Company targets net leverage below 2x by end of 2028 after completing merger with American Woodmark in Q2 2026.
MasterBrand forecast second-half 2026 sales of $2.05 billion to $2.11 billion, reflecting growth following its May 28 merger with American Woodmark. The combined entity now holds the largest portfolio of cabinet brands in the industry.
The company previously reported Q2 2026 results as a milestone quarter, with the merger expected to drive long-term synergies. Management reiterated a goal to reduce net leverage below 2x by the end of 2028, aligning with post-merger financial strategy.
No immediate market reaction was disclosed in the earnings call summary.