AVD - Earnings announcements

Quarterly Adjusted EBITDA of $11 million vs. $6 million in 2Q last year Gross Profit Margin improved to 31% as compared to 29% in 2Q last year Reiterates 2025 revenue and EBITDA guidance American Vanguard® Corporation, a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported financial results for the second quarter ended June 30, 2025. Financial and Operational Highlights Second Quarter 2025– versus Second Quarter 2024: Net sales of $129 million v. $128 million; Adjusted EBITDA1 of $11 million v. $6 million; Maint

American Vanguard® Corporation (NYSE:AVD) announced today it will release financial results for the second quarter of 2025 on Thursday, July 31, 2025, after the market closes. The company will conduct a conference call focusing on operating performance and financial results at 5:00 p.m. ET / 2:00 p.m. PT on Thursday, July 31, 2025. The conference call will be webcast live, available in the Investors section of the Company's website at www.american-vanguard.com or through the following link: https://www.webcaster4.com/Webcast/Page/3070/52784 If you are unable to listen live, the conference call will be archived on the Company's website: www.american-vanguard.com/investors About America

Substantially Reduced Operating Expenses Materially Decreased Net Working Capital Consumption Industry In the Early Innings of a Recovery American Vanguard® Corporation (NYSE:AVD), a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported financial results for the first quarter ended March 31, 2025. Financial and Operational Highlights – First Quarter 2025 versus First Quarter 2024: Net sales of $115.8 million v. $135.1 million; Adjusted EBITDA1 of $3.0 million v. $15.5 million; EPS of $(0.30) v. $0.06 Other Oper

Achieved Full-Year Adjusted EBITDA In-Line with Target Range Reduced Inventory by $47 million and reduced Debt by $22 Million in Fourth Quarter 2025 Revenue and Adj. EBITDA Target Range of $565-$585 Million and $45-$52 Million American Vanguard® Corporation (NYSE:AVD), a diversified specialty and agricultural products company that develops, manufactures, and markets solutions for crop protection and nutrition, turf and ornamental management and commercial pest control, today reported preliminary, financial results for the fourth quarter and full year ended December 31, 2024. The results reported herein are preliminary. Final results will appear in the company's 10-K for the fiscal year e

American Vanguard® Company (NYSE:AVD) announced today it will release financial results for the fourth quarter of 2024 on Friday, March 14, 2025, before the market opens. The company will conduct a conference call focusing on operating performance and financial results at 9:00 a.m. ET / 6:00 a.m. PT on Friday, March 14, 2025. The conference call will be webcast live via, available in the News and Media section of the Company's website at www.american-vanguard.com or through the following link: https://www.webcaster4.com/Webcast/Page/3070/52044 If you are unable to listen live, the conference call will be archived on the Company's website: www.american-vanguard.com/investors About Amer

American Vanguard® Company announced today that it will report financial results for the third quarter ending September 30, 2024 on Monday, November 11 at 4:30 pm ET/ 1:30 pm PT. Tim Donnelly, Acting CEO, David T. Johnson, VP & CFO, and Mark Bassett, Member of the Board of Directors, will conduct the conference call. The conference call will be webcast on the Company's website at www.american-vanguard.com or by going to the following link: https://www.webcaster4.com/Webcast/Page/3070/51481 If you are unable to listen live, the conference call will be archived for one year and may be accessed using the company's website: www.american-vanguard.com/investors About American Vanguard America

Office of the CEO Kickstarts Liquidity and Transformation Initiatives New Credit Agreement Bolsters Working Capital Needs American Vanguard Corporation (NYSE:AVD) today announced financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Financial Highlights – versus Second Quarter 2023: Net sales of $128.2 million v. $132.8 million Adjusted EBITDA1 of $6.2 million v. $10.7 million Earnings per share of $(0.42) v. $(0.04) First Half of 2024 Financial Highlights – versus First Half of 2023: Net sales of $263.4 million v. $257.7 million Adjusted EBITDA of $21.7 million v. $22.2 million Earnings per diluted share of $(0.36) v. $0.03 "In the

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the second quarter ended June 30, 2024, on Thursday, August 8, 2024, after the close of the stock market. Tim Donelly, Acting CEO, David T. Johnson, VP, CFO and Treasurer, and Mark Bassett, Director will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on August 8, 2024. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Compan

