American Woodmark Corporation is a leading manufacturer and distributor of kitchen, bath, and home organization products in the United States, serving major home centers, builders, and independent dealers.

# Company Summary: American Woodmark Corporation

**Overview:**  
American Woodmark is a leading manufacturer and distributor of kitchen, bath, and home organization products for the remodeling and new home construction markets in the United States. The company emphasizes high service levels across various channels, offering a diverse product portfolio, and operates with a strong focus on operational excellence and growth.

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## Business Operations
- **Employees:** Over 7,800 full-time employees as of April 30, 2025.
- **Product Offerings:**  
  - Kitchen cabinetry  
  - Bath cabinetry  
  - Office cabinetry  
  - Home organization solutions  
  - Hardware  
- **Product Types:**  
  - Made-to-order products with higher-grade materials and customization options  
  - Stock products for high-volume retail sales, primarily through home centers  
- **Manufacturing Facilities:**  
  - 17 manufacturing plants located across the U.S. (Maryland, Indiana, West Virginia, Georgia, Arizona, Kentucky, California, Texas, North Carolina) and Mexico (Tijuana and Monterrey)  
  - Recent expansion includes a new Mexico facility in Monterrey and an expanded plant in Hamlet, North Carolina  
- **Distribution:**  
  - Distribution and service centers strategically located across the U.S.  
  - Distribution via company-owned facilities, third-party logistics, and freight arrangements

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## Customers & Market Channels
- **Primary Channels:**  
  - **Home Centers:** Major customers include Home Depot and Lowe’s, which together accounted for approximately **40.8% of net sales in FY2025**.  
  - **Builders:** Serves 17 of the top 20 U.S. home builders, with a significant focus on single-family and multi-family construction, representing **43.5% of FY2025 net sales**.  
  - **Independent Dealers & Distributors:** Launched the Waypoint Living Spaces® brand in 2010, serving over **1,500 regional and local dealers** nationwide. Also sells the 1951 Cabinetry™ brand through regional distributors, focusing on traditional and modern design options.

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## Financial Highlights (Fiscal Year Ended April 30, 2025)
- **Revenue:**  
  - Total net sales: **$1.71 billion** (decreased 7.5% from FY2024)  
- **Income:**  
  - Net income: **$99.5 million** (down from $116.2 million in FY2024)  
  - Operating income: **$140.2 million**  
- **Margins:**  
  - Gross profit margin: **17.9%**  
  - Operating margin: **8.2%**  
  - Net income margin: **5.8%**  
- **Employees:** Over **7,800 employees**  
- **Major Customers:** The largest sales channel (Home Centers) and top customers include Home Depot and Lowe’s, which together make up about **40.8% of FY2025 net sales**.  
- **Ownership & Stock:**  
  - Approximately **14.5 million** shares outstanding as of June 17, 2025.  
  - The company is a NASDAQ-listed company with ticker **AMWD**.  

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## Summary of Strategic Focus
- **Growth:** Expand market reach through product offerings and new channels.  
- **Digital Transformation:** Implement cloud-based ERP systems and automation to improve efficiency.  
- **Platform Design:** Reduce operational complexity and improve margins.  
- **Customer Relationships:** Maintain long-term relationships, especially with large retail and builder customers.  
- **Global Manufacturing:** Operates 17 facilities in the U.S. and Mexico with a focus on operational efficiencies, low-cost manufacturing, and quick delivery to meet customer expectations.

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This summary accurately reflects the company's business scope, operational structure, customer base, product offerings, and fiscal performance based on the provided document.

American Woodmark Corporation is one of the largest cabinet manufacturers in the U.S., specializing in kitchen, bath, and office cabinetry along with home organization systems.

# American Woodmark Corporation

## Company profile
- Incorporated: 1980  
- Public offering: Became public in 1986  
- Employees: Over 8,600  
- Brands: More than a dozen brands  
- Market position: One of the largest cabinet manufacturers in the U.S.

## Business operations
American Woodmark designs, manufactures, and installs cabinetry and related products, offering a higher level of service than many competitors. The company serves national and regional markets with a broad array of options for homeowners, builders, designers, dealers, and retailers.

### Key business segments
1. Products
   - Kitchen cabinetry
   - Bath cabinetry
   - Office cabinetry
   - Home organization systems
   - Hardware

2. Product types
   - Made-to-order products: Customizable, higher-grade materials  
   - Stock products: High-volume, cash-and-carry products available through home centers

## Market and customers
- Sales channels:
  - Home centers: Major customers include Home Depot and Lowe's, comprising approximately 41.6% of net sales in fiscal 2024  
  - Builders: Serves 19 of the top 20 U.S. builders, accounting for about 42.4% of net sales in fiscal 2024  
  - Independent dealers & distributors: Represent approximately 16.0% of net sales, with a growing customer base that includes the Waypoint Living Spaces® brand and the new 1951 Cabinetry™ brand

## Revenue performance
- Fiscal year end: April 30, 2024  
- Sales composition (fiscal 2024):
  - Home centers: 41.6%  
  - Builders: 42.4%  
  - Independent dealers: 16.0%

## Manufacturing and distribution
- Facilities:
  - Manufacturing: 18 facilities in the U.S. and Mexico  
  - Service centers: 8 primary service centers nationwide  
  - Distribution centers: One standalone distribution center plus others located within manufacturing facilities

## Operational efficiency
The company uses a vertically integrated production strategy and automation to improve productivity. Facilities are strategically located near metropolitan areas to support efficient distribution.

## Competitive position
American Woodmark’s national manufacturing and distribution network, comprehensive product offerings, deep relationships with major retailers, and manufacturing capabilities support its position in the competitive cabinetry market.

## Culture and values
The company emphasizes customer satisfaction, integrity, teamwork, and excellence. It focuses on safety, diversity and inclusion, and employee training to strengthen its workplace environment and operational performance.

AMERICAN WOODMARK CORP

10-K / June 25, 2025

10-K / June 26, 2024

10-K / June 25, 2025

Company Summary: American Woodmark Corporation

Business Operations

Customers & Market Channels

Financial Highlights (Fiscal Year Ended April 30, 2025)

Summary of Strategic Focus