secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN VANGUARD CORP (AVD)
CIK:        0000005981
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001193125-23-070258
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

American Vanguard FY 2022 net sales +9% to $610M, net income +47%, guides FY 2023 growth
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- Net sales $610M (+9%), net income $27.4M (+47%), diluted EPS $0.92 (+51%).
- Adjusted EBITDA $73.1M (+15%); FY 2023 guidance: net sales $655-685M, adjusted EBITDA $86-91M.
- Net repurchased 1.7M shares (5.5%) in 2022; board authorized up to $15M buyback for 2023.
- Declared quarterly cash dividend $0.03/share, payable Apr 14 to holders Mar 24; FY 2022 total dividend was $0.095.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5981/000119312523070258/0001193125-23-070258-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5981/000119312523070258/d475942d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-070258

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