secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN WOODMARK CORP (AMWD)
CIK:        0000794619
Form:       8-K
Filed at:   2022-05-26T23:59:59+00:00
Accession:  0000794619-22-000036
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Woodmark Q4 sales up 6% to $501.7M; net income $14.5M vs $3.6M; FY net loss on pension charge
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- Q4 net sales $501.7M (+6.0% YoY); net income $14.5M ($0.87 diluted EPS) vs $3.6M ($0.21) prior year.
- Adjusted EPS Q4 $1.38 vs $1.32; FY adjusted EPS $3.29 vs $6.54; Adjusted EBITDA margins 8.9% vs 10.2%.
- FY2022 net loss $29.7M ($1.79 diluted) vs income $61.2M prior, driven by $68.5M pension termination charge.
- Cash from operations FY $24.4M; free cash flow -$27.1M; cash $22.3M; total debt $500.5M ($237.5M term + $263M revolver).
- CEO expects significant Adjusted EBITDA margin improvement in FY2023 as pricing and productivity offset inflation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794619/000079461922000036/0000794619-22-000036-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794619/000079461922000036/amwd-20220526.htm
  HTML page:      https://secwatch.observer/filing/0000794619-22-000036

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