Welcome to our dedicated page for Armstrong World Inds news (Ticker: AWI), a resource for investors and traders seeking the latest updates and insights on Armstrong World Inds stock.
Armstrong World Industries Inc (AWI) delivers innovative ceiling, wall systems and suspension solutions for commercial and residential spaces worldwide. This news hub provides investors and industry professionals with timely updates on corporate developments, strategic initiatives, and market positioning.
Access official press releases covering earnings announcements, product innovations, and partnership updates alongside expert analysis of AWI's evolving role in building material solutions. Our curated collection simplifies tracking regulatory filings, leadership changes, and sustainability efforts impacting the company's global operations.
Key updates include manufacturing expansions, material science advancements through the WAVE joint venture, and responses to architectural design trends. Bookmark this page for consolidated access to verified AWI news affecting investment decisions and industry benchmarking.
Armstrong World Industries (NYSE: AWI) has announced a 10% increase in its quarterly cash dividend, raising it to $0.254 per share. This decision reflects the Board of Directors' strong confidence in the company's growth strategy and ability to maintain steady cash flow and earnings. The new dividend will be paid on Nov. 17, 2022, to shareholders of record as of Nov. 3, 2022. This marks the fourth consecutive year of dividend increases for AWI, highlighting a commitment to returning cash directly to shareholders.
Armstrong World Industries (AWI) is set to release its third-quarter 2022 results on October 25, 2022, before market opening. A conference call to discuss the results will follow at 10:00 a.m. ET. Interested participants can access a live webcast on the company’s Investor Relations page. AWI, a leader in ceiling and wall solutions, reported $1.1 billion in revenue for 2021, employing nearly 3,000 staff across its 15 manufacturing facilities.
Armstrong World Industries (NYSE:AWI) reported a 15% increase in net sales for Q2 2022, totaling $321 million, driven by price adjustments amidst inflation and gains in the Architectural Specialties segment. However, operating income declined by 9%, reflecting acquisition-related charges. Adjusted EBITDA rose 2% and adjusted diluted earnings per share increased 11%. For the full year, the guidance for net sales is projected to be up 11% to 13%.
Despite sales growth, the company faces challenges from inflation and longer project timelines.
Armstrong World Industries (AWI) has appointed William H. Osborne to its Board of Directors, expanding the board to nine members. Osborne has over 35 years of leadership experience in manufacturing and operations, currently serving at Boeing Defense, which generated over $26 billion in revenue in 2021. His addition is expected to strengthen AWI's growth strategy and operational excellence. This marks the second board appointment in 2022, following Richard D. Holder's election at the annual shareholder meeting in June.
Armstrong World Industries, Inc. (NYSE:AWI) announced a cash dividend of $0.231 per share, payable on August 18, 2022, to shareholders on record as of August 4, 2022. The company's future dividend declarations will depend on its financial position and results of operations. With $1.1 billion in revenue in 2021, AWI operates 15 manufacturing facilities and employs nearly 3,000 individuals.
On July 26, 2022, Armstrong World Industries (AWI) will announce its Q2 results before market opening, followed by a conference call at 10:00 a.m. ET. The call will provide insights into the company's performance and outlook. Interested parties can register for a telephone connection or view a webcast on the Investor Relations page. Armstrong, a leader in ceiling and wall solutions, achieved $1.1 billion in revenue in 2021 and operates 15 manufacturing facilities in the Americas.
Armstrong World Industries (AWI) has expanded its partnership with Price Industries to develop innovative solutions for promoting healthy indoor environments. Their first product collaboration is the StrataCleanIQ™, a ceiling-mounted filtration unit featuring MERV 13 filtration, aimed at enhancing indoor air quality. Both companies emphasize the importance of indoor environmental quality (IEQ) factors such as air quality, acoustics, and thermal comfort, which have gained increased attention due to the COVID-19 pandemic. This partnership seeks to leverage their combined strengths in research, product development, and industry leadership.
Armstrong World Industries (AWI) has appointed Christopher P. Calzaretta as the new Chief Financial Officer, effective August 1, 2022. He succeeds Brian MacNeal, who will assist in the transition until September 1, 2022. Calzaretta has over 20 years of finance experience and joined AWI in 2018 as Vice President of Finance for the Americas. The company's success relies on strong execution of its growth strategy, which Calzaretta is expected to support. AWI reported $1.1 billion in revenue for 2021 and employs nearly 3,000 individuals.
Armstrong World Industries (NYSE:AWI) announced that CEO Vic Grizzle will speak at the 2022 Goldman Sachs Industrials and Materials Conference in New York on May 11 at 12:10 p.m. ET. The event will be available as a live webcast on the company's website, with a replay accessible for 30 days post-event. In 2021, AWI generated $1.1 billion in revenue and employs nearly 3,000 individuals, supported by a manufacturing network of 15 facilities and six dedicated to its WAVE joint venture.
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