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. (NYSE: AWI) generates a steady flow of news as an Americas-focused manufacturer of ceilings, specialty walls and exterior metal solutions. This AWI news page on Stock Titan aggregates company announcements, earnings releases and other disclosures so readers can follow how Armstrong’s building products business and strategy are evolving over time.
Visitors can expect frequent updates tied to quarterly financial results, where Armstrong reports consolidated and segment-level performance for its Mineral Fiber and Architectural Specialties segments. These releases often highlight trends in net sales, operating income, Average Unit Value (AUV), equity earnings from the Worthington Armstrong Venture joint venture and the impact of acquisitions on Architectural Specialties. Armstrong also uses news releases and related Form 8-K filings to communicate changes to its full-year outlook and to discuss factors such as volume growth, pricing and cost dynamics.
Armstrong’s news flow also covers corporate actions and governance, including Board appointments, director compensation updates and leadership transitions. For example, the company has announced additions to its Board of Directors and a planned transition in which its President and Chief Executive Officer will become Executive Chair while its Senior Vice President and Chief Operating Officer assumes the CEO role. Other items include announcements of quarterly and increased cash dividends and updates on the company’s share repurchase program.
Another key category of AWI news involves strategic transactions and sustainability initiatives. Armstrong issues releases when it completes acquisitions that expand its Architectural Specialties offerings, such as the purchase of Geometrik Manufacturing Inc., a Canadian designer and manufacturer of wood acoustical ceiling and wall systems. The company also publishes sustainability-related news, including recognition by Newsweek as one of America’s Greenest Companies and product developments like Templok Energy Saving Ceilings and Ultima Low Embodied Carbon panels.
By reviewing the items on this page, investors and observers can monitor Armstrong’s operating performance, capital allocation decisions, acquisition activity and sustainability milestones, all drawn from the company’s own news releases and associated regulatory filings.
Armstrong World Industries, Inc. (NYSE:AWI) has declared a cash dividend of $0.231 per share for Q1 2022, payable on May 19, 2022, to shareholders on record as of May 5, 2022. The decision on future dividends will depend on the company's financial health and operational results. In 2021, AWI generated $1.1 billion in revenue, demonstrating its strong market position in ceiling and wall solutions.
Armstrong World Industries (NYSE:AWI) will release its first-quarter 2022 results before the market opens on April 26, 2022. The company has announced a conference call scheduled for 10:00 a.m. ET the same day to discuss these results. Interested participants can join the call by dialing (877) 312-9198 for U.S./Canada or (631) 291-4622 for international inquiries, using Conference ID: 6367957. A replay will be available via webcast on their Investor Relations page.
Armstrong generated $1.1 billion in revenue in 2021 and operates 15 manufacturing facilities across the Americas.
Armstrong World Industries (AWI) hosted its 2022 Investor Day, outlining five-year growth targets amid a market recovery. CEO Vic Grizzle expressed optimism from key initiatives focused on innovation, Healthy Spaces, and digitalization. The targets include a revenue growth rate of 10% to 13%, adjusted EBITDA growth of 12% to 15%, and adjusted diluted EPS growth of 15% to 20%, all aimed at enhanced value creation. With $1.1 billion revenue in 2021 and 2,800 employees across 15 facilities, AWI emphasizes forward-looking strategies despite inherent uncertainties.
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Armstrong World Industries reported strong fourth-quarter results with net sales up 18.3% year-over-year to $282.5 million. Operating income rose 25.9%, and diluted earnings per share increased 22.2%. For the full year, net sales increased 18.1% to $1,106.6 million, with an adjusted EBITDA increase of 12.6%. The company issued 2022 guidance projecting net sales growth of 10% to 13% and adjusted EBITDA growth of 10% to 16%, reflecting confidence in market conditions despite challenges.
Armstrong World Industries, Inc. (NYSE:AWI) has declared a cash dividend of $0.231 per share for Q4 2021, to be paid on March 17, 2022, to shareholders of record as of March 3, 2022. The payment and future dividends will depend on the company's financial position and cash flow. Armstrong reported $937 million in revenue for 2020, employing around 2,800 people across its manufacturing network of 15 facilities.
Armstrong World Industries (AWI) will release its fourth-quarter and full-year 2021 results on Feb. 22, 2022, before market opening. A conference call is scheduled for 10:00 a.m. ET the same day to discuss these results. Interested parties can join the call by dialing (877) 312-9198 for U.S./Canada and (631) 291-4622 internationally, using Conference ID: 2497001. A replay will be accessible on the Investor Relations page of AWI's website, along with additional information.
AWI specializes in innovative ceiling, wall, and suspension system solutions.
Armstrong World Industries, Inc. (AWI) has announced a hybrid Investor Day scheduled for March 3, 2022, at its corporate campus in Lancaster, PA, and available virtually. The event will feature presentations from company leadership discussing business performance and strategy, alongside demonstrations of AWI’s Healthy Spaces, digital, and innovation platforms. The webcast begins at 9 am ET, with a replay available on the company’s Investor Relations page. In 2020, AWI reported $937 million in revenue and operates 15 manufacturing facilities across the Americas.
Armstrong World Industries (AWI) announces the appointment of Austin So as the new senior vice president, general counsel, and secretary, effective February 1, 2022. He succeeds Mark Hershey, who transitioned to senior vice president, Americas. So brings over 20 years of legal experience, having previously worked at StoneMor Inc. and Heraeus Holding GMBH. His role will focus on legal oversight, sustainability, and compliance programs. CEO Vic Grizzle welcomes him as a vital part of advancing AWI’s growth strategy.
Armstrong World Industries (AWI) announced the retirement of Charlie M. Chiappone, senior vice president of Ceilings and Wall Solutions, effective April 1, 2022. In response, Mark A. Hershey and Jill A. Crager will assume new leadership roles starting January 1, 2022. Hershey will manage the Americas regions and retain oversight of Business Development, while Crager will lead Sales Operations and continue her digitalization efforts. AWI, with $937 million in revenue for 2020 and a workforce of approximately 2,800, anticipates continued growth with these strategic appointments.
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