MasterBrand FY26 Q2 swings to net loss of $57.6 million; adjusted EBITDA drops 40.7% to $62.5 million
Reuters2026/08/04 20:16- MasterBrand posted a Q2 2026 net loss of USD 57.6 million, swinging from profit; GAAP diluted EPS turned to a loss of USD 0.38.
- Net sales climbed 11.5% to USD 815.2 million from a USD 125.5 million contribution from American Woodmark.
- Gross profit fell 14.3% to USD 205.5 million; gross margin narrowed 7.6 percentage points to 25.2%.
- Adjusted EBITDA (non-GAAP) dropped 40.7% to USD 62.5 million; margin fell 6.8 percentage points to 7.7%.
- Closed the American Woodmark merger, raised annual run-rate cost synergy target to more than USD 100 million, and guided 2H 2026 net sales of USD 2.05-2.11 billion.
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