American Woodmark Q3 revenue misses on tariff impact

American Woodmark

26/02/2026 11:42

Overview

Cabinet manufacturer's fiscal Q3 revenue fell 18.4%, missing analyst expectations

Adjusted EPS for fiscal Q3 beat analyst expectations

Company facing challenges from lower demand and higher costs

Outlook

American Woodmark will not provide or update financial guidance due to pending merger

Company focuses on mitigating tariffs and reducing impact of lower demand

Merger with MasterBrand to expand product portfolio and innovation capabilities

Result Drivers

DEMAND CHALLENGES - Co faced challenging demand trends in new construction and remodel markets, impacting net sales

TARIFF IMPACT - Higher tariffs affected costs, with unmitigated impact estimated at 3.5-4.0% of annualized net sales

COST REDUCTION STRATEGIES - Co implemented structural cost reductions, supplier negotiations, alternative sourcing, and price increases to mitigate lower demand

Company press release: ID:nBw41sHHDa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Miss
$324.30 mln
$368.79 mln (4 Analysts)
Q3 Adjusted EPS
Beat
$0.45
$0.28 (4 Analysts)
Q3 EPS
-$1.97
Q3 Net Income
-$28.72 mln
Q3 Adjusted EBITDA
-$16.78 mln
Q3 Gross Profit
$37.75 mln
Q3 Operating Income
-$33.86 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction supplies & fixtures peer group is "buy."

Wall Street's median 12-month price target for American Woodmark Corp is $71.00, about 36.6% above its February 25 closing price of $51.96

The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 13 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)