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 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.

MasterBrand Inc. (NYSE:MBC ) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Andrea H. Simon - Executive VP & CFO Farand Pawlak - VP of IR & External Communications R.

JASPER, Ind.--(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 2023 financial results after the market close on Tuesday, November 7, 2023. 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.

While MasterBrand faces near-term revenue challenges due to economic uncertainty, its growth initiatives position it well for long-term growth. The company was able to improve margins in Q2 2023 despite lower sales. The company's focus on cost-saving initiatives and automation should support long-term margin growth.

MasterBrand, Inc. (NYSE:MBC ) Q2 2023 Results Conference Call August 8, 2023 4:30 PM ET Company Participants Farand Pawlak - VP, IR and Corporate Communications Dave Banyard - President and CEO Andi Simon - EVP and CFO Conference Call Participants Adam Baumgarten - Zelman & Associates Garik Shmois - Loop Capital Markets Tom Mahoney - Cleveland Research Operator Welcome to MasterBrand Second Quarter 2023 Earnings Conference. [Operator Instructions] Please note that this conference call is being recorded.

MasterBrand is expected to benefit from a potential housing market recovery next year as well as strong market position and favorable long-term tailwinds. The company's margin is expected to benefit from proactive pricing strategies and cost-reduction initiatives. The company is executing well with its "Align to Grow" initiatives.

JASPER, Ind.--(BUSINESS WIRE)--MasterBrand, Inc. (NYSE: MBC, the “Company,” or “MasterBrand”), the largest residential cabinet manufacturer in North America, today announced it will release its second quarter 2023 financial results after the market close on Tuesday, August 8, 2023. 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, Inc. (NYSE:MBC ) Q1 2023 Earnings Conference Call May 9, 2023 4:30 AM ET Company Participants Farand Pawlak - Vice President of Investor Relations & Corporate Communication Dave Banyard - President & Chief Executive Officer Andi Simon - Executive Vice President & Chief Financial Officer Conference Call Participants Adam Baumgarten - Zelman Garik Shmois - Loop Capital Markets Operator Welcome to MasterBrand's First Quarter 2023 Earnings Conference Call. During the company's prepared remarks, all participants will be in a listen-only mode.