8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF

THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (date of earliest event reported): May 8, 2007

AMERICAN VANGUARD CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	001-13795	95-2588080
(State or other jurisdiction of incorporation)	Commission File Number	(I.R.S. Employer Identification No.)

4695 MacArthur Court

Newport Beach, California 92660

(Address of principal executive offices)

Registrant’s telephone number: (949) 260-1200

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition

On May 8, 2007, American Vanguard Corporation issued a press release announcing its financial results for the quarter ended March 31, 2007. The full text of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information contained in this Current Report on Form 8-K, including the Exhibit attached hereto, is being furnished under Item 2.02 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit 99.1 Press release dated May 8, 2007 of American Vanguard Corporation.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, American Vanguard Corporation has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	AMERICAN VANGUARD CORPORATION
Date: May 8, 2007	By:	/s/ Timothy J. Donnelly
		Timothy J. Donnelly
		Vice President & General Counsel

INDEX TO EXHIBITS

Exhibit No.	Description
Exhibit 99.1	Press release of American Vanguard Corporation dated May 8, 2007.

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

AMERICAN VANGUARD REPORTS FIRST QUARTER RESULTS

Newport Beach, CA – May 8, 2007 – American Vanguard Corporation (NYSE: AVD), today announced financial results for the first quarter ended March 31, 2007.

Net sales were $40.9 million compared to $44.7 million in the first quarter of 2006. Operating income increased to $5.4 million from $4.7 million, due to higher margins associated with product mix, and lower operating expenses. The Company incurred greater interest expense due to increased debt levels coupled with higher interest rates, and reported net income of $2.1 million or $0.08 per diluted share, compared to $2.5 million or $0.09 per diluted share in the first quarter of 2006.

Eric Wintemute, President and CEO of American Vanguard, stated, “Counter^®, the global insecticide product line we acquired in November of last year from BASF, was a key contributor during the quarter, and should continue to generate strong sales in the remainder of the year. Our corn soil insecticide sales were essentially even with last year’s first quarter, but we are seeing positive indicators for growth in the fourth quarter. Sales of our cotton insecticide Bidrin^® were down due to customer inventory carryover from last year, as well as customers’ caution regarding the potential lower demand for Bidrin in the 2007 season in light of the decrease in cotton acreage stemming from the growing corn acreage.”

Mr. Wintemute concluded, “As previously stated, while we expect to achieve improved results this year as compared to 2006, we believe much of this growth will occur mid- to late this year. In the balance of the year, we are working toward and anticipate: (1) growing usage of Impact^®, which is participating in a $200 million marketplace; (2) a strong year for Counter; (3) a return to historic sales levels of Dibrom^®, our crop protection insecticide and mosquito adulticide, based on normal pest pressure and rainfall; (4) better penetration of the corn refuge market, driven by a concerted effort for stewardship by the seed companies; and (5) a greater opportunity to sell our corn soil insecticides as a yield maximization tool for genetically enhanced corn, due to the rising price and demand levels for corn.”

Conference Call

Eric Wintemute, President and CEO, and James Barry, Senior Vice President and CFO, will conduct a conference call focusing on the financial results at 12:00 noon ET on Tuesday, May 8, 2007. Interested parties may participate in the call by dialing 706-679-3155—please call in 10 minutes before the call is scheduled to begin, and ask for the American Vanguard call (conference ID # 6266443). The conference call will also be webcast live via the News and Media section of the Company’s web site at www.american-vanguard.com. To listen to the live webcast, go to the web site at least 15 minutes early to register, download and install any necessary audio software. If you are unable to listen live, the conference call will be archived on the Company’s web site.

About American Vanguard

American Vanguard Corporation is a diversified specialty and agricultural products company that develops and markets products for crop protection and management, turf and ornamentals management and public and animal health. The Company’s basic strategy is to acquire and license brand name, niche product lines from larger companies that divest mature products to focus on newly discovered molecules. American Vanguard is included on the Russell 2000^® and Russell^® 3000 Indexes. To learn more about American Vanguard, please reference the Company’s web site at www.american-vanguard.com.

The Company, from time to time, may discuss forward-looking information. Except for the historical information contained in this release, all forward-looking statements are estimates by the Company’s management and are subject to various risks and uncertainties that may cause results to differ from management’s current expectations. Such factors include weather conditions, changes in regulatory policy and other risks as detailed from time-to-time in the Company’s SEC reports and filings. All forward-looking statements, if any, in this release represent the Company’s judgment as of the date of this release.

CONTACT:	-OR-	AVD’S INVESTOR RELATIONS FIRM
American Vanguard Corporation		The Equity Group Inc.
Eric G. Wintemute, President & CEO		www.theequitygroup.com
James A. Barry, CFO		Loren G. Mortman
(949) 260-1200		LMortman@equityny.com
		(212) 836-9604

American Vanguard Corporation and Subsidiaries

Consolidated Statements of Income

(Unaudited)

(Amounts in thousands, except per share amounts)

	For the three months ended March 31
	2007			2006
Net sales	$	40,906		$	44,744
Cost of sales		22,489			26,437
Gross profit		18,417			18,307
Operating expenses		12,999			13,616
Operating income		5,418			4,691
Interest expense		1,895			720
Interest income		(5	)		(12	)
Interest capitalized		(16	)		(142	)
Income before income tax		3,544			4,125
Income tax expense		1,418			1,650
Net income	$	2,126		$	2,475
Earnings per common share—basic (1)	$	0.08		$	0.10
Earnings per common share—assuming dilution (1)	$	0.08		$	0.09
Weighted average shares outstanding – basic (1)		26,163			25,496
Weighted average shares outstanding—assuming dilution (1)		27,330			26,968

(1) 2006 period retroactively restated to reflect a 4-for-3 stock split distributed on April 17, 2006 to common stockholders of record as of April 3, 2006.

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