Welcome to our dedicated page for Amer Woodmk news (Ticker: AMWD), a resource for investors and traders seeking the latest updates and insights on Amer Woodmk stock.
American Woodmark Corporation (NASDAQ: AMWD) delivers innovative cabinetry solutions for remodeling and new home construction markets. This news hub provides investors and industry professionals with direct access to official announcements, financial updates, and strategic developments from the Virginia-based manufacturer.
Track comprehensive coverage of earnings reports, product innovations, and operational milestones across AMWD's portfolio, including Timberlake, Shenandoah Cabinetry, and Waypoint Living Spaces brands. Our curated news collection simplifies monitoring of manufacturing expansions, sustainability initiatives, and market leadership changes impacting this KCMA-certified cabinetry specialist.
Discover timely updates on AMWD's just-in-time manufacturing advancements, proprietary finish technologies like Tufftech®, and strategic partnerships in the home improvement sector. Bookmark this page for streamlined access to verified information supporting informed analysis of the company's performance in competitive construction materials markets.
American Woodmark (NASDAQ: AMWD) announced its fiscal fourth quarter and full-year results for 2024. The company reported a 5.8% decrease in quarterly net sales to $453.3 million and an 11.1% decrease in net income to $26.8 million. Adjusted EPS stood at $1.70, and Adjusted EBITDA dropped 16.2% to $54.7 million. For the full fiscal year, net sales fell by 10.6% to $1,847.5 million, but net income rose 24% to $116.2 million. Full-year Adjusted EPS was $8.53, and Adjusted EBITDA increased by 5.2% to $252.8 million. The company generated $230.8 million in operating cash and $138.5 million in free cash flow, repurchasing 1,108,715 shares for $87.7 million. Fiscal 2025 outlook includes a low single-digit net sales increase and Adjusted EBITDA between $235 million and $255 million.
American Woodmark (AMWD) announced an online conference call to discuss its fourth-quarter results on May 23, 2024. The webcast will be available on americanwoodmark.com, with a live broadcast starting at 4:30 p.m. (Eastern Time). A replay will be accessible online for 30 days and a telephonic replay can be accessed from May 23 to May 30 by dialing 877-344-7529 and entering passcode 7005514.
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