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Oct 31, 2024
American Woodmark Q2 2025 Earnings Report
American Woodmark's Q2 2025 financial results were announced, revealing a slight decrease in net sales and a new stock repurchase program.
Key Takeaways
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.
Net sales reached $452.5 million.
Net income was $27.7 million, representing 6.1% of net sales.
GAAP EPS stood at $1.79, with adjusted EPS at $2.08.
The board approved an additional $125 million authorization for future share repurchases.
Forward Guidance
For fiscal year 2025, American Woodmark anticipates a low single-digit decline in net sales year-over-year and expects Adjusted EBITDA to be in the range of $225 million to $235 million.
Positive Outlook
- Teams remain dedicated and focused on controlling discretionary spend.
- Focus on operational improvements.
- Strongly positioned in the marketplace when macro-housing conditions improve.
- Committed to investment back in the business.
- Continued returns to shareholders as shown by repurchasing 4.1% of shares outstanding during the first six months of fiscal 2025.
Challenges Ahead
- Expect the demand trends to remain challenging.
- Continued softer demand in the remodel market.
- Slowdown in new construction single family starts over the summer.
- Macro-economic housing headwinds.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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