May 22, 2012
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Winchester Company 'American Woodmark' Reports Quarterly Loss

Cabinetmaker American Woodmark Corp. says it lost money in its second fiscal quarter as higher material and fuel costs offset increased sales.

American Woodmark said Tuesday it lost $2.97 million, or 21 cents per share, for the quarter ended Oct. 31. The company lost $7.84 million, or 52 cents per share, in the same period a year earlier.

Sales rose 19 percent to $128.4 million in second-quarter 2011, from $107.6 million a year earlier.

American Woodmark is based in Winchester and operates 11 manufacturing plants in eight states, including West Virginia.

(Copyright 2011 by The Associated Press. All Rights Reserved.)


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