American Woodmark Q3 net sales $480.7M (+4.6% YoY); net income $14.7M vs loss of $49.3M

AMERICAN WOODMARK CORP

2023-Q3 EPS reported $3.82 revenue$1,585,105,000

Net income $14.7M ($0.88 diluted EPS) vs net loss of $49.3M ($2.97 loss) in prior year.
Adjusted EPS $1.46 vs $0.60; Adjusted EBITDA $51.0M (10.6% of sales) vs $30.6M (6.6%).
Free cash flow $91.5M for nine months; debt paydown $67.3M; no term loan maturities until July 2024.
Maintains full-year outlook: low double-digit net sales growth and low double-digit Adjusted EBITDA margins.
Growth in builder and independent dealer/distributor channels during Q3.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

AMERICAN WOODMARK CORP reported third quarter of fiscal 2023 ended January 31, 2023 results: revenue $480.7 million, net income $14.7 million, EPS $0.88. Guidance reaffirmed.

Period: third quarter of fiscal 2023 ended January 31, 2023
Revenue: $480.7 million
Net income: $14.7 million
EPS: $0.88
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Net sales for the third quarter of fiscal 2023 increased $21.0 million, or 4.6%, to $480.7 million compared with the same quarter of the prior fiscal year. Net sales for the first nine months of the current fiscal year increased 16.9% to $1,585.1 million from the comparable period of the prior fiscal year. The Company experienced growth in the builder and independent dealers and distributors sales channels during the third quarter and growth in all sales channels during the first nine months of fiscal 2023 versus the comparable prior year periods. Net income was $14.7 million ($0.88 per diluted share) for the third quarter of fiscal 2023 compared with a net loss of $49.3 million ($2.97 per diluted share) in the same quarter of the prior fiscal year.

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

AMERICAN WOODMARK CORP filing history →

Source: SEC EDGAR

accession 0000794619-23-000004

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.