Masonite Int'l (DOOR) Tops Q4 EPS by 15c
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Masonite International Corporation Reports 2015 Fourth Quarter and Full Year Results, Provides 2016 Annual Outlook with Anticipated Continued Strong Performance
February 24, 2016 4:33 PM ESTTAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three months and year ended January 3, 2016.
Executive Summary
Net sales increased $36.5 million or 8.1% to $485.4 million and $34.3 million or 1.9% to $1,872.0 million for the fourth quarter and fiscal year, respectively, over the comparable 2014 periods. Excluding the unfavorable impact of foreign exchange, net sales would have increased by 12.7% to $505.8 million and 6.9% to $1,964.9 million for the fourth quarter and fiscal year, respectively. Net loss attributable to Masonite was $13.2 million, or... More