BUZZ-American Woodmark falls after Q3 results miss
ReutersFeb 27, 2025 4:30 PM
Updates
Shares of cabinet manufacturer American Woodmark Corp AMWD.O down 12.4% at $62.35
AMWD posts Q3 adj. EPS of $1.05, below analysts' avg. estimate of $1.33, according to data compiled by LSEG
Reports Q3 sales of $397.6 mln, missing expectations of $405.7 mln
"The quarter was impacted by softer demand in the remodel market and a decline in new construction single family activity as inventories were reduced," CEO Scott Culbreth says
As of last close, shares down ~10.5% YTD
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