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American Vanguard's sales dropped 9% last quarter, and they are planning new products and acquisitions.

ResultsRead the original at Benzinga
Bad for AVD

American Vanguard's sales fell 9% to $108 million, and adjusted EBITDA, a profit measure, reached break-even. It cut its full-year forecast.

AVD · American Vanguard

AI read · Bad for AVD

The AI's read

Lean distributor inventories, El Niño-related weather, and higher transport costs are hurting sales and profit. New brands, product launches, and expected savings offer support, but do not outweigh the lower company forecast.

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