Overview

* American Woodmark ( AMWD ) fiscal Q1 net sales fall 12.2%, missing analyst expectations, per LSEG data

* Adjusted EPS for fiscal Q1 misses estimates, declining to $1.01

* Co repurchased 209,757 shares for $12.4 mln during the quarter

Outlook

* American Woodmark ( AMWD ) will not provide financial guidance due to MasterBrand merger

* Company expects challenging demand trends in new construction and remodel markets

* American Woodmark ( AMWD ) sees persistent macroeconomic challenges impacting demand

Result Drivers

* WEAK DEMAND - Co attributes sales decline to weaker-than-expected demand in new construction and remodel markets, per CEO Scott Culbreth

* COST INCREASES - Increased product input costs, including tariffs, and ERP support expenses impacted profitability

* EXPENSES - Merger-related and restructuring expenses further pressured financial results

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q1 Sales Miss $403.05 $413.30

mln mln (4

Analysts

)

Q1 Miss $1.01 $1.24 (4

Adjusted Analysts

EPS )

Q1 EPS $1

Q1 Gross $67.49

Profit mln

Q1 $20.19

Operatin mln

g Income

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the construction supplies & fixtures peer group is "buy"

* Wall Street's median 12-month price target for American Woodmark Corp ( AMWD ) is $71.00, about 5.6% above its August 25 closing price of $67.02

* The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 9 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)