American Vanguard

American Vanguard Corp. is a holding company engaged in the development and marketing of specialty and agricultural products for crop protection and management, turf and ornamentals management, and public and animal health. It also acquires and licenses both new and well-established product lines that serve numerous market niches. The company was founded by Herbert A. Kraft and Glenn A. Wintemute in January 1969 and is headquartered in Newport Beach, CA.

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Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q4 2024

American Vanguard (AVD) reports robust 2022 performance and targets growth

American Vanguard (AVD) delivered a strong performance in 2022, meeting or exceeding targets and focusing on growth initiatives. Challenges in supply chain disruptions were addressed, and opportunities in green solutions and SIMPAS technologies are being pursued for future growth. The company remains optimistic about the upcoming season and is dedicated to driving adoption of key technologies.

American Vanguard tackles supply chain challenges, eyes growth opportunities

American Vanguard faced challenges in Q1 due to supply chain delays and surplus herbicides, impacting financial performance.
Despite this, the company remains optimistic about recovery, focusing on dual sourcing, innovation, and growth opportunities.
Strong performance in the Green Solutions segment and ongoing investments in technology position the company for future success.
The emphasis on precision agriculture, biologics market positioning, and product innovation underscores American Vanguard's strategic direction.

American Vanguard faces sales decline in Q2 2023 earnings

American Vanguard navigated a tough Q2 2023 marked by sales decline and adjusted targets, yet achieved positive milestones in product growth and strategic investments. Challenges included industry-wide factors, increased interest rates, and elevated inventories, but the company remains focused on managing expenses and driving modest growth for the year.

American Vanguard (AVD) faces Q3 challenges but eyes growth in '24

American Vanguard (AVD) faced challenges in Q3 2023 with a decrease in net sales and gross profit, leading to a net loss for the quarter. Despite this, the company remains optimistic about future performance and has taken corrective measures. AVD is focusing on reducing inventory, improving operational efficiency, and evaluating product profitability.
The recent business agreement with AGCO and Trimble presents growth opportunities through an expanded distribution network and cross-selling initiatives. AVD's outlook for '24 is positive, targeting growth in net sales and adjusted EBITDA. The company's strategic focus on collaboration and cost-saving measures positions it for future success.

American Vanguard reports solid Q4 performance and outlines growth strategies

American Vanguard's financial performance in Q4 2023 showed resilience despite some challenges. The company's strategic focus on transformation and growth targets positions it well for future success.

American Vanguard (AVD) reports robust Q1 earnings amidst regulatory challenges

American Vanguard's Q1 2024 earnings call showcased strong financial performance and strategic initiatives to drive future growth. While facing challenges related to regulatory issues, the company's diversified product portfolio and focus on operational efficiency position it well for sustained success. By capitalizing on transformation opportunities and market conditions, American Vanguard aims to enhance profitability and navigate industry dynamics effectively.

American Vanguard faces sales decline in Q3 2024 earnings

American Vanguard's Q3 2024 earnings call highlighted challenges in sales and EBITDA performance, particularly in the U.S. crop business and international markets. Despite revenue declines and margin pressures, the company is focused on cost-saving measures, growth initiatives, and a customer-centric approach. Efforts to address one-time charges and streamline operations are underway to improve future performance.

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American Vanguard Corp. is a holding company which engages in the development and marketing of specialty and agricultural products for crop protection and management, turf and ornamentals management, public and animal health. It also acquires and licenses both new and well-established product lines that serve numerous market niches. The company was founded by Herbert A. Kraft and Glenn A. Wintemute in January 1969 and is headquartered in Newport Beach, CA.

American Vanguard (AVD) sees higher sales in its U.S. non-crop and international businesses in the fourth quarter.

