MasterBrand projects second-half 2026 sales of $2.05 billion to $2.11 billion

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MasterBrand has issued its second-half 2026 net sales outlook of $2.05 billion to $2.11 billion following the completion of its merger with American Woodmark. CEO R. Banyard said the combined company generated net sales of $815 million in the second quarter, including $126 million from American Woodmark since the May 28 close, while legacy MasterBrand net sales were $690 million. Adjusted EBITDA for the quarter was $63 million with a 7.7% margin, and the company has already executed approximately $30 million of annualized cost synergies, raising its year-three run-rate target to over $100 million. CFO Andrea Simon added that second-half adjusted EBITDA is expected between $129 million and $149 million, and the company aims to reduce net leverage below 2x by the end of 2028.

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MasterBrand Inc.
MBC
▲ PositiveCapitalrelevance

Company issues strong sales and EBITDA outlook, with cost synergies exceeding targets.