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American Vanguard Corporation - AVD STOCK NEWS

Welcome to our dedicated page for American Vanguard Corporation news (Ticker: AVD), a resource for investors and traders seeking the latest updates and insights on American Vanguard Corporation stock.

American Vanguard Corporation (AVD) is a leading US-based company that specializes in the development, manufacturing, and marketing of specialty chemicals. Founded in 1969, American Vanguard operates through its subsidiaries to serve agricultural, commercial, and consumer markets both domestically and internationally.

The company produces a wide range of chemicals including insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants. These products are available in various formulations such as liquid, powder, and granular forms, catering to crops, turf, ornamental plants, as well as human and animal health protection.

American Vanguard's product line includes well-known formulations like PCNB, chlorothalonil, and propiconazole, marketed under the FFII and FFIII names. The company ensures these products reach their target markets through a robust distribution network. This network features national distribution companies, buying groups, co-operatives, and direct sales channels, including sales offices, sales agents, and wholly owned distributors.

In addition to chemical products, American Vanguard also markets and distributes end-use chemical and biological products for crop applications and the greenhouse and nursery production markets. The company's commitment to quality and innovation has solidified its reputation in the industry, enabling it to form strategic partnerships and expand its market presence.

Recent Achievements and Current Projects: American Vanguard has recently focused on enhancing its product portfolio through research and development. The company invests in innovative solutions to meet evolving market demands and regulatory requirements. It continues to work on projects aimed at improving agricultural productivity and sustainability.

Financial Condition: American Vanguard’s financial performance reflects its strong market position and diversified product offerings. The company consistently reports revenue growth and profitability, highlighting its effective management and strategic direction.

American Vanguard Corporation remains a significant player in the specialty chemicals industry, contributing to advancements in agriculture, commercial applications, and consumer health protection. Its comprehensive product range and strategic market approach make it a valuable entity for stakeholders and investors.

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American Vanguard Corporation (NYSE: AVD) has appointed Don Gualdoni as the Chief Transformation Officer to lead the implementation of a three-pronged plan aimed at improving operating leverage, aligning people and processes, and enhancing profit. The plan includes identifying $15 million in operating profit and interest savings, working on digital transformation with QAD and Kearney, and launching an organizational transformation. Gualdoni's extensive experience in leadership roles and corporate system optimizations makes him ideally suited for this role.
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American Vanguard Company (NYSE: AVD) announced that OHP Inc. has become the master distributor in U.S. non-crop markets of biological technologies developed by Certis Biologicals. This strategic agreement enhances American Vanguard’s GreenSolutions portfolio and is aligned with AMGUARD’s strategy to provide best-in-class technologies and market access. OHP will have exclusive access to Certis’ pipeline of new technologies for non-crop markets, including BotaniGard and Mycotrol products.
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American Vanguard Corporation (NYSE: AVD) announces Q3 sales in line with prior year, transformation plan for future growth, and rebound expected in Q4. CEO Eric Wintemute highlights flat quarterly sales despite global destocking.
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American Vanguard Corporation (AVD) extends its partnership with NewLeaf Symbiotics, expanding distribution to Argentina, Brazil, Ukraine, and China, aiming to accelerate its GreenSolutions biological portfolio internationally.
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American Vanguard Corporation (NYSE: AVD) has hired Ms. Shirin Khosravi as Senior Vice President of Human Resources. With over 30 years of international HR experience in Fortune 500 companies, she brings expertise in talent management, succession planning, and employee engagement. The company aims to drive key performance objectives and enhance skill set development with a systematic approach.
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American Vanguard Corporation (NYSE: AVD) will report financial results for the third quarter ended September 30, 2023, on Wednesday, November 8, 2023. The conference call, hosted by Eric Wintemute, Chairman & CEO, and David T. Johnson, CFO, will focus on operating performance and financial results at 5 pm ET / 2 pm PT on November 8, 2023. Interested parties can participate in the call by dialing 201-493-6744 or by accessing the live webcast on the company's website at www.american-vanguard.com.
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American Vanguard Corporation's subsidiary AMVAC LATAM has acquired Punto Verde, a distributor in Ecuador, to strengthen its product portfolio and market access in Latin America.
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American Vanguard Corporation releases its 2023 Corporate Sustainability Report, emphasizing its commitment to Sustainable Agriculture and climate change mitigation. The report highlights its portfolio of Climate-Smart Ag solutions and provides updates on safety and environmental metrics. Future reports will include expansion of reporting to include Scope 3 GHG emissions and social and governance metrics.
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American Vanguard Corporation declares cash dividend of $0.03 per share
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American Vanguard Corporation (NYSE: AVD) announced lower-than-expected financial results for the second quarter and six months ended June 30, 2023. Net sales decreased by $15,413 and $40,123 for the respective periods compared to the previous year. Net income also declined by $7,883 and $15,900, while EPS decreased by $0.27 and $0.52. The company attributes the decline to a drop in procurement activity in the Global Agriculture industry and a flood of low-priced products from China-based suppliers. However, American Vanguard expects a rebound in the second half of 2023 as demand is expected to improve significantly. The company has revised its 2023 performance targets and announced a share repurchase program of up to $7.5 million.
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FAQ

What is the current stock price of American Vanguard Corporation (AVD)?

The current stock price of American Vanguard Corporation (AVD) is $6.13 as of November 21, 2024.

What is the market cap of American Vanguard Corporation (AVD)?

The market cap of American Vanguard Corporation (AVD) is approximately 177.6M.

What does American Vanguard Corporation do?

American Vanguard develops, manufactures, and markets specialty chemicals for agricultural, commercial, and consumer uses.

What types of products does American Vanguard offer?

The company offers insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants in liquid, powder, and granular forms.

In which markets does American Vanguard operate?

American Vanguard serves markets in the United States and internationally, including agriculture, commercial, and consumer sectors.

How does American Vanguard distribute its products?

The company distributes its products through national distribution companies, co-operatives, sales offices, sales agents, and wholly owned distributors.

What are some of American Vanguard's well-known formulations?

Some of the well-known formulations include PCNB, chlorothalonil, and propiconazole, marketed under the FFII and FFIII names.

Does American Vanguard invest in research and development?

Yes, the company invests in innovative solutions for agricultural productivity and sustainability through research and development.

What is American Vanguard’s financial performance like?

The company consistently reports revenue growth and profitability, reflecting its strong market position and effective management.

When was American Vanguard Corporation founded?

American Vanguard Corporation was founded in 1969.

What is the significance of American Vanguard in the industry?

American Vanguard is a significant player in the specialty chemicals industry, contributing to advancements in agriculture and consumer health protection.

What are American Vanguard's recent achievements?

The company has enhanced its product portfolio and continues to focus on projects aimed at improving agricultural productivity and sustainability.

American Vanguard Corporation

NYSE:AVD

AVD Rankings

AVD Stock Data

177.62M
26.00M
9.26%
79.22%
2.4%
Agricultural Inputs
Agricultural Chemicals
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United States of America
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