Overview

* MasterBrand ( MBC ) Q3 net sales fell 2.7% yr/yr but beat analyst expectations

* Adjusted EPS for Q3 missed analyst estimates

* Company focuses on merger with American Woodmark to drive growth

Outlook

* MasterBrand ( MBC ) expects full-year 2025 net sales to be approximately flat year-over-year

* Company projects 2025 adjusted EBITDA between $315 mln and $335 mln

* MasterBrand ( MBC ) anticipates 2025 adjusted EPS between $1.01 and $1.13

Result Drivers

* SOFT DEMAND - MasterBrand's ( MBC ) Q3 performance was affected by a persistently soft demand environment, impacting net sales and margins

* TARIFF IMPACT - Tariffs and unfavorable fixed cost leverage negatively affected margins, partially offset by price improvements and synergies

* MERGER FOCUS - Company is focused on closing merger with American Woodmark to accelerate growth and drive innovation

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $698.90 $678.60

mln mln (1

Analyst)

Q3 Miss $0.33 $0.36 (1

Adjusted Analyst)

EPS

Q3 Net $18.10

Income mln

Q3 Gross 31.20%

Margin

Q3 $41.70

Operatin mln

g Income

Q3 $23.40

Pretax mln

Profit

Analyst Coverage

* The one available analyst rating on the shares is "buy"

* The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

* Wall Street's median 12-month price target for Masterbrand Inc ( MBC ) is $15.00, about 17% above its November 3 closing price of $12.45

* The stock recently traded at 4 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)