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.
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 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 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 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 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 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 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 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