secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN WOODMARK CORP (AMWD)
CIK:        0000794619
Form:       8-K
Filed at:   2021-11-23T23:59:59+00:00
Accession:  0000794619-21-000083
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Woodmark Q2 net income drops to $2.0M from $23.1M; margins shrink to 0.4%
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- Net sales $453.2M (up 1.0%); net income $2.0M ($0.12 diluted EPS) vs $23.1M ($1.36) YoY.
- Adjusted EPS $0.62 vs $2.02 YoY; adjusted EBITDA margin 6.8% vs 14.7% a year ago.
- Inflation outpaced pricing actions; $14M realized in Q2, expects +$36M per quarter by Q4.
- Free cash flow -$37.3M in H1; cash on hand $8.0M; no term loan maturities until July 2023.
- Repurchased $25M shares and paid down $19.7M debt in H1; liquidity includes $233.0M revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794619/000079461921000083/0000794619-21-000083-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794619/000079461921000083/amwd-20211123.htm
  HTML page:      https://secwatch.observer/filing/0000794619-21-000083

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