Highest-materiality recent filing
Exchange ratio: 5.150 MasterBrand shares per American Woodmark share; ~77M MBC shares issued.
MasterBrand receives FTC clearance for American Woodmark merger; close set for May 28
FTC closed its investigation of MasterBrand's proposed merger with American Woodmark on May 22, 2026.
MasterBrand posts Q1 net loss of $15.4M; sales down 6.4% YoY to $618M
Net loss of $15.4M vs net income of $13.3M in Q1 2025; diluted EPS loss of $0.12.
MasterBrand expands board to 11, names three new directors pending merger close in Q2 2026
Board increased from 8 to 11; Andrew Cogan, Philip Fracassa, Daniel Hendrix appointed effective at merger close.
MasterBrand amends credit agreement to ease covenants ahead of planned merger with American Woodmark
Second Amendment adds new pricing tier and relaxes net leverage and interest coverage covenants until Jan 1, 2027 or merger close.
MasterBrand Q4 net loss $42M; adjusted EPS $(0.02); introduces 2026 cost savings of $30M
Q4 net sales $644.6M (-3.5% YoY); net loss margin (6.5)% vs 2.1% prior year.
On Nov 7, 2025, each company received a Second Request from the FTC under the HSR Act.
MasterBrand Q3 net sales down 2.7%, EPS $0.14; adjusted EPS $0.33; outlook updated
Net sales $698.9M (-2.7% YoY); net income $18.1M (-37.8% YoY); margin 2.6% vs 4.1%.
MasterBrand and American Woodmark merger receives shareholder approval; awaits antitrust clearance
MasterBrand stockholders voted overwhelmingly to approve issuance of common stock to American Woodmark holders: 107.9M for, 0.2M against.
MasterBrand voluntarily supplements proxy disclosures to resolve litigation over merger info
MasterBrand and American Woodmark received demand letters and three lawsuits alleging proxy omissions in the merger proxy filed Sept 2025.
MasterBrand gets Mexican nod for American Woodmark deal; refiles HSR to extend FTC review
Mexico's Federal Competition Commission approved the merger on October 3, 2025.
Exchange ratio: 5.150 MasterBrand shares per American Woodmark share; merger expected to close by August 5, 2026.
MasterBrand releases 2024 CSR report; reports 18% drop in Scope 1&2 emissions, OSHA rate 0.64
OSHA recordable rate improved to 0.64, less than one-quarter of industry average of 3.1.
Bylaws amended effective June 4, 2025; advance notice provisions updated and a related defined term modified.
MasterBrand Q1 net income falls 65% to $13.3M; adjusts FY 2025 outlook
Net sales up 3% YoY to $660.3M; net income down 65% to $13.3M; diluted EPS $0.10 (vs $0.29).
MasterBrand authorizes $50M share repurchase program, additional to existing $21M authorization
New $50M share repurchase program authorized until March 13, 2028; supplements $21M remaining under prior authorization expiring April 23, 2025.
MasterBrand Q4 net sales $667.7M (-1% YoY); net income down 61% to $14.0M; introduces 2025 outlook
Q4 net sales $667.7M (down 1% YoY); full year $2.7B (down 1%). Volume decline of 6% and lower ASP of 4%.
MasterBrand posts slide deck for BofA conference; no specific disclosures provided
MasterBrand furnished a slide presentation for the BofA Securities Leveraged Finance Conference on December 3, 2024.
MasterBrand Q3 sales up 6% to $718M, net income down 51% to $29.1M
Net sales $718.1M (+6% YoY) driven by Supreme acquisition (9% contribution); lower ASP (-3%) partially offset.
MasterBrand files Dura FY2023 financials; $253.4M revenue, $6.9M net income
MasterBrand completed $520M cash acquisition of Dura on July 10, 2024; this amendment provides required financial statements.
MasterBrand amends bylaws to update advance notice disclosure requirements
Board adopted amended and restated bylaws effective September 4, 2024.
MasterBrand posts Q2 2024 investor presentation; details not disclosed
Slide presentation posted on IR website on August 7, 2024.
MasterBrand Q2 net sales down 2.7% to $676.5M; adj EBITDA margin up 20bps to 15.5%
Net sales $676.5M (-2.7% YoY); net income $45.3M vs $51.2M; diluted EPS $0.35 vs $0.39.
MasterBrand releases 2023 CSR report; highlights safety, water, landfill, governance milestones
Improved OSHA recordable rate to below 1, 74% better than industry average (2022 BLS).
MasterBrand completes $520M cash acquisition of Supreme Cabinetry Brands
Closed $520M cash acquisition of Supreme Cabinetry Brands (Dura) on July 10, 2024.
MasterBrand issues $700M 7.00% Senior Notes due 2032, enters $750M revolver
Issued $700M aggregate principal of 7.00% Senior Notes due 2032 at par; net proceeds ~$689.5M.
MasterBrand prices $700M 7.00% Senior Notes due 2032 for Supreme acquisition
Issued $700 million aggregate principal of 7.00% Senior Notes due 2032.
MasterBrand announces $700M senior notes offering to fund Supreme acquisition
$700M senior notes due 2032; net proceeds plus new revolver and cash to fund Supreme acquisition and refinance existing term loan.
MasterBrand appoints Catherine Courage to Board of Directors effective June 6, 2024
Catherine Courage, a Google VP leading user experience and data science, elected to MasterBrand's Board as Class III director.
MasterBrand to acquire Supreme Cabinetry Brands for $520M cash; Q3 2024 close expected
Purchase price $520M cash; multiple ~8.9x Supreme's adj. EBITDA pre-synergies, ~5.9x post-synergies.
The following three (3) former directors of American Woodmark were appointed to serve as independent directors on the Board of Directors of MasterBrand (the “Board”), effective as of the Effective Time: Andrew Cogan, Philip Fracassa and Daniel Hendrix (the “Former American Woodmark Directors”).
The following three (3) former directors of American Woodmark were appointed to serve as independent directors on the Board of Directors of MasterBrand (the “Board”), effective as of the Effective Time: Andrew Cogan, Philip Fracassa and Daniel Hendrix (the “Former American Woodmark Directors”).
The following three (3) former directors of American Woodmark were appointed to serve as independent directors on the Board of Directors of MasterBrand (the “Board”), effective as of the Effective Time: Andrew Cogan, Philip Fracassa and Daniel Hendrix (the “Former American Woodmark Directors”).
On June 6, 2024, the Board of Directors (the “Board”) of MasterBrand, Inc. (the “Company”), acting upon the recommendation of its Nominating, Environmental, Social and Governance Committee, elected Catherine Courage as the newest member of the Board, effective immediately.
Max materiality 1.00 · Median 0.65 · Most common event m_and_a