---
schema_version: "secwatch.filing_event.v1"
accession: "0001941365-23-000064"
form_type: "8-K"
ticker: "MBC"
cik: "0001941365"
company_name: "MasterBrand, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T17:50:42.612758+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# MasterBrand Q3: Sales $677M (-21% YoY), net income $59.7M (+14%), raises 2023 outlook

## Summary
- Net sales $677.3M, down 21.1% YoY; net income $59.7M, up 14.4% YoY.
- Diluted EPS $0.46 vs pro forma $0.41; adjusted EBITDA $109.8M, margin 16.2% (+153 bps).
- Operating cash flow $336.5M YTD, free cash flow $315.1M; net debt $585M, leverage 1.5x.
- Gross profit margin up 421 bps to 35.1% on lower material/freight costs and productivity.
- Company explicitly increases 2023 financial outlook.

## SEC filing metadata
- accession: 0001941365-23-000064
- form_type: 8-K
- ticker: MBC
- cik: 0001941365
- company_name: MasterBrand, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1941365/000194136523000064/0001941365-23-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1941365/000194136523000064/mbc-20231107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001941365-23-000064
- JSON: https://secwatch.observer/filing/0001941365-23-000064.json
- Plain text: https://secwatch.observer/filing/0001941365-23-000064.txt

## Key facts
- Earnings Releases
  MasterBrand, Inc. reported the fiscal quarter ended September 24, 2023 results: revenue $677.3 million, net income $59.7 million, EPS $0.46. Guidance reaffirmed.
  - Period: the fiscal quarter ended September 24, 2023
  - Revenue: $677.3 million
  - Net income: $59.7 million
  - EPS: $0.46
  - Guidance: reaffirmed
  - Result: reported results
  source text: The information in this Item 2.02 and --- EX-99.1 (EX-99.1) --- MasterBrand Reports Third Quarter 2023 Financial Results • Net sales decreased 21.1% year-over-year to $677.3 million • Net income increased 14.4% year-over-year to $59.7 million • Adjusted EBITDA 1 margin increased 153 basis points year-over-year to 16.2% • Operating cash flow for the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1941365/000194136523000064/0001941365-23-000064-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.