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American Vanguard Corporation - $AVD STOCK NEWS

Welcome to our dedicated page for American Vanguard Corporation news (Ticker: $AVD), a resource for investors and traders seeking the latest updates and insights on American Vanguard Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Vanguard Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Vanguard Corporation's position in the market.

Rhea-AI Summary
American Vanguard Corporation (NYSE: AVD) announces Q3 sales in line with prior year, transformation plan for future growth, and rebound expected in Q4. CEO Eric Wintemute highlights flat quarterly sales despite global destocking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.32%
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none
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Rhea-AI Summary
American Vanguard Corporation (AVD) extends its partnership with NewLeaf Symbiotics, expanding distribution to Argentina, Brazil, Ukraine, and China, aiming to accelerate its GreenSolutions biological portfolio internationally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.54%
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partnership
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Rhea-AI Summary
American Vanguard Corporation (NYSE: AVD) has hired Ms. Shirin Khosravi as Senior Vice President of Human Resources. With over 30 years of international HR experience in Fortune 500 companies, she brings expertise in talent management, succession planning, and employee engagement. The company aims to drive key performance objectives and enhance skill set development with a systematic approach.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
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none
Rhea-AI Summary
American Vanguard Corporation (NYSE: AVD) will report financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023. The conference call, hosted by Eric Wintemute, Chairman & CEO, and David T. Johnson, CFO, will focus on operating performance and financial results at 5 pm ET / 2 pm PT on November 8, 2023. Interested parties can participate in the call by dialing 201-493-6744 or by accessing the live webcast on the company's website at www.american-vanguard.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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-
Rhea-AI Summary
American Vanguard Corporation's subsidiary AMVAC LATAM has acquired Punto Verde, a distributor in Ecuador, to strengthen its product portfolio and market access in Latin America.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
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Rhea-AI Summary
American Vanguard Corporation releases its 2023 Corporate Sustainability Report, emphasizing its commitment to Sustainable Agriculture and climate change mitigation. The report highlights its portfolio of Climate-Smart Ag solutions and provides updates on safety and environmental metrics. Future reports will include expansion of reporting to include Scope 3 GHG emissions and social and governance metrics.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.22%
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none
Rhea-AI Summary
American Vanguard Corporation declares cash dividend of $0.03 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
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dividends
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Rhea-AI Summary
American Vanguard Corporation (NYSE: AVD) announced lower-than-expected financial results for the second quarter and six months ended June 30, 2023. Net sales decreased by $15,413 and $40,123 for the respective periods compared to the previous year. Net income also declined by $7,883 and $15,900, while EPS decreased by $0.27 and $0.52. The company attributes the decline to a drop in procurement activity in the Global Agriculture industry and a flood of low-priced products from China-based suppliers. However, American Vanguard expects a rebound in the second half of 2023 as demand is expected to improve significantly. The company has revised its 2023 performance targets and announced a share repurchase program of up to $7.5 million.
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End-of-Day
-16.36%
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Rhea-AI Sentiment
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-0.91%
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American Vanguard Corporation

NYSE:AVD

AVD Rankings

AVD Stock Data

327.81M
26.81M
6.45%
83.55%
2.27%
Pesticide and Other Agricultural Chemical Manufacturing
Manufacturing
Link
United States of America
NEWPORT BEACH

About AVD

american vanguard corporation, through its subsidiaries, develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses in the united states and internationally. the company manufactures and formulates chemicals, including insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants in liquid, powder, and granular forms for crops, turf and ornamental plants, and human and animal health protection. it also markets and distributes end-use chemical and biological products for crop applications; distributes chemicals for greenhouse and nursery production markets; and offers formulations, such as pcnb, chlorothalonil, and propiconazole under the ffii and ffiii names. the company distributes its products through national distribution companies, and buying groups or co-operatives; and through sales offices, sales force executives, sales agents, and wholly owned distributors. american vanguard corporation was founded in 196