Masonite Int'l (DOOR) Tops Q2 EPS by 13c, Revenues Beat

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Masonite International Corporation Reports 2018 Second Quarter Financial Results

August 8, 2018 5:16 PM EDT

TAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three and six months ended July 1, 2018.

Executive Summary - 2Q18 versus 2Q17

Net sales increased 9% to $567 million versus $520 million. Excluding foreign exchange, net sales increased 7%. Net income attributable to Masonite of $35 million compared to $27 million. Diluted earnings per share increased to $1.24 from $0.89. Adjusted EBITDA* increased 15% to $78 million versus $68 million.... More