Adjusted EBITDA up 35%, Operating Income up 87% American Vanguard Corporation (NYSE:AVD) today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Financial Highlights – versus First Quarter 2023: Net sales of $135 million vs. $125 million Adjusted EBITDA1 of $15.5 million vs. $11.5 million Operating Income of $6.1 million vs. $3.3 million Net income of $1.6 million vs. $1.9 million Earnings per diluted share of $0.06 vs. $0.07 Eric Wintemute, Chairman and CEO of American Vanguard, stated: "We attained improved operating leverage with a significant increase in adjusted EBITDA and operating income, during the first quarter as compa

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the first quarter ended March 31, 2024, on Thursday, May 9, 2024, after the close of the stock market. Eric Wintemute, Chairman & CEO, David T. Johnson, VP & CFO, and Bob Trogele, EVP & COO, will conduct a conference call focusing on operating performance and financial results at 4:15 pm ET / 1:15 pm PT on May 9, 2024. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's web sit

Sets $15MM Adjusted EBITDA Gain as Transformation Target American Vanguard Corporation (NYSE:AVD) today announced financial results for the fourth quarter and full year ended December 31, 2023. Fiscal 2023 Fourth Quarter Financial Highlights – versus Fiscal 2022 Fourth Quarter: Net sales were $172.2 million in 2023, compared to $159.5 million in 2022 Net income was $7.0 million in 2023, compared to $3.9 million in 2022 Earnings per diluted share of $0.25 in 2023, compared to $0.13 in 2022 Adjusted EBITDA1 of $21 million in 2023, compared to $12 million in 2022 Fiscal 2023 Full Year Financial Highlights – versus Fiscal 2022 Full Year: Net sales were $579 million in 2023

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the fourth quarter ended December 31, 2023, on Thursday, March 14, 2024, after the close of the stock market. Eric Wintemute, Chairman & CEO, and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 5 pm ET / 2 pm PT on March 14, 2024. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's web site at www.american-vanguar

Conference Call Scheduled for Wednesday, January 31 at 5:00 pm ET American Vanguard Corporation (NYSE:AVD), today announced key metrics from its preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023. Eric Wintemute, Chairman and CEO of American Vanguard commented, "During our third quarter earnings report in November, we indicated expectations for the full year 2023 and our targets for 2024. While we have not completed our full audit cycle, I am pleased to report that based on our preliminary evaluation, we have ended the quarter and the year broadly in line with our targets and are now reiterating our 2024 expectations. Additionally, i

Conference Call Scheduled for Wednesday, January 31 at 5:00 pm ET American Vanguard Corporation (NYSE:AVD), today announced that it will discuss certain key preliminary and unaudited financial results for the fourth quarter and full year ended December 31, 2023, on Wednesday, January 31, 2024. Eric Wintemute, Chairman and CEO of American Vanguard commented, "In addition to our discussion of Preliminary Fourth Quarter and Full Year 2023 performance, we will speak to our 2024 Financial Targets, and provide an update on our important Transformation Project." Conference Call Eric Wintemute, Chairman & Chief Executive Officer, Don Gualdoni, Chief Transformation Officer, Tim Donnelly, Chi

Q3 Sales in line with prior year, Rebound Expected in Q4, Transformation Plan Underway American Vanguard Corporation (NYSE:AVD) today announced financial results for the third quarter and nine months ended September 30, 2023, and a transformation plan for future growth, operational efficiency and profitability. Flat Quarterly Sales in Spite of Global Destocking Chairman and CEO, Eric Wintemute stated: "With respect to our financial performance, in spite of global destocking by customers to limit inventory carrying costs, we recorded sales that were about even with those of the prior year quarter. With channel inventory at historic lows, sales of our premier corn soil insecticide Aztec

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023, after the close of the stock market. Eric Wintemute, Chairman & CEO, and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 5 pm ET / 2 pm PT on November 8, 2023. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's web site at www.american-va

Second Half Rebound Forecast After Lower-Than-Expected First Half Performance Citing Industry-Wide Drop in Procurement Activity Announces Share Repurchase Program American Vanguard Corporation (NYSE:AVD) today announced financial results for the second quarter and six months ended June 30, 2023. 3 Months Ended   June 30, 2023     June 30, 2022     Change   Net sales   $ 132,790     $ 148,203     $ (15,413 ) Net income   $ (1,053 )   $ 6,830     $ (7,883 ) EPS  

