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American Woodmark Corporation has experienced strong stock performance, with shares up 34.9% since June 2023 and 74.3% since February 2023. The company has seen weakness in revenue due to a decline in sales across key areas, but profitability has improved with net income and operating cash flow increasing. Management believes the future is bright, with opportunities for growth in the housing ma...
Strong housing demand makes homebuilders an ideal long-term investment. The fact that these four are actively buying back their stock only sweetens the pot.
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced a new brand being added to their portfolio: 1951 Cabinetry™. Inspired by the Company's 70-year heritage, 1951 aims to build on the cabinet manufacturer's strong foundation to provide unparalleled service to distributors. 1951 Cabinetry will be sold directly to distribut...
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its third fiscal quarter ended January 31, 2024. “As our teams have demonstrated throughout the fiscal year, we delivered strong financial performance in the third quarter of fiscal year 2024 despite the slowing demand environment,” said Scott Culbreth, Pres...
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD) will provide an online, real-time webcast of its conference call to discuss third quarter results on Thursday, February 29, 2024. The live broadcast of American Woodmark Corporation's conference call will be available online at: americanwoodmark.com on Thursday, February 29, beginning at 4:30 p.m. (Ea...
WINCHESTER, Va.--(BUSINESS WIRE)---- $AMWD #AMWD--American Woodmark Corporation (NASDAQ: AMWD), a leading supplier of cabinetry to the new construction and remodeling industries, today announced that Philip Fracassa has joined its board of directors. Mr. Fracassa has served as executive vice president and chief financial officer of The Timken Company (NYSE: TKR), a global leader in engineered b...
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