American Woodmark (AMWD) Misses Q1 EPS by 7c, Revenue Beats

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Go back to American Woodmark (AMWD) Misses Q1 EPS by 7c, Revenue Beats

American Woodmark Corporation Announces First Quarter Results

August 30, 2022 6:30 AM EDT

WINCHESTER, Va.--(BUSINESS WIRE)-- American Woodmark Corporation (NASDAQ: AMWD) (the "Company") today announced results for its first quarter of fiscal 2023 which ended July 31, 2022.

Net sales for the first quarter of fiscal 2023 increased $100.3 million, or 22.7%, to $542.9 million compared with the same quarter of the prior fiscal year. The Company experienced growth in all sales channels during the first quarter of fiscal 2023 versus the prior year period.

Net income was $20.1 million ($1.21 per diluted share) for the first quarter of fiscal 2023 compared with net income of $3.0 million ($0.18 per diluted share)... More