Strong Free Cash Flow
MasterBrand delivered a strong free cash flow of $69 million in Q4, bringing the full year 2024 total to $211 million, aligning with their stated goal of free cash flow in excess of net income.
Successful Supreme Cabinetry Acquisition
The acquisition of Supreme Cabinetry Brands contributed a 9% year-over-year increase to net sales, performing well and in line with expectations.
Strategic Investments in Tech Enabled Initiatives
Continued investment in Tech Enabled initiatives, with plans to invest an additional $15 million in 2025, aiming for long-term financial growth and improved operations.
Positive Trends in Canadian Market
Year-over-year improvements in Canada's repair and remodel market during Q4, with expectations for flat demand in 2025.