Masonite Int'l (DOOR) Tops Q4 EPS by 12c
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Masonite International Corporation Reports Fourth Quarter and Full Year Financial Results; Provides 2020 Outlook
February 18, 2020 4:25 PM ESTTAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation ("Masonite" or "the Company") (NYSE: DOOR) today announced results for the three months and full year ended December 29, 2019.
Business Highlights
Fourth Quarter 2019 versus Fourth Quarter 2018
Net sales increased 1% to $531 million versus $528 million. Net income attributable to the Company decreased to $2 million from $12 million. Net income includes charges of $12 million related to our previously announced restructuring plans and a $4 million pension settlement charge. Adjusted EBITDA* increased to $62 million from $58... More