---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-136157"
form_type: "8-K"
ticker: "AVD"
cik: "0000005981"
company_name: "AMERICAN VANGUARD CORP"
filed_at: "2024-05-10T23:59:59+00:00"
generated_at: "2026-06-02T04:21:24.934178+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# American Vanguard Q1 net sales up 8% to $135M; adjusted EBITDA up 35% to $15.5M; guides FY adjusted EBITDA $60-70M

## Summary
- Net sales $135M (+8% YoY); diluted EPS $0.06 vs $0.07; net income $1.6M vs $1.9M.
- Adjusted EBITDA $15.5M (+35%); operating income $6.1M (+87%); transformation program targets $15M annualized EBITDA by 2026.
- FY guidance: net sales growth 6-9%, adjusted EBITDA $60-70M.
- Voluntarily suspended Dacthal herbicide sales pending EPA label resolution; cites USEPA concerns.
- Growth across all three segments (US Crop, US Non-crop, International); destocking subsiding but channel remains cautious.

## SEC filing metadata
- accession: 0001193125-24-136157
- form_type: 8-K
- ticker: AVD
- cik: 0000005981
- company_name: AMERICAN VANGUARD CORP
- filed_at: 2024-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/5981/000119312524136157/0001193125-24-136157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/5981/000119312524136157/d770184d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-136157
- JSON: https://secwatch.observer/filing/0001193125-24-136157.json
- Plain text: https://secwatch.observer/filing/0001193125-24-136157.txt

## Key facts
- Earnings Releases
  AMERICAN VANGUARD CORP reported the first quarter ended March 31, 2024 results: revenue $135 million, net income $1.6 million, EPS $0.06. Guidance reaffirmed.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $135 million
  - Net income: $1.6 million
  - EPS: $0.06
  - Guidance: reaffirmed
  - Result: reported results
  source text: (NYSE: AVD) today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights – versus First Quarter 2023: • Net sales of $135 million vs. $125 million • Adjusted EBITDA 1 of $15.5 million vs. $11.5 million • Operating Income of $6.1 million vs. $3.3 million • Net income of $1.6 million vs. $1.9 million •
  evidence_url: https://www.sec.gov/Archives/edgar/data/5981/000119312524136157/0001193125-24-136157-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.