American Vanguard (AVD) Earnings and Sales Beat Estimates in Q4

American Vanguard Corporation (NYSE:AVD ) Q4 2022 Results Conference Call March 13, 2023 4:30 PM ET Company Participants Tim Donnelly - CAO Eric Wintemute - Chairman, CEO David Johnson - CFO Scott Hendrix - SVP, US & Canada Crop Sales James Thompson - Director, Portfolio Strategy & Business Development Ulrich Trogele - COO Conference Call Participants Chris Kapsch - Loop Capital Markets Wayne Pinsent - Gabelli Funds Brandon Rogers - ROTH Operator Greetings, and welcome to the American Vanguard 2022 Year-End Earnings Call. [Operator Instructions] Please note that this conference call is being recorded.

American Vanguard Corporation (AVD) Q4 2022 Earnings Call Transcript

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD) today announced financial results for the full year ended December 31, 2022. Fiscal 2022 Full Year Financial Highlights – versus Fiscal 2021 Full Year: Net sales were $610 million in 2022, compared to $558 million in 2021 (up 9%) Net income was $ 27.4 million in 2022, compared to $18.6 million in 2021 (up 47%) Earnings per diluted share of $0.92 in 2022, compared to $0.61 in 2021 (up 51%) Adjusted EBITDA1 of $73.

American Vanguard Reports Full Year 2022 Results

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD), today announced that it will report financial results for the fourth quarter ended December 31, 2022, on Monday, March 13, 2023, after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO, David T. Johnson, CFO, Scott Hendrix, U.S.

American Vanguard Schedules 2022 Fourth Quarter Earnings Release and Conference Call for Monday, March 13th

American Vanguard is a cyclical investment on the agricultural industry. However, the current data is mixed and mostly suggests downside.

American Vanguard: Mixed Agriculture Outlook, Don't Gamble

NEWPORT BEACH, Calif.--( BUSINESS WIRE )--American Vanguard Corporation (NYSE: AVD), today announced certain key preliminary and unaudited financial results for the full year ended December 31, 2022.

American Vanguard Announces Preliminary Unaudited Full Year 2022 Financial Highlights

NEWPORT BEACH, Calif.--( BUSINESS WIRE )--AMGUARD™ Environmental Technologies (“AMGUARD”), the specialty markets division of AMVAC Chemical Corporation, a wholly owned subsidiary of American Vanguard Corporation (NYSE:AVD), announced today the acquisition of the product and trademark assets of American Bio-Systems, founded in 1996 as a manufacturer of proprietary-formula microbial cleaning products BioMop-Plus® and DrainGel®.

American Vanguard Corporation Acquires Assets of American Bio-Systems

CF Industries Holdings

Corteva Inc

Mosaic

Nutrien

CVR Partners

The best fertilizer stocks to buy shot up the charts last year, albeit for astoundingly horrific reasons. As the world's top fertilizer exporter, Russia played an integral role in the broader food supply chain.

The 7 Best Fertilizer Stocks to Buy for 2023

NEWPORT BEACH, Calif.--( BUSINESS WIRE )--American Vanguard Corporation (NYSE: AVD) announced today that AMVAC® , an American Vanguard Company and a global technology solutions provider in agriculture, has added BioWake™ dual-use biological seed lubricant to its GreenSolutions™ biological product portfolio.

American Vanguard's AMVAC® GreenSolutions™ Launches BioWake™ Dual-Use Seed Lubricant

NEWPORT BEACH, Calif.--( BUSINESS WIRE )--American Vanguard Corporation (NYSE: AVD) announced that its Board of Directors has declared a cash dividend in the amount of $0.03 per share of the company's common stock to shareholders of record as of December 28, 2022, for distribution on January 11, 2023.

American Vanguard Raises Quarterly Dividend By 20%

American Vanguard Corp (NYSE:AVD ) Q3 2022 Earnings Conference Call November 8, 2022 4:30 PM ET Company Participants Timothy Donnelly - General Counsel, Chief Administrative Officer & Secretary Eric Wintemute - Chairman & CEO David Johnson - VP, CFO & Treasurer Ulrich Trogele - COO & EVP Conference Call Participants Gerard Sweeney - ROTH Capital Partners Wayne Pinsent - Gabelli Funds Christopher Kapsch - Loop Capital Markets Operator Welcome to the American Vanguard Corporation's Third Quarter 2022 Financial Results Conference Call and webcast. [Operator Instructions].

