AMERICAN WOODMARK (AMWD) Company Report

American Woodmark Corporation reported net sales of $394.6 million and GAAP EPS of $0.42 for the second fiscal quarter ended October 31, 2025.
Net sales for Q2 fiscal 2026 decreased by 12.8% compared to the prior year, with net income falling by $21.6 million due to lower sales, higher tariff and input costs, and merger-related expenses.
The company highlighted challenged demand trends in both new construction and remodel markets and is focused on closing its previously announced merger with MasterBrand, Inc..
Due to the pending merger, American Woodmark will not be providing or updating financial guidance.

Nov 25, 2025, 1:53 PM

American Woodmark Reports Q2 Fiscal 2026 Sales Decline Amid Merger Preparations

AMWD

Earnings

Demand Weakening

M&A

American Woodmark Corporation reported a challenging second quarter for fiscal 2026, with net sales declining 12.8% to $394.6 million and net income dropping significantly to $6.1 million.
The company's adjusted EPS for Q2 fiscal 2026 was $0.76, which missed expectations by $0.44.
Both remodeling sales and builder sales experienced significant declines, with remodeling sales decreasing 7.0% in Q2 and builder sales declining 19.7% in Q2.
American Woodmark is preparing to complete its merger with MasterBrand, Inc., and consequently, is not holding a conference call or updating financial guidance for this quarter.
The company faces headwinds from lower demand, increased tariffs (estimated to affect 4-4.5% of annualized net sales), and higher input costs, but is implementing cost reductions and price increases.

Nov 25, 2025, 11:51 AM

American Woodmark Shareholders Approve Merger with MasterBrand

AMWD

M&A

Proxy Vote Outcomes

American Woodmark Corporation shareholders approved the merger with MasterBrand, Inc. on October 30, 2025.
The proposal to approve and adopt the merger agreement received 12,717,195 "For" votes from American Woodmark shareholders.
The transaction's closing remains contingent on regulatory clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and other customary closing conditions.

Oct 30, 2025, 8:17 PM

American Woodmark Shareholders Approve MasterBrand Merger

AMWD

M&A

Proxy Vote Outcomes

MasterBrand, Inc. and American Woodmark Corporation have received shareholder approvals for their previously announced combination.
The closing of the transaction remains subject to clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and other customary closing conditions.
Both MasterBrand's President and CEO, Dave Banyard, and American Woodmark's President and CEO, Scott Culbreth, expressed strong confidence in the transformative combination and anticipate a smooth integration following regulatory approval.

Oct 30, 2025, 8:05 PM

American Woodmark Provides Merger Updates and Supplemental Disclosures

AMWD

M&A

Legal Proceedings

American Woodmark Corporation entered into a Merger Agreement with MasterBrand, Inc. on August 5, 2025, under which American Woodmark will become a wholly owned subsidiary of MasterBrand.
A joint proxy statement/prospectus for the merger was mailed to stockholders on September 25, 2025, after the registration statement was declared effective.
The company and MasterBrand voluntarily issued supplemental disclosures to address stockholder lawsuits and demand letters alleging omissions in the joint proxy statement/prospectus.
These supplemental disclosures include MasterBrand's and American Woodmark's stand-alone financial projections for Net Sales, Adjusted EBITDA, and Unlevered Free Cash Flow through CY29E, along with details on valuation analyses performed by financial advisors.

Oct 20, 2025, 9:19 PM

American Woodmark Reports Challenging Q1 FY2026 Results

AMWD

Earnings

Demand Weakening

M&A

American Woodmark reported a challenging first quarter for fiscal 2026, with revenue declining 12.2% year-over-year to $403 million and non-GAAP earnings per share dropping 52.8% to $1.01, missing analyst expectations.
The company attributed the sales decline to continued weakness in both new construction and home remodel markets and a shift toward lower-margin, value-based product lines.
Operating margins fell significantly to 5% from 10.2% a year ago, and adjusted EBITDA decreased by 32.8% year-over-year, though free cash flow margin improved to 10.2%.
Management refrained from issuing updated financial guidance due to a proposed merger with MasterBrand, reflecting strategic uncertainty.

Aug 26, 2025, 10:52 AM

Earnings Transcripts

Quarterly earnings call transcripts for AMERICAN WOODMARK.

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