secwatch.observer — SEC 8-K summary
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Issuer:     MasterBrand, Inc. (MBC)
CIK:        0001941365
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0001941365-24-000116
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MasterBrand Q3 sales up 6% to $718M, net income down 51% to $29.1M
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- Net sales $718.1M (+6% YoY) driven by Supreme acquisition (9% contribution); lower ASP (-3%) partially offset.
- Net income $29.1M (margin 4.1%) vs $59.7M (8.8%) last year, down 51.3% due to acquisition costs, lower margins, restructuring, and higher interest.
- Adjusted EBITDA $104.5M (margin 14.6% down 160bps) vs $109.8M (16.2%) last year.
- Diluted EPS $0.22; adjusted diluted EPS $0.40 vs $0.49 prior year.
- Reiterated 2024 financial outlook; Supreme acquisition integration progressing as planned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1941365/000194136524000116/0001941365-24-000116-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1941365/000194136524000116/mbc-20241105.htm
  HTML page:      https://secwatch.observer/filing/0001941365-24-000116

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