American Woodmark Projects FY25 Net Sales To Decline In Low Single Digits; Adjusted EBITDA Of $225M - $245M
Portfolio Pulse from Benzinga Newsdesk
American Woodmark forecasts a decline in net sales for FY25 in the low single digits, with an adjusted EBITDA expected to be between $225 million and $245 million.
August 27, 2024 | 10:33 am
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American Woodmark projects a decline in net sales for FY25 in the low single digits, with adjusted EBITDA expected to range from $225 million to $245 million. This indicates potential challenges in revenue growth but stable profitability.
The forecasted decline in net sales suggests potential challenges in revenue growth, which could negatively impact investor sentiment. However, the stable adjusted EBITDA range indicates maintained profitability, slightly mitigating the negative outlook.
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