American Vanguard Corp (AVD) Q3 2022 Earnings Call Transcript

American Vanguard (AVD) delivered earnings and revenue surprises of 9.52% and 2.99%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

American Vanguard (AVD) Beats Q3 Earnings Estimates

American Vanguard Reports Third Quarter and Nine-Month 2022 Results

American Vanguard Secures Important Product Registration in Brazil

American Vanguard Schedules 2022 Third Quarter Earnings Release and Conference Call for Tuesday, November 8th

AMVAC® and NewLeaf Symbiotics® Partner to Bring Biological Solutions to North American Crop Markets

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD) today announced that it has entered into an accelerated share repurchase (“ASR”) plan under the terms of which it will repurchase $20 million worth of its common stock. This will be in addition to its existing 10b5-1 repurchase plan dated March 14, 2022. Chairman and CEO, Eric G. Wintemute, commented, “We started off the year strongly and, until the day of our last earnings call, our share price had been appreciat

American Vanguard Announces $20MM Accelerated Share Repurchase

American Vanguard Corporation (NYSE:AVD ) Q2 2022 Earnings Conference Call August 9, 2022 4:30 PM ET Company Participants William Kuser - Director of IR Eric Wintemute - Chairman and CEO David Johnson - CFO Ulrich Trogele - COO Conference Call Participants Gerry Sweeney - ROTH Capital Chris Kapsch - Loop Capital Operator Greetings. Welcome to the American Vanguard Corporation Second Quarter 2022 Financial Results Conference Call and Webcast.

American Vanguard Corporation (AVD) CEO Eric Wintemute on Q1 2022 Results - Earnings Call Transcript

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD) today made the following clarifying comments regarding the misreporting of its financial results by third parties yesterday. At about the time the Company issued its earnings release for the three- and six-month periods ended June 30, 2022 (prior to trading on August 9, 2022), Bloomberg inexplicably reduced consensus EBITDA estimates for full-year 2022 from $75 million to $50.8 million. It appears that Bloomberg m

American Vanguard Corrects Third Party Errors reporting on Its Full Year 2022 EBITDA Expectations and Second Quarter & Mid-Year 2022 Results

American Vanguard (AVD) delivered earnings and revenue surprises of 0% and 0.28%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

American Vanguard (AVD) Q2 Earnings Meet Estimates

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD) today announced financial results for the second quarter and six months ended June 30, 2022. Fiscal 2022 Second Quarter Financial Highlights – versus Fiscal 2021 Second Quarter: Net sales were $148 million in 2022, compared to $135 million in 2021 Net income was $6.8 million in 2022, compared to $5.1 million in 2021 Earnings per diluted share of $0.23 in 2022, compared to $0.17 in 2021 Adjusted EBITDA1 of $19.7 mi

American Vanguard Reports Second Quarter & Midyear 2022 Results

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corporation (NYSE: AVD), today announced that it will report financial results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022 after the close of the stock market. Eric Wintemute, Chairman & CEO, Bob Trogele, COO and David T. Johnson, CFO, will conduct a conference call focusing on operating performance and financial results at 4:30 pm ET / 1:30 pm PT on Tuesday, August 9, 2022. Interested parties may participa

American Vanguard Schedules 2022 Second Quarter Earnings Release and Conference Call for Tuesday, August 9th

American Vanguard (AVD) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

American Vanguard (AVD) Soars 6.6%: Is Further Upside Left in the Stock?

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--American Vanguard Corp. (NYSE:AVD) announced voting results arising from the Annual Meeting of Stockholders held on June 1, 2022. In a contested election, the nine nominees receiving the highest votes were, in descending order of votes received: Emer Gunter, Debra F. Edwards, Marisol Angelini, Scott D. Baskin, Eric G. Wintemute and Morton D. Erlich (from the Company's slate of nominees) and Mark R. Bassett, Patrick E. Gottschalk and Keith M. Rosenbloom (f

American Vanguard Announces Voting Results of 2022 Annual Meeting of Stockholders

American Vanguard (AVD) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

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