secwatch.observer — SEC 8-K summary
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Issuer:     MasterBrand, Inc. (MBC)
CIK:        0001941365
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001941365-24-000094
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasterBrand Q2 net sales down 2.7% to $676.5M; adj EBITDA margin up 20bps to 15.5%
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- Net sales $676.5M (-2.7% YoY); net income $45.3M vs $51.2M; diluted EPS $0.35 vs $0.39.
- Adjusted EBITDA $105.1M; adjusted EBITDA margin 15.5% (+20bps YoY).
- Adjusted diluted EPS $0.45 vs $0.44, benefiting from updated amortization exclusion.
- Operating cash flow $96.1M; free cash flow $77.8M for 26 weeks ended June 30, 2024.
- Company increased 2024 financial outlook following closure of Supreme Cabinetry Brands acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1941365/000194136524000094/0001941365-24-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1941365/000194136524000094/mbc-20240806.htm
  HTML page:      https://secwatch.observer/filing/0001941365-24-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer