{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-001230","form_type":"8-K","ticker":"NX","cik":"0001423221","company_name":"Quanex Building Products CORP","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.145209+00:00","generated_at":"2026-06-05T01:22:17.493266+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Quanex Q1 revenue down 8.7% to $239.2M; guides FY2024 Adj. EBITDA $145-150M","bullets":["Diluted EPS $0.19 vs $0.06; adjusted diluted EPS $0.18 vs $0.18 year-over-year.","Gross margin expanded to 21.5% from 19.8% on lower raw material costs.","North American Cabinet Components segment sales fell 21.1%; Fenestration down 3.3%.","Repaid $5M in bank debt; total debt $65.2M; net leverage unchanged at 0.1x.","FY2024 revenue guidance ~$1.1B; adjusted EBITDA $145M-$150M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-001230","json":"https://secwatch.observer/filing/0001171843-24-001230.json","markdown":"https://secwatch.observer/filing/0001171843-24-001230.md","text":"https://secwatch.observer/filing/0001171843-24-001230.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1423221/000117184324001230/0001171843-24-001230-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1423221/000117184324001230/f8k_030724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:22:17.493266+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f462f04cdcecdc1625e28754415fd394dcc7f4c5","claim":"Quanex Building Products CORP reported fiscal 2024 results: revenue $1.1 billion. Guidance initiated.","evidence_excerpt":"Based on conversations with our customers, recent demand trends, and the latest macro data, we are now comfortable providing guidance for fiscal 2024. Overall, on a consolidated basis, we estimate we will generate net sales of approximately $1.1 billion, which we expect will yield approximately $145 million to $150 million in Adjusted EBITDA* in fiscal 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1423221/000117184324001230/0001171843-24-001230-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fiscal 2024"},{"label":"Revenue","value":"$1.1 billion"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"},{"claim_id":"fa18577813effab57e8d0e53099fb01df5be7504","claim":"Quanex Building Products CORP reported three months ended January 31, 2024 results: revenue $239.2 million, net income $6.2 million, EPS $0.19.","evidence_excerpt":"and we continue to be positioned well to explore and evaluate both organic and inorganic growth opportunities.” First Quarter 2024 Results Summary Quanex reported net sales of $239.2 million during the three months ended January 31, 2024, which represents a decrease of 8.7% compared to $261.9 million for the same period of 2023. The decrease was largely attributable","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1423221/000117184324001230/0001171843-24-001230-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"three months ended January 31, 2024"},{"label":"Revenue","value":"$239.2 million"},{"label":"Net income","value":"$6.2 million"},{"label":"EPS","value":"$0.19"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}