Why American Woodmark Stock Crashed 11% on Tuesday

If you invest in housing stocks, you need to read this cabinetmaker's latest quarterly report.American Woodmark (AMWD -11.39%) stock sold off hard on Tuesday morning, falling 11% through 12:30 p.m. ET after reporting a big earnings miss.Ahead of the fiscal first-quarter 2025 report the company delivered before the opening bell, analysts had forecast the Virginia cabinetmaker would earn $2.40 per share on sales of$476.6 million. Instead, American Woodmark reported a profit of $1.89 per share and sales of$4 ...