NASDAQ$AMWD
American Woodmark Corporation · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
American Woodmark's Q4 2020 results were announced, revealing a slight decrease in net sales but growth in the builder channel.
American Woodmark Corporation reported a decrease in net sales for the fourth fiscal quarter, down 2.0% to $399.2 million. Net income also decreased to $13.0 million, or $0.77 per diluted share. The company experienced growth in the builder channel, but this was offset by declines in other channels. Adjusted EPS was $1.33 compared to $1.87 in the same quarter of the prior year. The company recognized a charge of $0.2 million due to COVID-19 related layoffs.
- Net sales for the fourth fiscal quarter decreased by 2.0% to $399.2 million.
- Net income for the quarter was $13.0 million, or $0.77 per diluted share.
- Adjusted EPS per diluted share was $1.33.
- The company experienced growth in the builder channel but declines in the home center and independent dealers and distributors channels.
Headline financials
Revenue & EPS history
American Woodmark · Revenue · Quarterly
$399M
Forward guidance
Due to the ongoing market conditions related to COVID-19, the Company has taken steps during the fourth quarter of fiscal 2020 and the first quarter of fiscal 2021 to reduce our expenses through a combination of permanent and temporary layoffs. These actions are expected to reduce overhead expenses by approximately $8 million on an annualized basis. The Company recognized a charge of $0.2 million during the fourth quarter of fiscal 2020 and anticipates taking an additional charge of approximately $1.4 million for severance and related expenses during the first quarter of fiscal 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2020
+1.1%
Avg return
Earnings day
-1.7%
Avg return
5 days after
-4.3%
Avg return
30 days after
54%
35 / 65 earnings
Positive
+22.5%
Q2 2018
Best reaction
-19.1%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | — | — | — | |
| Q3 2026 | -0.8% | -8.0% | -22.8% | |
| Q2 2026 | +5.3% | +6.3% | +5.7% | |
| Q1 2026 | +0.6% | -3.7% | -2.5% | |
| Q4 2025 | +3.0% | -3.0% | -6.1% | |
| Q3 2025 | -13.0% | -16.6% | -16.9% | |
| Q2 2025 | -11.6% | -10.0% | -18.7% | |
| Q1 2025 | -11.6% | -10.3% | -8.6% | |
| Q4 2024 | -4.6% | -6.5% | -14.6% | |
| Q3 2024 | +1.2% | -7.7% | +0.6% | |
| Q2 2024 | +16.0% | +15.5% | +28.9% | |
| Q1 2024 | +5.7% | +10.0% | +5.2% | |
| Q4 2023 | +18.8% | +16.1% | +29.4% | |
| Q3 2023 | -10.3% | -2.1% | -14.5% | |
| Q2 2023 | +4.3% | +3.0% | -6.1% | |
| Q1 2023 | +9.3% | +8.4% | -6.5% | |
| Q4 2022 | +3.1% | +1.2% | -10.8% | |
| Q3 2022 | +9.6% | +13.7% | +4.0% | |
| Q2 2022 | -4.6% | -9.7% | -12.6% | |
| Q1 2022 | -13.0% | -13.8% | -18.7% | |
| Q4 2021 | -8.5% | -6.6% | -13.4% | |
| Q3 2021 | -7.4% | -6.5% | -3.7% | |
| Q2 2021 | -12.5% | -11.3% | -8.9% | |
| Q1 2021 | -8.0% | -5.3% | -21.2% | |
| Q4 2020 | +7.3% | +3.7% | +17.5% | |
| Q3 2020 | -19.1% | -27.9% | -54.6% | |
| Q2 2020 | -0.3% | -2.3% | -0.1% | |
| Q1 2020 | +8.4% | +13.2% | +19.0% | |
| Q4 2019 | -13.0% | -15.1% | -3.7% | |
| Q3 2019 | +0.5% | -0.7% | -6.6% | |
| Q2 2019 | -1.5% | -8.2% | -16.0% | |
| Q1 2019 | +1.2% | +0.0% | -5.9% | |
| Q4 2018 | +16.3% | +16.0% | +2.0% | |
| Q3 2018 | -7.1% | -6.3% | -17.8% | |
| Q2 2018 | +22.5% | +18.4% | +30.8% | |
| Q1 2018 | -13.9% | -14.3% | -4.7% | |
| Q4 2017 | +4.4% | +9.2% | +6.1% | |
| Q3 2017 | +6.8% | +6.4% | +10.8% | |
| Q2 2017 | -4.5% | -3.5% | -6.2% | |
| Q1 2017 | +10.3% | +10.2% | +4.6% | |
| Q4 2016 | -13.6% | -20.1% | -15.9% | |
| Q3 2016 | -1.7% | — | — | |
| Q2 2016 | +20.5% | — | — | |
| Q1 2016 | +1.1% | — | — | |
| Q4 2015 | +10.0% | — | — | |
| Q3 2015 | +13.7% | — | — | |
| Q2 2015 | -0.8% | — | — | |
| Q1 2015 | +18.9% | — | — | |
| Q4 2014 | +2.0% | — | — | |
| Q3 2014 | -11.9% | — | — | |
| Q2 2014 | +3.0% | — | — | |
| Q1 2014 | +10.4% | — | — | |
| Q4 2013 | -2.9% | — | — | |
| Q3 2013 | +5.8% | — | — | |
| Q2 2013 | +18.3% | — | — | |
| Q1 2013 | +4.6% | — | — | |
| Q4 2010 | +6.3% | — | — | |
| Q4 2012 | +6.3% | — | — | |
| Q3 2011 | -2.0% | — | — | |
| Q3 2012 | -2.0% | — | — | |
| Q2 2011 | -6.4% | — | — | |
| Q2 2012 | -6.4% | — | — | |
| Q1 2011 | -1.9% | — | — | |
| Q4 2011 | -1.9% | — | — | |
| Q1 2012 | +12.6% | — | — | |
| Q3 2010 | +1.7% | — | — |
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