secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN WOODMARK CORP (AMWD)
CIK:        0000794619
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0000794619-24-000067
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Woodmark Q1 net sales down 7.9%; adjusted EBITDA $62.9M, FY outlook soft
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- Net sales $459.1M, down 7.9% YoY; GAAP EPS $1.89 vs $2.28; adjusted EPS $1.89 vs $2.78.
- Adjusted EBITDA $62.9M (13.7% of sales) vs $75.2M (15.1%) YoY; free cash flow $29.4M.
- CEO cites weaker remodel demand and slowdown in new construction starts as headwinds.
- Repurchased 271,460 shares ($24M); $65.4M remains under buyback authorization.
- FY2025 outlook: low single-digit sales decline, Adjusted EBITDA $225M-$245M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794619/000079461924000067/0000794619-24-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794619/000079461924000067/amwd-20240827.htm
  HTML page:      https://secwatch.observer/filing/0000794619-24-000067

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