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.)