{"schema_version":"secwatch.filing_event.v1","accession":"0001941365-24-000066","form_type":"8-K","ticker":"MBC","cik":"0001941365","company_name":"MasterBrand, Inc.","filed_at":"2024-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.264839+00:00","generated_at":"2026-06-02T21:00:38.668624+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"MasterBrand Q1: net sales $638M (-5.7%), net income $37.5M (+7.1%); reiterates 2024 outlook","bullets":["Net sales down 5.7% YoY to $638.1M; net income up 7.1% to $37.5M ($0.29 diluted EPS vs $0.27).","Adjusted EBITDA margin improved 40 bps to 12.4%; adjusted diluted EPS $0.29 vs $0.28.","Gross profit margin expanded 190 bps to 32.1% on cost savings offsetting lower pricing and inflation.","Operating cash flow of $18.7M and free cash flow of $11.7M for the first quarter.","Company reiterates full-year 2024 financial outlook; CEO cites progress on strategic initiatives."],"urls":{"canonical":"https://secwatch.observer/filing/0001941365-24-000066","json":"https://secwatch.observer/filing/0001941365-24-000066.json","markdown":"https://secwatch.observer/filing/0001941365-24-000066.md","text":"https://secwatch.observer/filing/0001941365-24-000066.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1941365/000194136524000066/0001941365-24-000066-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1941365/000194136524000066/mbc-20240507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T21:00:38.668624+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":"b87225b44d7d01400b0e778194fab562d6c4fb31","claim":"MasterBrand, Inc. reported the fiscal quarter ended March 31, 2024 results: revenue $638.1 million, net income $37.5 million, EPS $0.29. Guidance reaffirmed.","evidence_excerpt":"The information in this Item 2.02 and --- EX-99.1 (EX-99.1) --- MasterBrand Reports First Quarter 2024 Financial Results • Net sales decreased 5.7% year-over-year to $638.1 million • Net income was $37.5 million compared to $35.0 million in the prior year • Adjusted EBITDA 1 margin increased 40 basis points year-over-year to 12.4% • Diluted earnings per","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1941365/000194136524000066/0001941365-24-000066-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2024"},{"label":"Revenue","value":"$638.1 million"},{"label":"Net income","value":"$37.5 million"},{"label":"EPS","value":"$0.29"},{"label":"Guidance","value":"reaffirmed"},{"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"}