MBC Stock Recent News

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced that its Board of Directors has authorized a share repurchase program to buy back up to $50 million of the Company's outstanding common stock until March 13, 2028. This is in addition to the existing share repurchase authorization approved in April 2023, under which approximately $21 million remained available for repurc.

MasterBrand Cabinets posted a worse-than-expected quarter in Q4, but most of my previous thesis remains intact, structurally speaking. Sales will likely soften further throughout 2025, but between cross-selling opportunities and margin growth initiatives, they can partly offset market headwinds. The bigger valuation worry is just the macro degrading more than expected, but at today's price, I think investors can earn an attractive IRR over time.

Awardees win a year of access to a prestigious life-science incubator in San Francisco and to Astellas expertise to further their research Award helps biotech start-ups accelerate early drug discovery and research efforts NORTHBROOK, Ill. , Feb. 27, 2025 /PRNewswire/ -- Astellas Pharma U.S. Inc. (Head of Commercial: Mike Petroutsas, "Astellas"), and MBC BioLabs, a premier launchpad for early-stage life-science companies, today announced their collaboration on the Astellas Future Innovator Prize.

MasterBrand, Inc. (NYSE:MBC ) Q4 2024 Earnings Conference Call February 18, 2025 4:30 PM ET Company Participants Farand Pawlak - Vice President of Investor Relations, Treasury and Corporate Communications Dave Banyard - President and Chief Executive Officer Andi Simon - Executive Vice President and Chief Financial Officer Conference Call Participants Adam Baumgarten - Zelman & Associates Garik Shmois - Loop Capital Markets Operator Greetings, and welcome to MasterBrand's Fourth Quarter and Full Year 2024 Earnings Conference Call. During the company's prepared remarks, all participants will be in a listen-only mode.

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced fourth quarter and full year 2024 financial results. “End market choppiness increased throughout the holiday season resulting in unanticipated volume declines which delayed the realization of previously implemented price increases and limited our ability to sufficiently flex operations in the quarter,” said Dave Banyard,.

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its fourth quarter and full year 2024 financial results after the market close on Tuesday, February 18, 2025. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at.

MasterBrand: Market Share Gains And End Market Recovery Should Drive Upside

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its third quarter 2024 financial results after the market close on Tuesday, November 5, 2024. The Company will hold a live conference call and webcast at 4:30 p.m. ET the same day to discuss the financial results and business outlook. Telephone access to the live call will be available at (877) 407-4019 (.

MasterBrand is a leading North American cabinetry manufacturer, showing stable revenue growth despite FY23 challenges, and has improved margins through strategic initiatives and cost-saving measures. The acquisition of Supreme Cabinetry Brands enhances MBC's premium offerings and distribution, positioning it for growth as the housing market recovers due to Federal Reserve rate cuts. Management has increased the 2024 outlook, expecting a low single-digit YoY increase and adjusted EBITDA margin within 14.0% to 14.5%.

MasterBrand, Inc. (NYSE:MBC ) Q2 2024 Results Conference Call August 6, 2024 4:30 PM ET Company Participants Farand Pawlak - VP, IR, Treasury and Corporate Communications Dave Banyard - President, CEO Andi Simon - EVP, CFO Conference Call Participants Garik Shmois - Loop Capital Markets Adam Baumgarten - Zelman & Associates Tom Mahoney - Cleveland Research Operator Welcome back to MasterBrand's Second Quarter 2024 Earnings Conference Call. We appreciate your patience this afternoon following a brief severe weather delay due to a tornado warning in the Cleveland area.