secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN VANGUARD CORP (AVD)
CIK:        0000005981
Form:       8-K
Filed at:   2024-03-18T23:59:59+00:00
Accession:  0001193125-24-070124
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AVD reports Q4 net sales $172.2M, EPS $0.25; FY sales $579M; guides 2024 EBITDA $70-80M
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- Q4 net sales $172.2M (+8% YoY), EPS $0.25 vs $0.13, adjusted EBITDA $21M.
- FY2023 net sales $579M (-5% YoY), EPS $0.26 vs $0.92, adjusted EBITDA $55M.
- FY2023 net income $7.5M, down from $27.4M in 2022.
- Guidance: 8-12% revenue growth, adjusted EBITDA $70-80M for 2024.
- Targets additional $15M+ adjusted EBITDA via transformation by 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/5981/000119312524070124/0001193125-24-070124-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/5981/000119312524070124/d766307d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-070124

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer