BEACHWOOD, Ohio (AP) — BEACHWOOD, Ohio (AP) — MasterBrand Inc. (MBC) on Tuesday reported a loss of $42 million in its fourth quarter.
On a per-share basis, the Beachwood, Ohio-based company said it had a loss of 33 cents. Losses, adjusted for non-recurring costs and restructuring costs, came to 2 cents per share.
The maker of residential cabinetry products posted revenue of $644.6 million in the period.
For the year, the company reported profit of $26.7 million, or 21 cents per share. Revenue was reported as $2.73 billion.
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