Armstrong Earnings Reports

Armstrong World Industries delivered record-setting results in Q4 2024, with a 17.7% increase in revenue driven by strong performance in both Mineral Fiber and Architectural Specialties segments. Operating income grew by 23.5%, and adjusted EBITDA increased by 14%, reflecting improved margins and acquisitions. The company continues to benefit from higher sales volumes and pricing improvements, positioning itself well for further growth in 2025.

Armstrong World Industries reported record-setting net sales of $387 million for Q3 2024, an 11% increase year-over-year. Operating income also increased by 11%, and diluted net earnings per share rose by 12%. The company is raising its full-year 2024 guidance for adjusted EBITDA, adjusted diluted net earnings per share, and adjusted free cash flow.

Armstrong World Industries reported record second-quarter 2024 financial results, marked by strong sales and earnings growth. Net sales increased by 12% driven by Mineral Fiber AUV growth and Architectural Specialties acquisitions. The company is raising its full-year 2024 guidance.

Armstrong World Industries reported record first-quarter 2024 results with a 5% increase in net sales and significant growth in operating income and adjusted EBITDA. The company has raised its full-year 2024 guidance, expecting continued sales and earnings growth.

Armstrong World Industries reported record fourth quarter net sales and adjusted EBITDA results, highlighted by adjusted EBITDA margin expansion in both segments. The company's strong position and momentum are attributed to focused efforts in executing their strategy and the resilience of their business model.

Armstrong World Industries reported record-setting net sales and adjusted EBITDA in Q3 2023. The company demonstrated resilience in challenging market conditions, with positive contributions from both the Mineral Fiber and Architectural Specialties segments. Strong financial performance was achieved through diverse end markets, consistent Mineral Fiber average unit value growth, and attractive growth initiatives.

Armstrong World Industries reported a 1% increase in net sales, a 22% increase in operating income, and a 10% increase in adjusted EBITDA for the second quarter of 2023. The company saw margin expansion in both the Mineral Fiber and Architectural Specialties segments, with positive contributions from both.

Armstrong World Industries reported a 10% increase in net sales for Q1 2023 compared to the prior year, driven by strong performance in both the Mineral Fiber and Architectural Specialties segments. Operating income and diluted net earnings per share also increased by 11%.

Armstrong World Industries reported an 8% increase in net sales for Q4 2022 compared to the prior-year quarter. Operating income increased by 27%, and diluted earnings per share from continuing operations rose by 22%. Adjusted EBITDA was up by 5%, while adjusted diluted earnings per share decreased by 1%.

Armstrong World Industries reported an 11% increase in net sales compared to the prior-year quarter. Operating income increased by 2%, and diluted earnings per share from continuing operations increased by 11%. The company is revising its 2022 guidance to reflect net sales growth of 10% to 12% and adjusted EBITDA growth of 4% to 6% versus the prior year.

Armstrong World Industries reported a 15% increase in net sales, driven by price over higher-than-expected inflation and strong growth in the Architectural Specialties segment. While operating income and diluted earnings per share decreased slightly, adjusted EBITDA and adjusted diluted earnings per share increased. The company is updating its 2022 guidance with expectations of net sales growth of 11% to 13% and adjusted EBITDA growth of 10% to 13%.

Armstrong World Industries reported a 12% increase in net sales and a 17% increase in operating income for the first quarter of 2022. The growth was primarily driven by price over inflation gains and strong performance in the Architectural Specialties segment, which was partially offset by lower Mineral Fiber sales volumes and equity earnings.

Armstrong World Industries reported strong Q4 2021 results with net sales up 18% and operating income up 26% compared to the prior-year quarter. The company's performance was driven by favorable pricing and contributions from recent acquisitions.

Armstrong World Industries reported an 18.6% increase in net sales and an 8% increase in adjusted EBITDA for the third quarter of 2021. The company's ability to manage inflationary and supply chain challenges helped offset uneven market conditions.

Armstrong World Industries reported a 38% increase in net sales and a 44% increase in adjusted EBITDA compared to the prior-year quarter, driven by a continued recovery in key markets from COVID-19 challenges.

Armstrong World Industries reported a 1.3% increase in net sales for Q1 2021 compared to Q1 2020, driven by favorable Average Unit Value, but operating income decreased by 28.8% and Adjusted EBITDA decreased by 12.0%. The company maintains its 2021 guidance for net sales and adjusted EBITDA growth.

Armstrong World Industries reported a 3% decrease in net sales and a 29% decrease in operating income compared to the prior year quarter. Despite these challenges, the company invested in digital tools and initiatives, launched new products, and completed three acquisitions, including Arktura. The company delivered over $200 million in free cash flow.

Armstrong World Industries reported net sales of $246.3 million, a decrease of 11% compared to the prior year quarter. Operating income was $72.3 million, down 36% year-over-year. The company acquired Turf Design and Moz Designs during the quarter and provided 2020 guidance for net sales, EBITDA, and adjusted free cash flow.

Armstrong World Industries reported a decrease in net sales of 25% and a decrease in operating income of 28% compared to the prior year quarter. The company also announced the acquisition of Turf Design and an increase in the share repurchase program.

Armstrong World Industries reported a 3% increase in net sales and a 39% increase in operating income for the first quarter of 2020. However, the company recorded a significant non-cash charge related to a pension risk transfer and withdrew its 2020 financial guidance due to the uncertainty surrounding the COVID-19 pandemic.

Armstrong World Industries reported a 3% increase in net sales, reaching $246.9 million. Operating income rose by 18% to $62.2 million, and earnings per share increased by 40% to $1.04. The company's adjusted EBITDA also grew by 14%.