American Woodmark Cuts Profit Outlook

WINCHESTER, VA — Forbes.com reported that kitchen cabinet and vanity maker, American Woodmark Corp., lowered its fiscal 2008 earnings and revenue outlooks due to tighter credit conditions faced by potential homeowners. The company cut its profit guidance to a range of $1.40 to $1.70 per share, down from its prior forecast for net income between $1.50 and $1.80 per share. Read more.

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