American Woodmark Earnings Reports

American Woodmark Corporation reported a decrease in net sales by 5.8% to $397.6 million and a decrease in net income to $16.6 million for the third quarter of fiscal year 2025. The results were impacted by softer demand in the remodel market and a decline in new construction single family activity.

American Woodmark Corporation reported a decrease in net sales by 4.5% to $452.5 million for the second quarter of fiscal year 2025, with net income decreasing to $27.7 million. The company reaffirmed its outlook for a low single-digit decline in net sales for the full fiscal year and tightened its Adjusted EBITDA range to $225 million to $235 million.

American Woodmark's first quarter fiscal 2025 results showed a decrease in net sales and net income compared to the same quarter last year. Net sales decreased by 7.9% to $459.1 million, and net income decreased to $29.6 million. The company repurchased 271,460 shares for $24.0 million.

American Woodmark Corporation reported a decrease in net sales by 5.8% year-over-year to $453.3 million for the fourth quarter of fiscal year 2024. Net income decreased by 11.1% year-over-year to $26.8 million, with GAAP EPS at $1.69 and Adjusted EPS at $1.70. The company's performance was impacted by startup costs for new locations, but benefited from improved demand and operational efficiencies.

American Woodmark Corporation reported a 12.2% decrease in net sales to $422.1 million for the third quarter of fiscal year 2024, but net income increased by 44.1% to $21.2 million. GAAP EPS was $1.32, and Adjusted EPS was $1.66. The company reaffirmed its outlook for a low double-digit net sales decline for the full fiscal year but increased and narrowed its Adjusted EBITDA outlook to $247 million to $253 million.

American Woodmark Corporation reported a decrease in net sales but an increase in net income for the second quarter of fiscal year 2024. The company's Adjusted EBITDA also increased, and the Board of Directors approved a new $125 million stock repurchase authorization.

American Woodmark Corporation announced its first quarter results for fiscal year 2024, reporting a decrease in net sales by 8.2% to $498.3 million but an increase in net income by 89% to $37.9 million. The company's Adjusted EBITDA also increased by 33% to $75.2 million. The company repurchased 328,295 shares for $22.1 million during the quarter.

American Woodmark Corporation announced preliminary results for its fourth fiscal quarter ended April 30, 2023. Net sales decreased by 4.1% year-over-year to $481.1 million. However, net income increased by 108% year-over-year to $30.1 million, and adjusted EBITDA increased by 46.7% year-over-year to $65.3 million.

American Woodmark Corporation reported a 4.6% increase in net sales for the third quarter of fiscal 2023, reaching $480.7 million. The company's net income was $14.7 million, a significant improvement compared to the net loss of $49.3 million in the same quarter of the previous year. Adjusted EPS per diluted share was $1.46, up from $0.60 in the prior year, and Adjusted EBITDA increased by 66.8% to $51.0 million.

American Woodmark Corporation announced a 23.9% increase in net sales for the second quarter of fiscal 2023, reaching $561.5 million. Net income increased to $28.8 million, or $1.73 per diluted share, and Adjusted EBITDA rose by 119.6% to $67.6 million.

American Woodmark Corporation reported a strong first quarter in fiscal 2023, with net sales increasing by 22.7% to $542.9 million. Net income rose to $20.1 million, or $1.21 per diluted share, driven by price increases and improved efficiencies. Adjusted EBITDA also saw a substantial increase of 76.0% to $56.5 million.

American Woodmark Corporation announced its Q4 results with net sales increasing by 6.0% to $501.7 million and net income reaching $14.5 million, or $0.87 per diluted share. The company experienced growth across all sales channels and adjusted EPS per diluted share was $1.38. Adjusted EBITDA was $44.5 million, representing 8.9% of net sales.

American Woodmark Corporation reported a 6.4% increase in net sales for the third quarter of fiscal 2022, reaching $459.7 million. However, the company experienced a net loss of $49.3 million, or $2.97 per diluted share, primarily due to one-time pension settlement charges of $69.5 million. Adjusted EPS per diluted share was $0.60, and Adjusted EBITDA decreased by 45.2% to $30.6 million.

American Woodmark Corporation reported a slight increase in net sales for the second quarter of fiscal 2022, but experienced a significant decrease in net income due to inflationary pressures outpacing pricing actions. Adjusted EBITDA margins were below expectations due to labor and supply chain challenges.

American Woodmark Corporation announced first quarter fiscal 2022 results with net sales increasing by 13.5% to $442.6 million. However, net income decreased to $3.0 million ($0.18 per diluted share) due to rapidly evolving inflationary pressures outpacing pricing actions.

American Woodmark Corporation reported an 18.6% increase in net sales for the fourth quarter, reaching $473.4 million. However, net income decreased to $2.8 million, or $0.17 per diluted share, due to a pre-tax loss on debt modification and increased material and logistics expenses. The company authorized a $100 million stock buyback program.

American Woodmark Corporation reported a 9.1% increase in net sales for the third quarter, reaching $432.0 million. Net income rose to $17.2 million, or $1.01 per diluted share, compared to $12.8 million, or $0.75 per diluted share, in the same quarter of the prior year. The company experienced growth across all channels and paid down $40.0 million of its term loan facility.

American Woodmark Corporation reported a 4.8% increase in net sales to $448.6 million for the second quarter of fiscal 2021. Net income was $22.3 million, or $1.31 per diluted share. The company's performance was driven by double-digit growth in the repair and remodel sales channel, although it was negatively impacted by higher material and logistics costs and investments in labor and product launches.

American Woodmark Corporation reported a decrease in net sales by 8.7% to $390.1 million and a decrease in net income to $16.5 million ($0.97 per diluted share) for the first quarter of fiscal 2021, compared to the same quarter of the prior fiscal year. The results were negatively impacted by COVID-19, but exceeded initial expectations.

American Woodmark Corporation reported a decrease in net sales for the fourth fiscal quarter, down 2.0% to $399.2 million. Net income also decreased to $13.0 million, or $0.77 per diluted share. The company experienced growth in the builder channel, but this was offset by declines in other channels. Adjusted EPS was $1.33 compared to $1.87 in the same quarter of the prior year. The company recognized a charge of $0.2 million due to COVID-19 related layoffs.

American Woodmark Corporation reported a 3.0% increase in net sales for the third quarter, reaching $395.8 million. However, net income decreased to $12.8 million, or $0.75 per diluted share, from $18.4 million, or $1.07 per diluted share, in the same quarter of the previous year. The decrease in net income was attributed to tariffs, particleboard supply disruption costs, and expenses related to a facility move in California.