MasterBrand, Inc. (MBC) Q3 2024 Earnings Call Transcript Summary
MasterBrand, Inc. (MBC) Q3 2024 Earnings Call Transcript Summary
The gross profit margin decreased to 33.1% from 35.1% a year ago mainly due to lower net average selling price, increased costs, and strategic investments.The following is a summary of the MasterBrand, Inc. (MBC) Q3 2024 Earnings Call Transcript:
以下是MasterBrand, Inc.（MBC）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Q3 net sales were $718 million, reflecting a 6% increase year-over-year primarily driven by the acquisition of Supreme Cabinetry Brands.
Adjusted EBITDA for Q3 was $105 million with a margin of 14.6%, which is 160 basis points lower than the same period last year.
The gross profit margin decreased to 33.1% from 35.1% a year ago mainly due to lower net average selling price, increased costs, and strategic investments.
Net income decreased by 51.3% to $29.1 million due to various acquisition-related costs and restructuring charges.
Free cash flow stood at $65 million for the quarter, contributing to a year-to-date total of $142 million.
第三季度淨銷售額爲7.18億美元，同比增長6％，這主要是由對Supreme Cabinetry Brands的收購所推動的。
第三季度調整後的息稅折舊攤銷前利潤爲1.05億美元，利潤率爲14.6％，比去年同期下降160個點子。
毛利率從去年同期的35.1％下降至33.1％，這主要是由於淨平均銷售價格下降，成本增加和戰略投資。
由於各種收購相關成本和重組費用，淨收入下降了51.3％，至2910萬美元。
本季度自由現金流爲6,500萬美元，使今年迄今爲止的總自由現金流爲1.42億美元。
Business Progress:
業務進展：
MasterBrand continues to drive growth through new customer wins and strategic initiatives including Aligned to Grow, Lead Through Lean, and Tech Enabled.
Integration of Supreme Cabinetry Brands is progressing well, with efforts underway to optimize operations and enhance product offerings across dealer networks.
Investments in digital infrastructures like MasterBrand Connect are enhancing connections and insights with channel partners, fostering potential market share growth.
MasterBrand 繼續通過贏得新客戶和戰略舉措推動增長，包括 「協調增長」、「精益引領」 和 「科技賦能」。
Supreme Cabinetry Brands的整合進展順利，正在努力優化運營並增強整個經銷商網絡的產品供應。
對MasterBrand Connect等數字基礎設施的投資正在增強與渠道合作伙伴的聯繫和洞察力，促進潛在的市場份額增長。
Opportunities:
機會：
The acquisition of Supreme Cabinetry Brands presents significant operational and commercial synergy opportunities, expected to drive incremental savings and enhance service levels.
Continued strategic initiatives are aimed at capturing more market share despite the broader market challenges.
收購Supreme Cabinetry Brands帶來了重大的運營和商業協同機會，預計將推動增量節省並提高服務水平。
儘管面臨更廣泛的市場挑戰，但持續的戰略舉措旨在獲得更多的市場份額。
Risks:
風險：
Soft demand in the repair and remodel markets due to economic uncertainties and low housing turnover poses near-term challenges.
There is a potential soft demand in the U.S. single-family new construction market due to moderation by production builders and softer housing starts.
由於經濟不確定性和低住房週轉率，維修和改造市場的需求疲軟，構成了短期的挑戰。
由於生產建築商的溫和以及房屋開工疲軟，美國獨戶新建建築市場存在潛在的疲軟需求。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
溫馨提示：欲了解更多詳情，請參閱投資者關係網站。本文僅供投資者參考，沒有任何指導或建議建議。
譯文內容由第三人軟體翻譯。
