American vanguard corporation provides sales guidance for the third quarter of 2019; revises sales guidance for the full year 2019

American vanguard corporation provided sales guidance for the third quarter of 2019. the company reported that its third quarter net sales will be approximately $123 million, which amounts to a 10% increase over the comparable period in 2018.the company revised sales guidance for the full year 2019. for the year, the company expects consolidated sales to increase by about 6% year-over-year with mixed performance among major markets. international sales should increase by about 27% for the full year. however, domestic sales will likely decrease by about 5% on a per annum basis, which the company believe is consistent with industry-wide forecasts showing domestic markets receding by 6% to 12%. with these considerations in mind the company is revising full year 2019 net sales forecast downward to approximately $475 million.
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