Grizzle said 2025 was the company’s second consecutive year of double-digit growth and its fifth consecutive year of net sales and earnings growth. CFO Chris Calzaretta added that the full-year results reflected multiple drivers, including contributions from architectural specialties acquisitions, market penetration in architectural specialties, growth initiatives, strong average unit value (AUV) performance, productivity gains, and “healthy” equity earnings from the WAVE joint venture.CEO Vic Grizzle opene ...

Financial Data and Key Metrics Changes - In 2025, the company achieved a 12% increase in net sales compared to the previous year, with adjusted EBITDA growing by 14% and adjusted EBITDA margin expanding by 70 basis points [7][21] - The company reported double-digit growth for the second consecutive year, marking the fifth consecutive year of net sales and earnings growth [8][21] - Adjusted diluted net earnings per share increased by 17%, and adjusted free cash flow rose by 16% [21][22] Business Line Data and Key Metrics Changes - The Mineral Fiber segment saw a 3% sales growth in Q4, driven by a 6% increase in average unit value (AUV), despite lower sales volumes due to external factors [16][17] - Architectural Specialties (AS) segment delivered an 11% top-line growth in Q4, supported by contributions from recent acquisitions and organic growth [19][21] - Mineral Fiber adjusted EBITDA margin reached a record 42.1% in Q4, while AS segment adjusted EBITDA margin was approximately 18%, below the 20% target due to project delays [17][19] Market Data and Key Metrics Changes - The company anticipates flat to 1% growth in Mineral Fiber volume for 2026, with AUV growth expected to be around 6% [25][26] - High single-digit organic growth is expected in the AS segment, driven by market penetration and contributions from recent acquisitions [25][26] - The company expects total net sales growth of 8%-10% in 2026, with adjusted EBITDA growth of 8%-12% [25][26] Company Strategy and Development Direction - The company is focused on innovation, operational excellence, and expanding its architectural specialties business through acquisitions [30][34] - Recent acquisitions, including Eventscape, are expected to enhance the company's ability to partner with architects and designers, driving growth in commercial buildings [34][37] - The company is prioritizing energy-efficient building solutions and data centers as key growth areas, aligning with macro trends in construction [30][31] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about slightly improving market conditions in 2026, despite ongoing uncertainties related to policy and geopolitical events [37] - The transportation vertical is expected to remain a growth area, along with gradual recovery in the office vertical [38] - Management noted that project bids for office spaces are significantly higher than inflationary levels, indicating increased investment in tenant improvements [60][62] Other Important Information - The company has a strong balance sheet and ample liquidity, with $533 million remaining under the existing share repurchase authorization [24] - The company is committed to disciplined capital allocation, prioritizing reinvestment in the business, strategic acquisitions, and returning cash to shareholders [23][24] Q&A Session Summary Question: What is the price and mix split for the 6% AUV growth in 2026? - Management indicated that the AUV performance was above historical levels, with a slight bias towards price rather than mix due to inflationary pressures [46] Question: How should we think about strategic continuity and top priorities under new leadership? - The new CEO emphasized that there will be no pivot in strategic direction, focusing on innovation, growth initiatives, and productivity [48][49] Question: Can you discuss the operating environment and the momentum of new products? - Management noted that while the overall starts of work in the marketplace are flat, the values of bids for office spaces are significantly higher, indicating a positive trend [58][60] Question: What are the expectations for input inflation in 2026? - Input inflation is expected to be in the mid-single-digit range, with specific components like energy seeing higher inflation [68][69] Question: What gives confidence in the architectural specialties organic growth returning to high single digits? - Management highlighted strong backlog growth and order intake at double-digit levels, indicating confidence in returning to high single-digit growth [85][86]

Armstrong World Industries (NYSE:AWI) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Company ParticipantsChris Calzaretta - CFOJohn Lovallo - Managing DirectorKeith Hughes - Managing Director of Sell Side Equity ResearchMark Hershey - COOPhilip Ng - Managing DirectorSean Kelleher - Managing DirectorStephen Kim - Senior Managing DirectorTheresa Womble - VP of Investor Relations and Corporate CommunicationsTomohiko Sano - Co-head of Japan Equity ResearchVic Grizzle - CEOConference Call ParticipantsAdam B ...

Armstrong World Industries (NYSE:AWI) Q4 2025 Earnings call February 24, 2026 10:00 AM ET Speaker7Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Armstrong World Industries fourth quarter and full year 2025 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during ...

4 th Quarter and Full Year 2025 Earnings Presentation February 24, 2026 Safe Harbor Statement Disclosures in this presentation contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including without limitation, those relating to future financial and operational results, market and broader economic conditions and guidance. Those statements provide our future expectations or forecasts and can be identified by our use of words such as "anticipate," "esti ...

Armstrong World Industries (AWI) came out with quarterly earnings of $1.61 per share, missing the Zacks Consensus Estimate of $1.67 per share. This compares to earnings of $1.5 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3.59%. A quarter ago, it was expected that this ceiling and wall systems manufacturer would post earnings of $1.99 per share when it actually produced earnings of $2.05, delivering a surprise of +3.02%.Ov ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to _________ Commission File Number 1-2116 ARMSTRONG WORLD INDUSTRIES, INC. (Exact name of registrant as specified in its charter) | Pennsylvania 23-0366390 | | -- ...

Exhibit 99.1 Armstrong World Industries Reports Record-Setting Fourth-Quarter and Full-Year 2025 Results Fourth-Quarter 2025 Full-Year 2025 LANCASTER, Pa., Feb. 24, 2026 -- Armstrong World Industries, Inc. (NYSE:AWI), an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions, today reported fourth-quarter and full- year 2025 financial results highlighted by strong sales and earnings growth ...

LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries. Inc. (NYSE: AWI), an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions, announced today that it has acquired Eventscape, Inc., a globally recognized design and fabrication company known for delivering complex, design-driven architectural environments. Based in New York City and Toronto, Canada, Eventscape special. ...

Core Insights - The London Company Small Cap portfolio achieved a 2.7% increase (2.5% net) during the quarter, outperforming the Russell 2000 Index, which increased by 2.2% [2][3]