Net sales for the quarter were down 3% from 2022, while net income attributable to Masonite dropped 18%.
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See the key financial figures reported by five major industrial distributors.
Masonite and Endura have been partners for more than 25 years in the door industry.
Masonite's net income for 2022's third quarter was $57 million, a 51% increase over the same quarter in 2021.
Masonite International Corporation announced the opening of a new manufacturing facility in Stoke-on-Trent, England.
The manufacturer and distributor of interior and exterior doors reported 2022 first-quarter net sales of $726 million.
The door manufacturer and distributor says it has entered into an accelerated share repurchase agreement with Morgan Stanley & Co. LLC.
The manufacturer and distributor of interior and exterior doors says annual sales were 15% above 2020, while 4Q sales rose 2.8%.
The manufacturer and distributor of interior and exterior doors reported 2021 third-quarter net sales of $652M, an 11% jump over last year.
Prior to joining Masonite, Ball was president of Americas for Cooper Tire & Rubber Company, where he led the North America, Latin America, and global commercial truck business units.
