Armstrong World Industries Q4 2022 net sales up 8% to $304.5M; guides 2023 sales growth 2-6%

ARMSTRONG WORLD INDUSTRIES INC

2022-FY EPS reported $4.37 revenue$1,233,100,000

Q4 net sales $304.5M (+7.8% YoY); operating income $70.6M (+27.2%); diluted EPS $1.07 (+21.6%).
Full-year 2022 net sales $1,233.1M (+11.4%); adjusted EBITDA $385M (+3.7%); adjusted diluted EPS $4.74 (+8.7%).
Mineral Fiber segment Q4 net sales +4.2% to $216M; Architectural Specialties +17.5% to $88.5M.
2023 guidance: net sales $1,260-$1,310M (2-6% growth); adjusted EBITDA $395-$420M (3-9% growth).
Repurchased 1.9M shares for $165M in 2022; $349M remaining under buyback; amended credit facility to $950M maturing Dec 2027.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ARMSTRONG WORLD INDUSTRIES INC reported financial results for fourth quarter and full year 2022.

Period: fourth quarter and full year 2022
Result: reported results

Exact text from the filing

issued a press release announcing its fourth quarter and full year 2022 consolidated financial results.

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18 earnings releases filed in the last 30 days. Browse all earnings releases →

ARMSTRONG WORLD INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000950170-23-003275

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