American Vanguard Q2 net loss widens to $9.9M, reaffirms FY guidance

AMERICAN VANGUARD CORP

2026-Q2 EPS reported -$0.49 revenue$240,322,000

Q2 net sales $117M vs $129M YoY; operating loss $0.30M vs income $4.4M; net loss $9.9M vs $0.849M.
Q2 EPS ($0.34) vs ($0.03); adjusted EBITDA $6.6M vs $11.0M; gross margin 30% vs 31%.
First-half sales $240M vs $245M; adjusted EBITDA $16.9M vs $14M (+21%); EPS ($0.49) vs ($0.33).
Reaffirms FY2026 outlook: adjusted EBITDA $44-48M on sales $530-550M.
L.A. plant rationalization to save at least $4M annually; inventories down $10M YoY; R&D up 12%.

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