secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN WOODMARK CORP (AMWD)
CIK:        0000794619
Form:       8-K
Filed at:   2026-05-12T20:18:07+00:00
Accession:  0000794619-26-000014
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 2.05, 2.06
LLM model:  deepseek-v4-flash:cloud@v2

American Woodmark to close Monterrey plant, expects $36-40M charges, $7.5M annual savings
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- Board authorized wind-down of Monterrey, Mexico plant due to low demand and rising tariff costs; consolidation to Tijuana and US plants by June 30, 2026.
- Estimated one-time charges of $36-40M, with $32.5-36.5M in fiscal 2027; subsequent years $3.6M.
- Non-cash charges include $12.5-14.7M building lease ROU impairment, $13.1M equipment depreciation, $3.5M software amortization, $0.6M leasehold improvements.
- Cash costs: $1.2M employee costs, $0.7-2.2M equipment moves/inventory transfers, $0.9-1.2M closure costs; $2.6M cash in FY 2029 and $0.9M non-cash in FY 2030.
- Expects ~$7.5M annual cost savings from reduced tariffs, labor, and overhead beginning in fiscal 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794619/000079461926000014/0000794619-26-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794619/000079461926000014/amwd-20260512.htm
  HTML page:      https://secwatch.observer/filing/0000794619-26-000014

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