MasterBrand Inc ( (MBC) ) has released its Q1 earnings. Here is a breakdown of the information MasterBrand Inc presented to its investors.
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MasterBrand, Inc. is the largest residential cabinet manufacturer in North America, offering a wide range of cabinetry products for various parts of the home through an extensive distribution network. In its first quarter of 2025, MasterBrand reported a 3% increase in net sales to $660.3 million, though net income saw a significant decline of 65% to $13.3 million. The company attributed these results to weaker-than-expected market demand and increased costs associated with its recent acquisition of Supreme Cabinetry Brands, Inc.
Key financial metrics showed a decrease in net income margin to 2.0% and a drop in adjusted EBITDA margin to 10.2%. The diluted earnings per share also fell to $0.10 from $0.29 in the previous year. Despite these challenges, the acquisition of Supreme contributed positively to sales growth, although the overall volume declined by 9% in the base business.
Looking ahead, MasterBrand has updated its 2025 financial outlook, anticipating a slight decrease in net sales year-over-year but expecting adjusted EBITDA to range between $315 and $365 million. The company remains focused on cost management and strategic investments to navigate the challenging market conditions and maintain financial flexibility.