AWC - American Woodmark Corporation reported Q3 FY2026 net sales of USD 324.3 million, down 18.4%, and a net loss of USD 28.7 million. Adjusted EBITDA was USD 21.6 million, down 43.9%, with an adjusted EBITDA margin of 6.7%, while adjusted EPS was USD 0.45. The quarter included a non-cash goodwill impairment charge of USD 30.1 million, alongside merger-related expenses and restructuring charges. For 9M FY2026, AWC - American Woodmark Corporation posted net sales of USD 1.1 billion, down 14.3%, and a net loss of USD 8.0 million; adjusted EBITDA was USD 103.5 million, down 35.9%, with adjusted EPS of USD 2.21. Operating cash flow for 9M FY2026 was USD 31.1 million and free cash flow was USD 2.1 million; the company repurchased USD 12.4 million of shares in the first nine months, with no repurchases in Q3. Management said demand remained challenging in both new construction and remodel markets, with new construction softening through the quarter. The company highlighted actions to mitigate tariffs and lower demand, including structural cost reductions, supplier negotiations, alternative sourcing and price increases, and said the estimated unmitigated tariff impact in effect at the end of Q3 FY2026 represents approximately 3.5%-4.0% of annualized net sales. AWC - American Woodmark Corporation also said it remains focused on closing its previously announced merger with MasterBrand, Inc., and will not hold an earnings call or update prior guidance due to the pending transaction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AWC - American Woodmark Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260226952554) on February 26, 2026, and is solely responsible for the information contained therein.