Business
American Woodmark Announces Fiscal Fourth Quarter and Fiscal Year Results
Fiscal Fourth Quarter 2025 Financial Highlights: Net sales decreased 11.7% year-over-year to $400.4 million Net income decreased 4.6% year-over-year to $25.6
About this update from American Woodmark Corporation
[{"type":"text","content":"\nFiscal Fourth Quarter 2025 Financial Highlights:\n\n\n\nNet sales decreased 11.7% year-over-year to $400.4 million\n\n\n\nNet income decreased 4.6% year-over-year to $25.6 million; 6.4% of net sales\n\n\n\nGAAP EPS of $1.71; Adjusted EPS of $1.61\n\n\n\nAdjusted EBITDA decreased 13.9% year-over-year to $47.1 million; 11.8% of net sales\n\n\n\nCash provided by operating activities of $44.8 million; free cash flow of $34.2 million\n\n\n\nRepurchased 417,298 shares for $27.6 million\n\n\n\nFiscal 2025 Financial Highlights:\n\n\n\nNet sales decreased 7.5% year-over-year to $1,709.6 million\n\n\n\nNet income decreased 14.4% year-over-year to $99.5 million; 5.8% of net sales\n\n\n\nGAAP EPS of $6.50; Adjusted EPS of $6.90\n\n\n\nAdjusted EBITDA decreased 17.5% year-over-year to $208.6 million; 12.2% of net sales\n\n\n\nCash provided by operating activities of $108.4 million; free cash flow of $65.7 million\n\n\n\nRepurchased 1,169,710 shares for $96.7 million\n\n\n\n WINCHESTER, Va.--(BUSINESS WIRE)--\nAmerican Woodmark Corporation (NASDAQ: AMWD) (the \"Company\") today announced results for its fourth fiscal quarter ended April 30, 2025 and its fiscal year ended April 30, 2025.\n\n\n“Demand for our products in the new construction and remodel market were weaker than expected as uncertainty regarding tariff policies and declining consumer confidence slowed foot traffic with builders and retailers. However, our teams continued to execute well and delivered Adjusted EBITDA margins of 11.8% for the fourth fiscal quarter,” said Scott Culbreth, President and CEO. “Demand trends are expected to remain challenging and our outlook for fiscal year 2026 ranges from low-single digit declines to low-single digit increases in net sales for the full fiscal year. We expect to outperform market growth rates but have widened our outlook due to uncertainty related to tariffs with net sales declines expected throughout the first half of the fiscal year.”\n\n\nFourth Quarter Results\n\n\nNet sales for the fourth quarter of fiscal 2025 decreased $52.9 million, or 11.7%, to $400.4 million compared with the same quarter of the prior fiscal year. Net income was $25.6 million ($1.71 per diluted share and 6.4% of net sales) compared with $26.8 million ($1.69 per diluted share) in the same quarter of the prior fiscal year. Net income for the fourth quarter of...