Armstrong World Industries reports record Q4 and FY 2023 sales; issues 2024 guidance with 3-6% sales growth

ARMSTRONG WORLD INDUSTRIES INC

2023-FY EPS reported $4.99 revenue$1,295,200,000

Q4 net sales $312.3M (+2.6% YoY); adjusted diluted EPS $1.22 (+13%).
FY 2023 net sales $1,295.2M (+5%); adjusted EBITDA $430M (+11.6%).
FY 2023 adjusted free cash flow $263M (+19%); repurchased 1.8M shares for $132M.
2024 guidance: net sales $1,335-1,375M (3-6% growth); adjusted EBITDA $450-470M (5-9% growth).
Mineral Fiber segment AUV drove growth; Architectural Specialties improved project margins.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ARMSTRONG WORLD INDUSTRIES INC reported financial results for quarter ended December 31, 2023.

Period: quarter ended December 31, 2023
Result: reported results

Exact text from the filing

On February 20, 2024, Armstrong World Industries, Inc. (the "Company") issued a press release announcing its fourth quarter and full year 2023 consolidated financial results.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

ARMSTRONG WORLD INDUSTRIES INC reported financial results for year ended December 31, 2023.

Period: year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 20, 2024, Armstrong World Industries, Inc. (the "Company") issued a press release announcing its fourth quarter and full year 2023 consolidated financial results.

View on SEC.gov

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

ARMSTRONG WORLD INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000950170-24-016783

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