secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN WOODMARK CORP (AMWD)
CIK:        0000794619
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0000794619-23-000082
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Woodmark Q2 net income up 5.4% to $30.3M; raises EBITDA guidance to $235-250M; $125M buyback authorized
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- Net sales fell 15.6% YoY to $473.9M; net income rose 5.4% to $30.3M; GAAP EPS $1.85, adjusted EPS $2.36.
- Adjusted EBITDA increased 7.0% to $72.3M (15.3% of sales) from $67.6M (12.0%) in prior-year quarter.
- FY2024 Adjusted EBITDA guidance raised to $235-250M; net sales decline still expected low double-digit.
- Board authorized new $125M share repurchase program; cancelled remaining $22.9M from prior $100M authorization.
- Repurchased 394,220 shares for $30.0M in Q2; 722,515 shares for $52.1M in H1 FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794619/000079461923000082/0000794619-23-000082-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794619/000079461923000082/amwd-20231130.htm
  HTML page:      https://secwatch.observer/filing/0000794619-23-000082

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