MBC Stock Recent News

LOS ANGELES--(BUSINESS WIRE)--World-renowned physicians and researchers from City of Hope®, one of the largest cancer research and treatment organizations in the United States, will present new data and offer expert perspectives on leading-edge cancer research and treatments in development at the 2024 ASCO Annual Meeting, which will take place in Chicago from May 31 to June 4. Highlights include the following: 2024 Best of ASCO® program: New data on mismatched unrelated donor peripheral blood s.

BEACHWOOD, Ohio--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), through its subsidiary MasterBrand Cabinets, LLC, has agreed to acquire Supreme Cabinetry Brands, Inc. (“Supreme”), a highly regarded cabinetry company, from GHK Capital Partners LP (“GHK”) for $520 million in cash. Pre-synergies, the purchase price represents a multiple of approximately 8.9x Supreme's adjusted EBITDA1 for the twelve months ending March 31, 2024, inclusive of $25 million net presen.

MasterBrand, Inc. (NYSE:MBC ) Q1 2024 Earnings Conference Call May 7, 2024 4:30 PM ET Company Participants Farand Pawlak - VP of IR and Corporate Communications Dave Banyard - President and CEO Andi Simon - EVP and CFO Conference Call Participants Adam Baumgarten - Zelman and Associates Garik Shmois - Loop Capital Markets Tom Mahoney - Cleveland Research Operator Welcome to MasterBrand's First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note that this conference call is being recorded.

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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 first quarter 2024 financial results after the market close on Tuesday, May 7, 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 (U.S.).

MasterBrand CEO Dave Banyard sits down with 'Mad Money' host Jim Cramer to talk its distribution network, free cash flow, investments in tech and much more.

MasterBrand Inc. (MBC) Q4 2023 Earnings Call Transcript

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 2023 financial results after the market close on Monday, February 26, 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 (.

MasterBrand, a provider of cabinetry products, is a solid value play in the market. The company has achieved attractive growth in recent years, but has experienced decline in revenue and cash flows in 2023. Despite the weakness, shares of MasterBrand are attractively priced and offer upside potential, making it a 'buy' rating.

When it comes to housing, the markets are still bearish. Interest rates are still high, and players wait for an early rate cut before moving.