10 Best Furniture Stocks to Buy Right Now

3. American Woodmark Corporation (NASDAQ:AMWD)

Number of Hedge Fund Holders: 22

American Woodmark Corporation (NASDAQ:AMWD) is a cabinet manufacturer that specializes in bath, kitchen, and home organization products for new home construction and home remodeling markets. It offers bath and kitchen cabinetry items across all product categories (stock and made-to-order), but the home organization products are exclusively available as stock products. The company operates through three primary channels: builders, home centers, and independent dealers and distributors. American Woodmark Corporation (NASDAQ:AMWD) has around 18 manufacturing facilities in the US and Mexico, one distribution center, and eight primary service centers. Its portfolio of brands includes waypoint living spaces, 1951 Cabinetry, and others.

The company reported net sales of $452.5 million in fiscal Q2 2025, down 4.5% from the previous year. This decrease was attributed to the slowdown in new construction activity and reduced demand in the remodeling market. Despite these challenges, American Woodmark Corporation (NASDAQ:AMWD) has shown resilience. The company achieved an adjusted EBITDA of $123.1 million for the first half of fiscal 2025, representing 13.5% of net sales and reflecting solid operational performance. Management remains focused on controlling discretionary spending and enhancing operational efficiencies, positioning the company favorably for future market improvements.

In addition, the company is investing in digital transformation and platform design to enhance its operational capabilities. Its initiatives include optimizing sales processes and boosting production in Mexico and North Carolina facilities. American Woodmark Corporation (NASDAQ:AMWD) ranks third on our list of the best furniture stocks to buy right now.