MasterBrand Q4 net sales fall, plans $30 mln cost savings

Masterbrand

10/02/2026 21:14

Overview

North America's largest cabinet maker's Q4 net sales fell 3.5% yr/yr

Adjusted loss per share for Q4 missed analyst expectations

Company plans $30 mln cost savings in 2026

Outlook

Company expects Q1 2026 net sales to decrease mid-single-digit to high-single-digit percentage

MasterBrand anticipates Q1 2026 adjusted EBITDA between $23 mln and $33 mln

Company forecasts 2026 gross tariff costs at 5-6% of 2026 net sales

Result Drivers

TARIFF MITIGATION - Co executed a tariff mitigation plan to offset trade complexities and pricing actions

MARKET DECLINE - Q4 sales fell due to mid-single-digit market decline, partially offset by pricing actions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$644.60 mln
$607.60 mln (1 Analyst)
Q4 Adjusted EPS
Miss
-$0.02
$0.14 (1 Analyst)
Q4 Net Income
-$42 mln
Q4 Gross Margin
26.00%
Q4 Operating Income
-$27.10 mln
Q4 Pretax Profit
-$43.40 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 11.5% above its February 9 closing price of $13.45

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 3 three months ago

Press Release: ID:nBwb3FPlsa

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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.)