MasterBrand Inc
For the period ended Jun 30, 2024. Filed Aug 7, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 7, 2024
MBC$6.66-6.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Income
| 13 Weeks Ended | 26 Weeks Ended | |||
|---|---|---|---|---|
| (U.S. Dollars presented in millions, except per share amounts) | June 30,2024 | June 25,2023 | June 30,2024 | June 25,2023 |
| NET SALES | $676.5 | $695.1 | $1,314.6 | $1,371.8 |
| Cost of products sold | 445.5 | 458.9 | 878.9 | 931.0 |
| GROSS PROFIT | 231.0 | 236.2 | 435.7 | 440.8 |
| Selling, general and administrative expenses | 146.7 | 141.7 | 284.5 | 277.0 |
| Amortization of intangible assets | 3.7 | 4.0 | 7.4 | 8.0 |
| Restructuring charges | 2.8 | 3.1 | 3.2 | 2.7 |
| OPERATING INCOME | 77.8 | 87.4 | 140.6 | 153.1 |
| Interest expense | 20.6 | 17.2 | 34.7 | 34.6 |
| Other (income) expense, net | (2.9) | 0.5 | (3.2) | 0.9 |
| INCOME BEFORE TAXES | 60.1 | 69.7 | 109.1 | 117.6 |
| Income tax expense | 14.8 | 18.5 | 26.3 | 31.4 |
| NET INCOME | $45.3 | $51.2 | $82.8 | $86.2 |
| Average Number of Shares of Common Stock Outstanding | ||||
| Basic | 127.0 | 128.4 | 127.0 | 128.3 |
| Diluted | 130.7 | 129.9 | 130.8 | 129.7 |
| Earnings Per Common Share | ||||
| Basic | $0.36 | $0.40 | $0.65 | $0.67 |
| Diluted | $0.35 | $0.39 | $0.63 | $0.66 |
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