Picture of American Woodmark logo

AMWD American Woodmark News Story

0.000.00%
us flag iconLast trade - 00:00
Consumer CyclicalsAdventurousMid CapContrarian

Cabinet maker American Woodmark falls on narrower Q3 profit

** Shares of cabinet maker American Woodmark AMWD.O down nearly 4% at $50 in morning trade

** AMWD reports Q3 adjusted profit of 45 cents per share, vs. profit of $1.05 per share a year ago; beats analysts' average estimate of 28 cents per share - data compiled by LSEG

** Co attributes lower quarterly profit to challenging demand trends in new construction and remodel markets

** Q3 net sales fall 18.4% YoY to $324.30 million

** Including session's moves, shares down 4.9% YTD

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))

Recent news on American Woodmark

See all news