MasterBrand Inc
For the period ended Sep 29, 2024. Filed Nov 6, 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.
Sep 29, 2024 · Filed Nov 6, 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 | 39 Weeks Ended | |||
|---|---|---|---|---|
| (U.S. Dollars presented in millions, except per share amounts) | September 29,2024 | September 24,2023 | September 29,2024 | September 24,2023 |
| NET SALES | $718.1 | $677.3 | $2,032.7 | $2,049.1 |
| Cost of products sold | 480.1 | 439.8 | 1,359.0 | 1,370.8 |
| GROSS PROFIT | 238.0 | 237.5 | 673.7 | 678.3 |
| Selling, general and administrative expenses | 166.3 | 140.3 | 450.8 | 417.3 |
| Amortization of intangible assets | 6.3 | 3.6 | 13.7 | 11.6 |
| Restructuring charges | 7.8 | 1.4 | 11.0 | 4.1 |
| OPERATING INCOME | 57.6 | 92.2 | 198.2 | 245.3 |
| Interest expense | 20.0 | 15.3 | 54.7 | 49.9 |
| Other income, net | (1.8) | (1.0) | (5.0) | (0.1) |
| INCOME BEFORE TAXES | 39.4 | 77.9 | 148.5 | 195.5 |
| Income tax expense | 10.3 | 18.2 | 36.6 | 49.6 |
| NET INCOME | $29.1 | $59.7 | $111.9 | $145.9 |
| Average Number of Shares of Common Stock Outstanding | ||||
| Basic | 127.1 | 127.6 | 127.0 | 128.1 |
| Diluted | 130.8 | 130.3 | 130.8 | 129.9 |
| Earnings Per Common Share | ||||
| Basic | $0.23 | $0.47 | $0.88 | $1.14 |
| Diluted | $0.22 | $0.46 | $0.86 | $1.12 |
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