- Masonite press release ( NYSE: DOOR ): Q4 Non-GAAP EPS of $1.72 misses by $0.15 .
- Revenue of $676M (+6.3% Y/Y) beats by $34.99M .
- North American Residential net sales were $528 million, a 7% increase, driven by a 16% increase from the impact of AUP, partially offset by a 7% decrease in base volume, a 1% decrease in the sale of components and a 1% decrease due to unfavorable foreign exchange.
- Europe net sales were $61 million, an 18% decrease, driven by a 13% decrease due to unfavorable foreign exchange and an 11% decrease in base volume, partially offset by a 6% increase in AUP.
- Architectural net sales were $83 million, a 30% increase, driven by a 29% increase in AUP and a 3% increase in base volume, partially offset by a combined 2% decrease due to unfavorable foreign exchange and lower component sales.
- FY23 Outlook: Net sales growth of -5% to flat Y/Y vs. 0.81% consensus
- Adj. EPF of $7.25-$8.25 vs. $9.11 consensus
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Masonite Non-GAAP EPS of $1.72 misses by $0.15, revenue of $676M beats by $34.99M