earnings
confidence high
sentiment positive
materiality 0.80
American Woodmark Q1 FY2023: Net sales +22.7% to $542.9M, EPS $1.21 vs $0.18
AMERICAN WOODMARK CORP
2023-Q1 EPS reported
$1.21
revenue$542,893,000
- Net sales $542.9M (+22.7% YoY); net income $20.1M ($1.21 diluted EPS) vs $3.0M ($0.18) prior year.
- Adjusted EBITDA $56.5M (10.4% of sales), up 76% from $32.1M (7.3%); free cash flow $32.7M.
- Cash $33.7M; no term loan maturities until July 2023; $239.4M revolver availability; debt reduced $20.6M.
- Growth across all sales channels; price increases and cost efficiencies partially offset higher material and logistics costs.