earnings
confidence high
sentiment negative
materiality 0.75
MasterBrand Q4 net sales $667.7M (-1% YoY); net income down 61% to $14.0M; introduces 2025 outlook
MasterBrand, Inc.
2024-FY EPS reported
$0.96
revenue$2,700,400,000
- Q4 net sales $667.7M (down 1% YoY); full year $2.7B (down 1%). Volume decline of 6% and lower ASP of 4%.
- Q4 net income $14.0M (down 61%); full year $125.9M (down 31%). Diluted EPS $0.11 vs $0.28 prior year.
- Q4 adjusted EBITDA margin 11.2% (down 150 bps); full year 13.5% (down 60 bps). Adjusted diluted EPS $0.21 vs $0.35.
- Supreme acquisition contributed 9% to Q4 net sales. Operating cash flow $292.0M; free cash flow $211.1M.
- CEO cites unanticipated volume declines and market choppiness; company introduces 2025 financial outlook.