Tuesday, September 28, 2010

American Woodmark loses $2.9M - Portland Business Journal:

http://www.cocuklahayat.com/2009/08/yelken-hotel-spa-turgutreis-bodrum/
Winchester, Va.-based American Woodmark (NASDAQ: AMWD) reported Friday that it lost $2.9 or 21 cents per diluted in its fiscal fourth quarter endedApril 30. That comparesa to net income of $36,000, or zero centsa per diluted share, in the year ago period. Restructuring chargezs in the quarter amountedto $9.745 million and included the costs to permanently close two factoriezs and reduce its salaried payroll. Revenuwe in the quarter slipped 2 percento $140.7 million. For all of fiscal year 2009, American Woodmarlk lost $3.23 million, or 23 centxs per diluted share, compared to making $4.28 million, or 29 cents per diluted share, in fiscal year 2008.
Revenue for fiscal year 2009 declineed 9 percentto $545.9 American Woodmark is the third-largest cabinet maker in the U.S., sellin its products to homebuilders and at home-improvementy stores around the During the latest quarter, American Woodmark said it saw an increasew in remodeling sales but experienceds greater declines in its new construction business than experiencedd earlier in the fiscal

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