Mark A. Hershey
On March 31, 2025, the Board of Directors of Armstrong World Industries, Inc. (the “Company”) appointed Mark A. Hershey as Senior Vice President & Chief Operating Officer, effective April 1, 2025.
Highest-materiality recent filing
Mineral Fiber net sales $257.2M (+4.9%), adj. EBITDA $109M (+3.5%); Architectural Specialties net sales $152.7M (+11%), adj. EBITDA $21M (-11.9%).
Armstrong reports record FY2025 sales $1.62B, adj EPS $7.41; FY2026 guidance: sales $1.745-$1.785B
FY2025 net sales $1.62B (+12%), operating income $431M (+15%), adj. diluted EPS $7.41 (+17%).
Victor D. Grizzle will transition from President and CEO to Executive Chair effective April 1, 2026.
Net sales $425M (+10% YoY), operating income $117M (+5%), adjusted EBITDA $148M (+6%)
Armstrong World Q2 2025: sales +16% to $425M, EPS $2.01 (+34%), raises FY guidance
Net sales $424.6M (+16% YoY); diluted EPS $2.01 vs $1.50; adjusted EPS $2.09 vs $1.62.
Armstrong Q1 net sales +17% to $382.7M, diluted EPS $1.58 (+16%), reaffirms FY2025 guidance
Net sales $382.7M (+17.3% YoY) driven by acquisitions and Mineral Fiber AUV growth; operating income $98.5M (+14.4%).
Q4 net sales $367.7M (+17.7% YoY); diluted EPS $1.42 (+34%); adjusted EBITDA $112M (+14%).
Armstrong Q3 net sales up 11% to record $387M; raises FY2024 guidance
Record Q3 net sales $386.6M (+11.3% YoY); diluted EPS $1.75 (+12.2%), adjusted diluted EPS $1.81 (+13.1%).
AWI Q2 2024: Net sales +12% to $365M, adj. EPS $1.62 (+17%); raises FY guidance
Net sales $365.1M (+12.2%), operating income $95.0M (+9.2%), diluted EPS $1.50 (+11.9%).
Armstrong World Industries Q1 record: sales +5%, EPS +31%, raises FY2024 guidance
Net sales $326.3M (+5.2% YoY); operating income $86.1M (+22.6%); diluted EPS $1.36 (+30.8%).
Armstrong World Industries acquires 3form, LLC for $95M to expand architectural specialties
Purchase price of $95M, funded via revolving credit facility; 3form had ~$96M net sales in 2023.
Q4 net sales $312.3M (+2.6% YoY); adjusted diluted EPS $1.22 (+13%).
Armstrong World Industries Q3 net sales $347M, EPS $1.56, raises FY guidance
Q3 net sales $347.3M (+6.9% YoY); diluted EPS from cont. ops $1.56 (+32% YoY); adjusted diluted EPS $1.60 (+17.6%).
Armstrong World Industries Q2 2023: EPS $1.34, revenue $325.4M, adj. EBITDA +9.8%
Q2 net sales $325.4M (+1.4% YoY); operating income $87M (+21.5%); diluted EPS $1.34 (+20.7%).
Armstrong World Industries boosts buyback authorization by $500M to $1.7B, extends through 2026
Board added $500M to share repurchase authorization, raising total to $1.7B, program extended to Dec 31, 2026.
Armstrong World Q1 net sales up 10% to $310.2M; adj. EPS up 10% to $1.12
Net sales of $310.2M, +10% YoY; operating income $70.2M (+11%); diluted EPS $1.04 (+11%).
On March 31, 2025, the Board of Directors of Armstrong World Industries, Inc. (the “Company”) appointed Mark A. Hershey as Senior Vice President & Chief Operating Officer, effective April 1, 2025.
On September 28, 2022, Larry S. McWilliams notified the board of directors of Armstrong World Industries, Inc. (the “Company”) that he will not stand for re-election to the Company's board of directors at its next annual shareholder meeting, which will take place in 2023.
On September 19, 2022, Ellen R. Romano notified Armstrong World Industries, Inc. (the “Company”) of her intent to retire from her current position as Senior Vice President, Human Resources, effective April 1, 2023.
On July 19, 2022, the board of directors of Armstrong World Industries, Inc. (the “Company”) appointed William H. Osborne as a new director to its board.
Christopher P. Calzaretta, the Company’s Vice President, Finance, has been appointed to succeed Brian L. MacNeal as the Company’s Senior Vice President and Chief Financial Officer, effective August 1, 2022.
Mr. MacNeal will continue to serve as Senior Vice President and Chief Financial Officer with the Company through August 1, 2022, and will continue as an employee of the Company through September 1, 2022 to assist with the transition to Mr. Calzaretta.
On March 31, 2022, the Board of Directors (the “Board”) of Armstrong World Industries, Inc. (the “Company”) approved an extension of the retirement date for Brian MacNeal, Senior Vice President and Chief Financial Officer, in order to ensure a smooth transition to a successor.
Charlie M. Chiappone has notified the Company of his intent to retire from his position as Senior Vice President, Ceiling and Wall Solutions of the Company, effective April 1, 2022.
Mark A. Hershey, General Counsel, Chief Compliance Officer and Senior Vice President of Business Development and Sustainability will become Senior Vice President, Americas.
Jill A. Crager, Vice President, Commercial Digitalization will become Senior Vice President, Sales Operations responsible for all distribution and direct sales channels, pricing and customer service.
On August 31, 2021, Brian L. MacNeal notified Armstrong World Industries, Inc. (the “Company’) of his intent to retire from his position as Senior Vice President and Chief Financial Officer (principal financial officer) of the Company, effective May 1, 2022.
Max materiality 0.90 · Median 0.50 · Most common event earnings