American Woodmark (AMWD) Misses Q3 EPS by 13c

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American Woodmark Corporation Announces Third Quarter Results

February 25, 2021 6:30 AM EST

WINCHESTER, Va.--(BUSINESS WIRE)-- American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its third fiscal quarter ended January 31, 2021.

Net sales for the third fiscal quarter increased $36.2 million, or 9.1%, to $432.0 million, compared with the same quarter of the prior fiscal year. The Company experienced growth across all channels, with low double-digit growth in the repair and remodel sales channel and mid-single digit growth in our new construction sales channel during the third quarter of fiscal 2021 as market demand recovered with consumer confidence remaining strong. Net sales for... More