secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMERICAN WOODMARK CORP (AMWD)
CIK:        0000794619
Form:       8-K
Filed at:   2023-08-29T23:59:59+00:00
Accession:  0000794619-23-000055
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Woodmark Q1: net sales down 8.2% to $498.3M; Adj. EPS $2.78, raises FY24 EBITDA outlook
--------------------------------------------------------------------------------

- Net sales $498.3M, down 8.2% YoY; GAAP EPS $2.28, Adj. EPS $2.78 (vs $1.71 YoY).
- Net income $37.9M, up 89% YoY; Adjusted EBITDA $75.2M, up 33% YoY, margin 15.1%.
- FY24 outlook: low double digit sales decline; Adj. EBITDA $225-245M, raised by $20M.
- Operating cash flow $86.7M, free cash flow $72.5M; repurchased 328k shares for $22.1M.
- Includes $4.9M pre-tax charge related to plywood case litigation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794619/000079461923000055/0000794619-23-000055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794619/000079461923000055/amwd-20230829.htm
  HTML page:      https://secwatch.observer/filing/0000794619-23-000055

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer