Cabinet maker MasterBrand's Q2 sales beat estimate, announces merger with American Woodmark

Masterbrand

06/08/2025 11:48

Overview

MasterBrand Q2 net sales up 8%, beating analyst expectations

Adjusted EPS for Q2 beats estimates, despite net income decline

Co announces merger with American Woodmark, aiming for cost synergies

Outlook

Company expects full-year adjusted EBITDA between $315 mln and $365 mln

MasterBrand anticipates adjusted EPS of $1.03 to $1.32 for 2025

Company forecasts low single-digit decrease in 2025 net sales

MasterBrand sees mid-single-digit organic net sales decline in 2025

Result Drivers

SUPREME ACQUISITION - Net sales growth driven by Supreme acquisition, contributing 10% to overall increase

PRICE ACTIONS - 3% growth from anticipated net average selling price improvements

VOLUME DECLINE - 5% volume decline in base business, particularly in repair and remodel market

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$730.90 mln
$683.30 mln (1 Analyst)
Q2 Adjusted EPS
Beat
$0.4
$0.34 (1 Analyst)
Q2 Net Income
$37.30 mln
Q2 Gross Margin
32.8%
Q2 Operating Income
$67.30 mln
Q2 Pretax Profit
$49 mln


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 is $15.00, about 24.5% above its August 5 closing price of $11.33

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBwcv095a

(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.)