What caused AMWD's earnings to decline in Q1 2025?

American Woodmark's (AMWD) earnings decline in Q1 2025 was caused by a combination of factors:

1. **Soft Demand for Remodeling Projects**: The company's net sales decreased due to softer demand in the remodeling market and reduced new construction activity. This indicates that the company's performance was impacted by the overall slowdown in the housing market.
2. **Reduced New Construction Activity**: Lower consumer confidence and increased economic uncertainty led to a decline in new construction single-family activity. This reduction in new construction activity would have negatively affected American Woodmark's sales, as it relies on this segment for a portion of its revenue.
3. **Operational Changes and Efficiency Focus**: The company is focusing on efficiency and has announced plans to close a manufacturing plant and consolidate production facilities. These changes suggest that the company is dealing with operational challenges that are impacting its profitability.

In summary, American Woodmark's earnings decline in Q1 2025 was likely a result of a combination of soft demand for remodeling projects, reduced new construction activity, and operational changes. These factors collectively contributed to a challenging operating environment for the company during the quarter.