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Dividend.com: D.R. Horton Cutting Payout

Stock quotes in this article: AMWD , HRL , EV , DHI  

American Woodmark Posts Smaller Than Expected Loss, Shares Rise

Cabinetmaker American Woodmark (AMWD Quote) reported a smaller than expected quarterly loss Monday, spurring its shares to rise nearly 17% in early afternoon trading.

In the quarter, the company said it lost $481,000, or 3 cents per share, compared to analyst estimates of a loss of 6 cents per share. Sales for the company, whose main clients include Home Depot(HD Quote) and Lowe's(LOW Quote), dropped 16% in the quarter to $134.9 million. ...

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