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the second quarter ended June 30, 2023, on Tuesday, August 8, 2023, after the close of the stock market. Eric Wintemute, Chairman & CEO, and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 5 pm ET / 2 pm PT on August 8, 2023. Interested parties may participate in the call by dialing 713-481-1320, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's web site at www.american-vanguard.com

Reaffirms Double-Digit Full-Year 2023 EBITDA Growth Despite Lower-Than-Expected Q1 Performance American Vanguard Corporation (NYSE:AVD) today announced financial results for the quarter ended March 31, 2023. Q1 2023 Financial Performance – versus Q1 2022 (see table below): Eric Wintemute, Chairman and CEO of American Vanguard, stated: "During 2023, we expect to achieve higher adjusted EBITDA (between $84MM - $86MM) than in 2022, despite a first quarter setback arising from delays in restarting our supply chain, which is now back at capacity. After experiencing multiple delays, our China-based supplier was unable to deliver intermediates in sufficient quantities for our leading corn so

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the first quarter ended March 31, 2023, on Tuesday, May 9, 2023, after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO, David T. Johnson, CFO, Scott Hendrix, U.S. Crop SVP and Jim Thompson, Leader of the Green Solutions Initiative, will conduct a conference call focusing on operating performance and financial results at 5 pm ET / 2 pm PT on Tuesday, May 9, 2023. Interested parties may participate in the call by dialing 713-481-1320, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will

FY Net Income Increased 47% - Strong Outlook for 2023 American Vanguard Corporation (NYSE:AVD) today announced financial results for the full year ended December 31, 2022. Fiscal 2022 Full Year Financial Highlights – versus Fiscal 2021 Full Year: Net sales were $610 million in 2022, compared to $558 million in 2021 (up 9%) Net income was $ 27.4 million in 2022, compared to $18.6 million in 2021 (up 47%) Earnings per diluted share of $0.92 in 2022, compared to $0.61 in 2021 (up 51%) Adjusted EBITDA1 of $73.1 million in 2022, compared to $63.5 million in 2021 (up 15%) Eric Wintemute, Chairman and CEO of American Vanguard, stated: "Our full-year performance in 2022 exceeded that of

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the fourth quarter ended December 31, 2022, on Monday, March 13, 2023, after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO, David T. Johnson, CFO, Scott Hendrix, U.S. Crop SVP and Jim Thompson, Leader of the Green Solutions Initiative will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Monday, March 13, 2023. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference

Forecasting Strong Outlook for 2023 Conference Call Scheduled for Monday, February 6 at 9:00am ET American Vanguard Corporation (NYSE:AVD), today announced certain key preliminary and unaudited financial results for the full year ended December 31, 2022. Eric Wintemute, Chairman and CEO of American Vanguard commented, "The growth trajectory that we had enjoyed for the first three quarters of 2022 was moderated by a shortfall in Q4 performance. The primary reason was a temporary supply chain shortage of one key raw material for our largest corn soil insecticide, Aztec®, resulting in consolidated net sales that were equal to those of Q4 2021. Having secured a supply of that raw material an

YTD Revenues and Adjusted EBITDA1 Exceed Guidance Forecasting Continued Strategic Growth American Vanguard Corporation (NYSE:AVD), today announced financial results for the third quarter and nine months ended September 30, 2022. Financial Highlights Fiscal 2022 Third Quarter – versus Fiscal 2021 Third Quarter Net sales of $152 million in 2022, a 3.4% increase, compared with $147 million in 2021 Net income of $6.7 million in 2022, a 21.8% increase, compared with $5.5 million in 2021 Earnings per diluted share of $0.23 in 2022, a 27.8% increase, compared with $0.18 in 2021 Adjusted EBITDA of $18.9 million in 2022, a 11.2% increase, compared with $17.0 million in 2021 Financial Hi

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the third quarter ended September 30, 2022, on Tuesday, November 8, 2022 after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Tuesday, November 8, 2022. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's

