BEACHWOOD, Ohio (AP) — BEACHWOOD, Ohio (AP) — MasterBrand Inc. (MBC) on Tuesday reported net income of $14 million in its fourth quarter.
On a per-share basis, the Beachwood, Ohio-based company said it had profit of 11 cents. Earnings, adjusted for one-time gains and costs, came to 21 cents per share.
The maker of residential cabinetry products posted revenue of $667.7 million in the period.
For the year, the company reported profit of $125.9 million, or 96 cents per share. Revenue was reported as $2.7 billion.
MasterBrand expects full-year earnings in the range of $1.40 to $1.57 per share.
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