Masonite Int'l (DOOR) Tops Q3 EPS by 38c
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Masonite International Corporation Reports 2020 Third Quarter Financial Results
November 2, 2020 4:30 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, 2020.
Executive Summary - 3Q20 versus 3Q19
Net sales increased 6% to $588 million versus $552 million. Net income (loss) attributable to Masonite decreased to a $22 million loss from $15 million of income. The decrease was due to pre-tax charges of $52 million related to goodwill impairment and $38 million for the previously disclosed settlement of U.S. class action... More