{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-23-018225","form_type":"8-K","ticker":"MBC","cik":"0001941365","company_name":"MasterBrand, Inc.","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.476026+00:00","generated_at":"2026-06-18T10:39:03.773864+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"MasterBrand Q4 net sales +5% to $784M; FY adj. EBITDA +29%; guides mid-teen sales decline in 2023","bullets":["Q4 net sales $784.4M (+5% YoY); net income $15.4M, down 56% due to $25M separation costs, $21M restructuring, $20M trade name impairments.","Full year net sales $3.3B (+15% YoY); net income $155.4M (down 15%); adjusted EBITDA $411.4M (+29% YoY).","Q4 adjusted EPS $0.52 vs $0.32 pro forma prior year; full year adjusted EPS $2.02 vs $1.56.","2023 outlook: net sales decline mid-teens; adjusted EBITDA $305-335M (~11-12% margin).","Operating cash flow $235.6M; free cash flow $179.7M; net debt to adj. EBITDA 2.1x."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-23-018225","json":"https://secwatch.observer/filing/0001213900-23-018225.json","markdown":"https://secwatch.observer/filing/0001213900-23-018225.md","text":"https://secwatch.observer/filing/0001213900-23-018225.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1941365/000121390023018225/0001213900-23-018225-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1941365/000121390023018225/ea174801-8k_master.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T10:39:03.773864+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b9ec08898647a544f2bc918d115591ec22a92ac8","claim":"MasterBrand, Inc. reported the year ended December 25, 2022 results: revenue $3.3 billion, net income $155.4 million, EPS $1.20. Guidance initiated.","evidence_excerpt":"Exhibit 99.1 MasterBrand Reports Fourth Quarter and Full Year 2022 Financial Results ● 4Q and full year 2022 net sales increased 5% and 15% year-over-year to $784.4 million and $3.3 billion, respectively ● 4Q and full year 2022 net income were $15.4 million and $155.4 million, respectively ● 4Q and full year 2022 adjusted EBITDA* increased 47% and 29% year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1941365/000121390023018225/0001213900-23-018225-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 25, 2022"},{"label":"Revenue","value":"$3.3 billion"},{"label":"Net income","value":"$155.4 million"},{"label":"EPS","value":"$1.20"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}