Profile
Sector:
Consumer CyclicalIndustry:
Furnishings, Fixtures & AppliancesCountry:
United StatesIPO:
18 July 1986Website:
http://www.americanwoodmark.comNext earnings report:
29 November 2024Last dividends:
09 June 2011Next dividends:
N/APrice
after hours | Mon, 04 Nov 2024 21:02:13 GMTDividend
Analysts recommendations
Institutional Ownership
AMWD Latest News
U.S. stocks traded mixed toward the end of trading, with the S&P 500 gaining around 0.2% on Tuesday.
American Woodmark missed badly on both sales and earnings in its fiscal first quarter. Profits fell by 32%, and free cash flow may have been cut in half.
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its first fiscal quarter ended July 31, 2024. “Our team delivered net sales growth in the new construction market, but this was more than offset by weaker than projected demand in the remodel market,” said Scott Culbreth, President and CEO. “Softer demand in the remodel market is expected to continue and we have seen a recent slowdown in new construction single family start.
American Woodmark's share price has fallen a double-digit percentage year-to-date and 25% since March, prompting me to take a closer look. Q4 results appear to show stability in the market and in their competitiveness, which, if true, signals a different outlook than what their valuation implies. There are risks in the form of capital allocation, management, and macro pressures creeping back in, but today's price might fully compensate for those risks.
After posting three straight beats of the Zacks Consensus Estimate, this company missed the most recent quarter and estimates have fallen.
Investors need to pay close attention to American Woodmark (AMWD) stock based on the movements in the options market lately.
American Woodmark Corporation (NASDAQ:AMWD ) Q4 2024 Results Conference Call May 23, 2024 4:30 PM ET Company Participants Paul Joachimczyk - Senior Vice President and Chief Financial Officer Scott Culbreth - President and Chief Executive Officer Conference Call Participants Brian Biros - Thompson Research Group Zack Pacheco - Loop Capital Collin Verron - Jefferies Tim Wojs - Baird Operator Good day, and welcome to the American Woodmark Corporation Fourth Fiscal Quarter 2024 Conference Call. Today's call is being recorded, May 23, 2024.
American Woodmark (AMWD) came out with quarterly earnings of $1.70 per share, missing the Zacks Consensus Estimate of $1.75 per share. This compares to earnings of $2.21 per share a year ago.
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its fourth fiscal quarter ended April 30, 2024 and its fiscal year ended April 30, 2024. “Our teams delivered another strong quarter despite the soft remodel market demand environment,” said Scott Culbreth, President and CEO. “Net sales and Adjusted EBITDA exceeded our expectations for the quarter as the demand environment began to improve. For the full fiscal year, our tea.
American Woodmark's (AMWD) fiscal fourth-quarter results are likely to witness lower demand and higher operational costs.
What type of business is American Woodmark?
American Woodmark Corporation is one of the largest American manufacturers of ready-to-assemble furniture for kitchens, bathrooms, and offices at prices ranging from relatively low to medium. The company was founded in 1980, with headquarters located in Winchester, Virginia. Woodmark produces and distributes its products in the US market. Customers have the option to purchase ready-made cabinets and countertops or order the production and installation of unique designs. The company's main clients are home goods retailers Home Depot and Lowe's (accounting for about half of sales), construction companies, and a network of independent dealers and distributors. Currently, Woodmark has 18 manufacturing facilities and 8 service centers in the US and Mexico.
What sector is American Woodmark in?
American Woodmark is in the Consumer Cyclical sector
What industry is American Woodmark in?
American Woodmark is in the Furnishings, Fixtures & Appliances industry
What country is American Woodmark from?
American Woodmark is headquartered in United States
When did American Woodmark go public?
American Woodmark initial public offering (IPO) was on 18 July 1986
What is American Woodmark website?
https://www.americanwoodmark.com
Is American Woodmark in the S&P 500?
No, American Woodmark is not included in the S&P 500 index
Is American Woodmark in the NASDAQ 100?
No, American Woodmark is not included in the NASDAQ 100 index
Is American Woodmark in the Dow Jones?
No, American Woodmark is not included in the Dow Jones index
When was American Woodmark the previous earnings report?
No data
When does American Woodmark earnings report?
The next expected earnings date for American Woodmark is 29 November 2024