American Woodmark Stock Drops After Poor Earnings

American Woodmark stock plunges after disappointing earnings report! Sales are down 12%, profits are slashed by 46%, and shrinking margins are raising alarms. Is it just another volatile day for this cabinet maker, or a sign of deeper trouble amid rising costs, tough competition, and a looming merger? Plus, how July's shocking inflation data could spell even more pain for manufacturers. Find out what this means for investors now! Hosted on Acast. See acast.com/privacy for more information.