Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
The latest update is out from MasterBrand Inc ( (MBC) ).
MasterBrand, Inc., the leading cabinet maker in North America, reported a 6% increase in third-quarter 2024 net sales to $718.1 million, driven by its Supreme acquisition. However, net income dropped by over 50% due to acquisition costs and decreased gross profit margins. Despite these challenges, the company remains optimistic about its financial outlook for the year, expecting steady growth in sales and profitability, fueled by operational efficiencies and strategic initiatives.
For detailed information about MBC stock, go to TipRanks’ Stock Analysis page.