Significant Demand Continues, Gross Margins Increase, Midyear Net Income Doubles, Full Year Performance Targets Reiterated American Vanguard Corporation (NYSE:AVD) today announced financial results for the second quarter and six months ended June 30, 2022. Fiscal 2022 Second Quarter Financial Highlights – versus Fiscal 2021 Second Quarter: Net sales were $148 million in 2022, compared to $135 million in 2021 Net income was $6.8 million in 2022, compared to $5.1 million in 2021 Earnings per diluted share of $0.23 in 2022, compared to $0.17 in 2021 Adjusted EBITDA1 of $19.7 million in 2022, compared to $16.5 million in 2021 Fiscal 2022 Mid-Year Financial Highlights – versus Fiscal

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022 after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Tuesday, August 9, 2022. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's web site

Net Sales up 29% - - - Net Income up 224% vs. Q1 2021 American Vanguard Corporation (NYSE:AVD) today announced financial results for the first quarter ended March 31, 2022. Fiscal 2022 First Quarter Financial Highlights – versus Fiscal 2021 First Quarter: Net sales were $149.4 million in 2022, compared to $116.2 million in 2021. Net income was $9.9 million in 2022, compared to $3.1 million in 2021. Earnings per diluted share of $0.33 in 2022, compared to $0.10 in 2021. EBITDA1of $22.9 million in 2022, compared to $13.9 million in 2021. Eric Wintemute, Chairman and CEO of American Vanguard stated: "We are pleased to report an extremely strong start to 2022 at both the top and bot

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the first quarter ended March 31, 2022, on Wednesday, May 4, 2022 after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Wednesday, May 4, 2022. Interested parties may participate in the call by dialing 862-298-0702, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's web site a

Announces Share Repurchase Plan American Vanguard Corporation (NYSE:AVD) today announced preliminary, unaudited financial results for the fourth quarter and full year ended December 31, 2021. Fiscal 2021 Fourth Quarter Financial Highlights – versus Fiscal 2020 Fourth Quarter: Net sales were $159 million in 2021, compared to $141 million in 2020 Operating income was $9.4 million in 2021, compared to $10.1 million in 2020 EBITDA1 of $14.8 million in 2021, compared to $17.1 million in 2020 Both operating income and EBITDA from 2020 benefited from a one-time gain of $4.6 million due to bargain purchase accounting Fiscal 2021 Full Year Financial Highlights – versus Fiscal 2020 Full Y

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the fourth quarter and full year ended December 31, 2021, on Tuesday, March 8, 2022 after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Tuesday, March 8, 2022. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Co

American Vanguard Corporation (NYSE:AVD) today announced financial results for the third quarter and nine months ended September 30, 2021. Financial Highlights Fiscal 2021 Third Quarter – versus Fiscal 2020 Third Quarter Net sales up 25% to $147 million in 2021, as compared with $117 million in 2020 Net income up 88% to $5.5 million in 2021, as compared with $2.9 million in 2020 Earnings per diluted share of $0.18 in 2021, as compared with $0.10 in 2020 EBITDA1 up 47% to $15.3 million in 2021, as compared with $10.4 million in 2020 Financial Highlights Fiscal 2021 Nine Months – versus Fiscal 2020 Nine Months Net sales up 25% to $398 million in 2021, as compared with $318 millio

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the third quarter ended September 30, 2021, on Monday, November 8, 2021 after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Monday, November 8, 2021. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's we

American Vanguard Corporation (NYSE:AVD) today announced financial results for the second quarter and six months ended June 30, 2021. Fiscal 2021 Second Quarter Financial Highlights – versus Fiscal 2020 Second Quarter: Net sales were up 29% to $135 million in 2021, compared to $105 million in 2020 Net income was up 32% to $5.1 million in 2021, compared to $3.9 million in 2020 Earnings per diluted share were up 31% to $0.17 in 2021, compared to $0.13 in 2020 EBITDA1 was up 17% to $14.7 million in 2021, compared to $12.6 million in 2020 On August 5th, 2021, the Company executed a new $275 million Credit Facility agreement Fiscal 2021 Mid-Year Financial Highlights – versus Fiscal

American Vanguard Corporation (NYSE:AVD), today announced that it will report financial results for the second quarter ended June 30, 2021, on Monday, August 9, 2021 after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Monday, August 9, 2021. Interested parties may participate in the call by dialing 201-493-6744, please dial in 10 minutes before the scheduled starting time and ask for the American Vanguard call. The conference call will also be webcast live via the News and Media section of the Company's web site a