Armstrong World Inds Inc Stock Price, News & Analysis

Armstrong World Industries (NYSE:AWI), a leading Americas manufacturer of innovative interior and exterior architectural applications, has announced a quarterly dividend of $0.308 per share of common stock. The dividend will be paid on May 22, 2025, to stockholders of record as of May 8, 2025.

The company, which specializes in ceilings, specialty walls, and exterior metal solutions, notes that future dividends and capital allocations will be determined by the Board of Directors based on factors including financial position, results of operations, and cash flow.

Armstrong World Industries (NYSE:AWI), a leading manufacturer of interior and exterior architectural applications in the Americas, has announced its upcoming first-quarter 2025 earnings release schedule. The company will release its Q1 2025 results before market opening on Tuesday, April 29, followed by a conference call at 10:00 a.m. ET to discuss the results.

The earnings conference call will be accessible via live webcast on the company's Investor Relations webpage. Participants can either join through a listen-only webcast link or register for telephone access to ask questions during the call. A replay of the event will be made available on the company's Investor Relations website.

Armstrong World Industries (NYSE:AWI) reported record-setting financial results for Q4 and full-year 2024. Fourth-quarter net sales increased 17.7% to $368 million, with operating income up 24% and diluted earnings per share rising 34%. Full-year 2024 delivered record net sales of $1.4 billion, a 12% increase, with operating income up 16% and diluted earnings per share growing 21%.

The growth was driven by higher sales volumes ($36 million) and favorable Average Unit Value ($20 million) in Q4. The Mineral Fiber segment saw 8.1% higher net sales due to favorable pricing and mix, while Architectural Specialties segment sales jumped 40.8%, boosted by recent acquisitions of Zahner, 3form, and BOK Modern.

For the full year, cash flows from operating activities increased by $33 million compared to 2023. The company continued its share repurchase program, buying back 0.5 million shares for $55 million in 2024, with $662 million remaining in the authorized program through December 2026.

Armstrong World Industries (NYSE:AWI), a leading manufacturer of architectural applications in the Americas, has announced a quarterly cash dividend of $0.308 per share of common stock. The dividend will be paid on March 20, 2025, to stockholders of record as of March 6, 2025.

The company, which specializes in ceilings, specialty walls, and exterior metal solutions, notes that future dividends and capital allocations will be determined by the Board of Directors based on factors including financial position, operations results, and cash flow.

Armstrong World Industries (NYSE:AWI), a leading manufacturer of ceiling and wall solutions in the Americas, has announced its upcoming fourth-quarter and full-year 2024 earnings release schedule. The company will release its financial results before market opening on Tuesday, February 25, followed by a conference call at 10:00 a.m. ET to discuss the results.

The conference call will be accessible via live webcast on the company's Investor Relations webpage. Participants not planning to ask questions are encouraged to use the Listen Only link, while those wishing to participate actively must pre-register using the participant call link to receive personal dial-in information. A replay of the event will be available on the company's Investor Relations webpage.

Armstrong World Industries (NYSE: AWI), a leader in ceiling and wall solutions, has been named one of America’s Most Responsible Companies by Newsweek for the third consecutive year.

AWI President and CEO Vic Grizzle stated, “Being named one of America’s Most Responsible Companies for the third consecutive year is a tremendous honor. This recognition is a reflection of our sustainable and responsible business practices and the hard work of our teams that strive to make a positive impact on our customers and communities.”

Newsweek, in collaboration with Statista, evaluated the 2,000 largest U.S. public companies based on environmental, social, and corporate governance criteria. These factors were combined to create an overall corporate social responsibility score, derived from 30 key performance indicators, including energy consumption and charitable contributions, along with a reputation survey of over 26,000 U.S. consumers. The resulting awards list highlights companies that excel in corporate responsibility, sustainability, and ethical business practices.

Armstrong World Industries (NYSE: AWI) has acquired A. Zahner Company, a Kansas City-based leader in exterior architectural metal solutions. Zahner, projected to generate revenue of approximately $42 million in 2024, specializes in design, engineering, and fabrication of complex exterior architectural metal projects.

The acquisition expands Armstrong's capabilities in the exterior architectural metal category, complementing their existing interior ceiling and specialty wall solutions. Zahner, founded in 1897, brings approximately 160 employees and production facilities in Missouri and Texas. Notable Zahner projects include SoFi Stadium, Petersen Automotive Museum, IBM headquarters, and Bloomberg Center.

This marks Armstrong's 12th Architectural Specialties acquisition since 2016, following the acquisition of BOK Modern, in 2023. The purchase was funded through existing cash and revolving credit facility.

Armstrong World Industries (AWI) has been recognized as one of America's Greenest Companies for 2025 by Newsweek. The company's sustainability initiatives include the introduction of Templok® Energy Saving Ceilings and Ultima® Low Embodied Carbon ceiling panels. AWI's 2024 Sustainability Report outlines progress in key areas including reducing carbon emissions, increasing renewable energy sourcing, eliminating chemicals of concern, and maintaining their ceiling recycling program, which has diverted 220 million square feet of ceiling tiles from landfills. The ranking considered companies meeting the European Union's sustainability criteria.

Armstrong World Industries (NYSE:AWI) reported strong Q3 2024 results with record quarterly net sales of $387 million, up 11.3% year-over-year. Operating income increased 11.1% to $111.3 million, while diluted earnings per share rose 12.2% to $1.75. The growth was driven by higher volumes ($30 million) and favorable Average Unit Value ($9 million). The company's Mineral Fiber segment saw 3.3% sales growth, while Architectural Specialties segment sales jumped 31.8%. Based on strong performance, AWI raised its full-year 2024 guidance for adjusted EBITDA (12-14% growth), adjusted diluted EPS (16-17% growth), and adjusted free cash flow (10-14% growth).