Masonite Int'l (DOOR) Tops Q4 EPS by 8c
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Masonite International Corporation Reports 2019 First Quarter Financial Results
May 1, 2019 4:33 PM EDTTAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three months ended March31, 2019.
Executive Summary - 1Q19 versus 1Q18
Net sales increased 2% to $530 million versus $518 million. Excluding foreign exchange, net sales increased 4%. Net income attributable to Masonite was $4 million compared to $21 million. The decline was due to charges related to our previously announced restructuring actions and divestiture of non-core businesses. Diluted earnings per share decreased to $0.15 from $0.73. Adjusted... More