MasterBrand's Q3 net sales fall 2.7% but beat estimates

Masterbrand

04/11/2025 21:20

Overview

MasterBrand 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 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 anticipates 2025 adjusted EPS between $1.01 and $1.13

Result Drivers

SOFT DEMAND - MasterBrand's 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/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$698.90 mln
$678.60 mln (1 Analyst)
Q3 Adjusted EPS
Miss
$0.33
$0.36 (1 Analyst)
Q3 Net Income
$18.10 mln
Q3 Gross Margin
31.20%
Q3 Operating Income
$41.70 mln
Q3 Pretax Profit
$23.40 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 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: ID:nBwgyKgHa

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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.)