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) reported its fiscal first quarter 2025 results. Net sales decreased 7.9% to $459.1 million, while net income fell to $29.6 million ($1.89 per diluted share) compared to $37.9 million ($2.28 per diluted share) last year. Adjusted EBITDA decreased 16.3% to $62.9 million, or 13.7% of net sales.
The company faced weaker demand in the remodel market and expects this trend to continue. Despite challenges, American Woodmark aims for share gains across all channels. For fiscal 2025, the company projects a low single-digit decline in net sales and Adjusted EBITDA between $225 million and $245 million.
American Woodmark (NASDAQ: AMWD) has announced its participation in the upcoming Jefferies Industrial Conference in New York City on September 4, 2024. The company will be represented by two key executives: Paul Joachimczyk, Senior Vice President and Chief Financial Officer, and Kevin Dunnigan, Vice President and Treasurer.
This conference provides an opportunity for American Woodmark to engage with investors and industry professionals, potentially discussing their financial performance, market strategies, and future outlook. The company's presence at such a prominent event highlights its commitment to maintaining strong relationships with the investment community and showcasing its position in the woodworking and home improvement industry.
American Woodmark (NASDAQ: AMWD) has announced its upcoming first quarter conference call, which will be accessible via a real-time webcast. The event is scheduled for Tuesday, August 27, 2024, at 8:30 a.m. Eastern Time. Interested parties can tune in to the live broadcast through the company's website at americanwoodmark.com.
For those unable to attend the live event, an online replay will be available immediately following the call and will remain accessible for 30 days. Additionally, a telephonic replay will be offered from 11:30 a.m. Eastern Time on August 27 until 11:30 a.m. Eastern Time on September 3. To access the telephonic replay, dial 877-344-7529 and enter passcode 8911999.
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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