Consistent Service Execution and Supply Chain Coordination
MasterBrand's new construction sales outperformed the broader market despite mid- to high single-digit declines in single-family housing starts, emphasizing strength in service execution and supply chain coordination.
Successful Supreme Integration
The integration of Supreme is progressing as expected, delivering cost efficiencies and supporting overall performance, with revenue synergies anticipated as the market returns.
Pending Merger with American Woodmark
The merger is progressing well, with expected $90 million in run rate cost synergies by the end of year 3 post close, enhancing the cabinetry portfolio.
Strength in Mid-Tier Semi-Custom Products
Mid-tier semi-custom products showed strong performance as consumers traded down from premium offerings, benefiting from the multi-tier product portfolio.