Masonite International Corp. (NYSE:DOOR) experienced a downturn in sales at the end of 2018. The pause on interest rates hikes by the Federal Reserve may be welcome news for both home buyers and companies like Masonite. But, there are substantial headwinds facing the U.S and European consumers. It may be while before Masonite can grow revenues at a consistent pace. It's best to stay away from Masonite until there is more stability in the housing market.
(Source: Masonite International Website)
The 2018 fourth quarter sales increased by 4% compared to the same