06:57 AM EDT, 08/27/2024 (MT Newswires) -- American Woodmark ( AMWD ) reported fiscal Q1 adjusted earnings Tuesday of $1.89 per diluted share, down from $2.78 a year earlier.

Four analysts surveyed by Capital IQ expected $2.37.

Net sales for the quarter ended July 31 was $459.1 million, down from $498.3 million a year earlier.

Four analysts surveyed by Capital IQ expected $475.4 million.

For fiscal 2025, the company said it expects "low single-digit decline in net sales year-over-year" and adjusted EBITDA in the range of $225 million to $245 million.

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