Loading...
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.
Net sales reached $397.6 million.
Net income was $16.6 million, representing 4.2% of net sales.
GAAP EPS stood at $1.09, with an adjusted EPS of $1.05.
Adjusted EBITDA amounted to $38.4 million, or 9.7% of net sales.
For fiscal year 2025, the company anticipates a mid-single digit decline in net sales year-over-year and an Adjusted EBITDA range of $210 million to $215 million.