Last $56.51 USD
Change Today -0.49 / -0.86%
Volume 623.4K
AWI On Other Exchanges
Symbol
Exchange
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As of 8:04 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

armstrong world industries (AWI) Snapshot

Open
$57.20
Previous Close
$57.00
Day High
$57.27
Day Low
$55.83
52 Week High
02/14/14 - $61.90
52 Week Low
07/31/14 - $48.35
Market Cap
3.1B
Average Volume 10 Days
693.7K
EPS TTM
$2.28
Shares Outstanding
54.8M
EX-Date
03/30/12
P/E TM
24.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for ARMSTRONG WORLD INDUSTRIES (AWI)

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armstrong world industries (AWI) Details

Armstrong World Industries, Inc. designs, manufactures, and sells flooring products and ceiling systems worldwide. The company’s Building Products segment produces suspended mineral fibers, soft fibers, and metal ceiling systems for use in commercial, institutional, and residential settings, as well as complementary ceiling products; and sells suspension system products. This segment sells its commercial ceiling materials and accessories to ceiling system contractors and resale distributors; and residential ceiling products to wholesalers and retailers. Its Resilient Flooring segment manufactures vinyl sheets, vinyl tiles, and linoleum flooring, as well as sources and sells laminate flooring products, vinyl tile products, vinyl sheet products, adhesives, and installation and maintenance materials and accessories. This segment sells its products to wholesalers, large home centers, retailers, and contractors, as well as to the manufactured homes industry. The company’s Wood Flooring segment offers pre-finished solid and engineered wood floors, and related accessories for use in new residential construction and renovation with various commercial applications in stores, restaurants, and offices. This segment sells its products to independent wholesale flooring distributors and large home centers. Armstrong World Industries, Inc. was incorporated in 1891 and is headquartered in Lancaster, Pennsylvania.

8,600 Employees
Last Reported Date: 07/28/14
Founded in 1891

armstrong world industries (AWI) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $980.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $262.9K
Executive Vice President and Chief Executive ...
Total Annual Compensation: $515.0K
Executive Vice President and Chief Executive ...
Total Annual Compensation: $459.4K
Chief Compliance Officer, Senior Vice Preside...
Total Annual Compensation: $413.8K
Compensation as of Fiscal Year 2013.

armstrong world industries (AWI) Key Developments

Armstrong World Industries Announces Management Changes

Armstrong World Industries, Inc. announced that effective Sept. 26, Donald R. Maier, currently senior vice president, Global Operations Excellence for Armstrong, is appointed executive vice president and chief executive officer of Armstrong Flooring Products. Mr. Maier succeeds Thomas B. Mangas, who is leaving Armstrong to become executive vice president and chief financial officer for Starwood Hotels & Resorts Worldwide. Mr. Maier joined Armstrong in January 2010. During his tenure, he led a successful Lean transformation that dramatically improved manufacturing and procurement productivity. He also established a disciplined project management process and implemented a safety program that has delivered world-class results. Under his leadership, the company right-sized its manufacturing footprint to correspond to demand around the world, consolidating facilities in the U.S. and building and opening new plants in Millwood, West Virginia; Wujiang, China; and Tatarstan, Russia. Prior to Armstrong, Mr. Maier worked for TPG Capital Advisors where he was responsible for transforming multi-billion dollar portfolio companies.

Armstrong World Industries, Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal 2014

Armstrong World Industries, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company announced net sales of $710.0 million compared to $706.6 million for the same period a year ago. Operating income was $57.8 million compared to $67.6 million for the same period a year ago. Earnings from continuing operations before income taxes were $45.6 million compared to $56.5 million for the same period a year ago. Earnings from continuing operations were $21.0 million compared to $30.6 million for the same period a year ago. Net earnings were $18.9 million compared to $29.9 million for the same period a year ago. Earnings per share of common stock from continuing operations, diluted were $0.38 compared to $0.51 for the same period a year ago. Net earnings per share of common stock, diluted were $0.34 compared to $0.50 for the same period a year ago. Adjusted EBITDA was $99 million compared to $97 million for the same period a year ago. Operating income, adjusted was $66 million compared to $70 million for the same period a year ago. Net cash flow generated from operations was $56 million compared to $57 million for the same period a year ago. Free cash flow generated was $10 million compared to $32 million for the same period a year ago. Earnings before tax, adjusted were $54 million compared to $59 million for the same period a year ago. Net earnings, adjusted were $33 million or $0.60 per share compared to $36 million or $0.60 per share for the same period a year ago. Consolidated net sales increased slightly compared to the prior year period driven by favorable price and mix which offset lower volumes in the Americas and Europe across all businesses.  For the six months, the company announced net sales of $1,344.4 million compared to $1,328.9 million for the same period a year ago. Operating income was $110.3 million compared to $114.6 million for the same period a year ago. Earnings from continuing operations before income taxes were $81.8 million compared to $71.6 million for the same period a year ago. Earnings from continuing operations were $37.9 million compared to $33.8 million for the same period a year ago. Net earnings were $35.8 million compared to $32.9 million for the same period a year ago. Earnings per share of common stock from continuing operations, diluted were $0.68 compared to $0.56 for the same period a year ago. Net earnings per share of common stock, diluted were $0.64 compared to $0.54 for the same period a year ago. Net cash provided by operating activities was $22.4 million compared to $43.2 million for the same period a year ago. Adjusted EBITDA was $182 million compared to $175 million for the same period a year ago. Operating income, adjusted was $120 million compared to $123 million for the same period a year ago. Free cash flow used was $45 million compared to $19 million for the same period a year ago. Earnings before tax, adjusted were $92 million compared to $80 million for the same period a year ago. Net earnings, adjusted were $56 million or $1.02 per share compared to $49 million or $0.81 per share for the same period a year ago. The company provided earnings guidance for the third quarter and full year of fiscal 2014. The company announced that as a result of its reduced market outlook, for the third quarter of 2014 sales are expected to be in the range of $740 to $780 million and adjusted EBITDA to be in the range of $110 to $130 million. For the full year, management now expects sales in the $2.7 billion to $2.8 billion range, and adjusted EBITDA to be in the range of $370 million to $400 million. 2014 adjusted EPS is expected to be $2.15 to $2.40 per diluted share and free cash flow to be between $20 million and $60 million for the full year.  Adjusted EPS guidance for 2014 is calculated based on an adjusted effective tax rate of 39%.

Armstrong World Industries, Inc. to Report Q2, 2014 Results on Jul 28, 2014

Armstrong World Industries, Inc. announced that they will report Q2, 2014 results on Jul 28, 2014

 

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AWI Competitors

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Company Last Change
Beacon Roofing Supply Inc $26.24 USD -0.47
Forbo Holding AG SFr.987.50 CHF +0.50
NCI Building Systems Inc $20.51 USD -0.03
Universal Forest Products Inc $44.71 USD -1.08
USG Corp $28.78 USD -0.46
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Industry Analysis

AWI

Industry Average

Valuation AWI Industry Range
Price/Earnings 30.5x
Price/Sales 1.1x
Price/Book 4.2x
Price/Cash Flow 32.0x
TEV/Sales 0.7x
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