Advanced Drainage Systems Experiences Q4 Revenue Decline, But Remains Optimistic About Future Growth

Advanced Drainage Systems, Inc. (NYSE: WMS) recently released its financial results for the fourth quarter and fiscal year ending March 31, 2025. Despite a decrease in net sales during the quarter, the company reports it remains optimistic about future growth opportunities. This decline was attributed to lower domestic pipe sales and challenging weather conditions impacting demand in key markets.