MasterBrand has been operating for over seven decades and is currently the #1 North American residential cabinet manufacturer. The stock price has dropped over 36% in the last year as investors worry about the company's margin compression and reliance on the housing sector. Despite short-term headwinds, MasterBrand is well positioned to weather the difficult environment.
MasterBrand, Inc. (NYSE:MBC ) Q1 2025 Earnings Conference Call May 6, 2025 4:30 PM ET Company Participants Farand Pawlak - Vice President of Investor Relations, Treasury & Corporate Communications Dave Banyard - President & Chief Executive Officer Andi Simon - Executive Vice President & Chief Financial Officer Conference Call Participants Garik Shmois - Loop Capital Markets Adam Baumgarten - Zelman & Associates Tom Mahoney - Cleveland Research Operator Welcome to MasterBrand's First Quarter 2025 Earnings Conference Call. During the company's prepared remarks, all participants will be in a listen-only mode.
MasterBrand Cabinets posted a worse-than-expected quarter in Q4, but most of my previous thesis remains intact, structurally speaking. Sales will likely soften further throughout 2025, but between cross-selling opportunities and margin growth initiatives, they can partly offset market headwinds. The bigger valuation worry is just the macro degrading more than expected, but at today's price, I think investors can earn an attractive IRR over time.
12 Aug 2025 (In 1 month) Date | | 0.46 Cons. EPS | - EPS |
6 Aug 2025 (In 3 weeks) Date | | 0.46 Cons. EPS | - EPS |
5 May 2025 Date | | 0.28 Cons. EPS | 0.18 EPS |
24 Feb 2025 Date | | 0.39 Cons. EPS | 0.21 EPS |
5 Nov 2024 Date | | 0.34 Cons. EPS | 0.4 EPS |
12 Aug 2025 (In 1 month) Date | | 0.46 Cons. EPS | - EPS |
6 Aug 2025 (In 3 weeks) Date | | 0.46 Cons. EPS | - EPS |
5 May 2025 Date | | 0.28 Cons. EPS | 0.18 EPS |
24 Feb 2025 Date | | 0.39 Cons. EPS | 0.21 EPS |
5 Nov 2024 Date | | 0.34 Cons. EPS | 0.4 EPS |
Furnishings, Fixtures & Appliances Industry | Consumer Cyclical Sector | R. David Banyard Jr. CEO | NYSE Exchange | 57638P104 Cusip |
US Country | 13,000 Employees | - Last Dividend | - Last Split | 15 Dec 2022 IPO Date |
MasterBrand, Inc., originally founded as United Cabinet Incorporated in 1954, has established itself as a prominent manufacturer and supplier of residential cabinets in North America, particularly in the United States and Canada. Positioned in Beachwood, Ohio, the core of its business lies in catering to the needs of both the remodeling and new construction markets. MasterBrand has built its reputation by offering high-quality cabinetry solutions for various sections of the home, primarily focusing on kitchens and bathrooms. The company's strategic approach to distribution involves partnering with a network of dealers, retailers, and builders, ensuring its products are readily accessible to a wide consumer base.