margins.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/893691/000089369124000025/0000893691-24-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/893691/000089369124000025/door-20240506.htm
  HTML page:      https://secwatch.observer/filing/0000893691-24-000025

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