Masonite Int'l (DOOR) Misses Q3 EPS by 105c
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Masonite International Corporation Reports 2015 Third Quarter and Year to Date Results and Increases Guidance
November 4, 2015 4:16 PM ESTTAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three and nine months ended September 27, 2015.
Executive Summary
Net sales were essentially flat at $475.7 million for the third quarter of 2015 compared with the third quarter of 2014. Excluding the $26.0 million negative impact of foreign exchange, net sales would have increased by 5.4% to $501.7 million. Net loss attributable to Masonite was $16.3 million, or $0.54 per diluted share, which includes non-cash charges of $35.9 million related to the disposition of the Company's... More