American Woodmark 1Q profit rises 39 percent
WINCHESTER, Va. — Cabinet maker American Woodmark Corp. says higher sales in its fiscal first quarter increased its profit by 39 percent.
The Winchester-based company said its earnings rose to $9.2 million, or 59 cents per share, from $6.7 million, or 43 cents per share, a year ago.
Adjusted earnings were 52 cents per share.
American Woodmark operates nine manufacturing plants, in Arizona, Georgia, Indiana, Kentucky, Maryland, Tennessee, Virginia and West Virginia. It also has nine service centers.
— The Associated Press