The earnings call highlighted some positive aspects, such as achieving EBITDA targets, reducing debt, and a promising outlook for 2025. However, these were tempered by revenue declines, significant one-time charges, and delays in financial filings. Moreover, market uncertainty and cautious customer sentiment due to potential tariffs add challenges. Overall, the sentiment is cautiously optimistic but recognizes significant hurdles that need to be addressed.
Company Guidance
During the American Vanguard Fourth Quarter Earnings Review Conference Call, CEO Dak Kaye provided guidance for 2025, highlighting an adjusted EBITDA target range of $45 million to $52 million and anticipated sales between $565 million and $585 million. The company expects capital expenditures of approximately $10 million, with plans to allocate free cash flow towards debt reduction. In 2024, American Vanguard reported an adjusted EBITDA of $42 million, achieving a margin of 7.5%. Kaye outlined the goal of reaching double-digit EBITDA growth over the next three to four years by simplifying operations, prioritizing key initiatives, and improving margins. The company also sets its sights on reducing inventory levels, moving from 1.67 inventory turns in 2024 to about 2 turns by the end of 2025. Additionally, American Vanguard recorded $118 million in nonrecurring charges in 2024, as part of its broader strategy to reposition the company for long-term growth and profitability.
Achievement of 2024 EBITDA Target
American Vanguard achieved their 2024 adjusted EBITDA target with approximately $42 million, reflecting a 7.5% margin.
Debt Reduction
The company was able to pay down $22 million in debt during the fourth quarter, focusing on improving its balance sheet.
Positive Future Outlook
The company anticipates an adjusted EBITDA target range of $45 million to $52 million for 2025, with sales expected to be between $565 million and $585 million.
Cost-Cutting and Efficiency Improvements
American Vanguard is implementing organizational restructuring and modern management techniques to improve margins and simplify operations.
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American Vanguard (AVD) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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AVD Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Mar 14, 2025
$4.70
$4.43
-5.74%
Nov 11, 2024
$5.66
$5.89
+4.06%
Aug 08, 2024
$8.19
$5.12
-37.48%
May 09, 2024
$12.60
$9.11
-27.70%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does American Vanguard (AVD) report earnings?
American Vanguard (AVD) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is American Vanguard (AVD) earnings time?
American Vanguard (AVD) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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