Armstrong World Industries Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents

Armstrong World Industries Inc Q1 2022 Earnings Call Summary

Armstrong World Industries Inc Q1 2022 Earnings Call Summary - Thomson StreetEvents
Armstrong World Industries Inc Q1 2022 Earnings Call Summary
Published Apr 26, 2022
19 pages (10043 words) — Published Apr 26, 2022
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Brief of AWI.N earnings conference call or presentation 26-Apr-22 2:00pm GMT

  
Brief Excerpt:

...Represents a very strong qtr. for Architectural Specialties (AS) segment and muted performance for Mineral Fiber segment (MF) due to distributor inventory adjustments. a. 2. There continues to be a growing number of positive indicators pointing to a continuation of market recovery. a. This combined with strength of AS performance and increasing traction of growth initiatives supports Co.'s confidence in maintaining 2022 growth guidance for sales and EBITDA. B. Architectural Specialties: Sales of $79m, up 24% YoverY. 1. Single qtr. record. a. b. Increase was aided by: i. Shipments for projects delayed in 2H21. ii. A continuation of share gains and recovery in commercial construction market. 2. Encouraged to see shipments for projects across various verticals, including office, education, transportation and hospitality. New Irving Institute building at Dartmouth College of 55,000 sq. ft., will be home to college's sustainability office and their center for energy, sustainability and innovation....

  
Report Type:

Brief

Source:
Company:
Armstrong World Industries Inc
Ticker
AWI.N
Time
2:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : My next question is going back to the inventory situation in Mineral Fiber. You have noted that some of that related to the change in the cadence of the pricing that you've put through. Does it, in any way, impact how you think about the go forward in terms of pricing? Is there may be more willingness to kind of stick with your historical cadence as opposed to kind of being as reactionary to inflation as it does change over the course of time? Or anything else that we should be aware of as you kind of look forward and learn from this experience?


Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Okay. Okay. That's helpful. And then my second question is, over the last couple of quarters, we've been talking about various end markets that have been maybe recovering a little bit faster or some that have been lagging whatever it is, one relative to the other. As you sort of look at where you stand today and thinking about the improvements that you're talking about as we go through the balance of the year and comments from distributors, would you say that there are certain end markets where you're really seeing more of a substantial pickup? Or it feels like we're getting past some of the COVID headwinds and the other things that have been impacting those end markets or geographies that are finally really coming together?

Table Of Contents

Armstrong World Industries Inc Q4 2022 Earnings Call Transcript – 2023-02-21 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 21-Feb-23 3:00pm GMT

Armstrong World Industries Inc Q3 2022 Earnings Call Transcript – 2022-10-25 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 25-Oct-22 2:00pm GMT

Armstrong World Industries Inc Q2 2022 Earnings Call Transcript – 2022-07-26 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 26-Jul-22 2:00pm GMT

Armstrong World Industries Inc at Goldman Sachs Industrials & Materials Conference (Virtual) Transcript – 2022-05-11 – US$ 54.00 – Edited Transcript of AWI.N presentation 11-May-22 4:10pm GMT

Armstrong World Industries Inc Q1 2022 Earnings Call Transcript – 2022-04-26 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 26-Apr-22 2:00pm GMT

Armstrong World Industries Inc Investor Day Transcript – 2022-03-03 – US$ 54.00 – Edited Transcript of AWI.N corporate analyst meeting</ 3-Mar-22 2:00pm GMT

Armstrong World Industries Inc Q4 2021 Earnings Call Summary – 2022-02-22 – US$ 54.00 – Edited Brief of AWI.N earnings conference call or presentation 22-Feb-22 3:00pm GMT

Armstrong World Industries Inc Q4 2021 Earnings Call Transcript – 2022-02-22 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 22-Feb-22 3:00pm GMT

Armstrong World Industries Inc Q3 2021 Earnings Call Summary – 2021-10-26 – US$ 54.00 – Edited Brief of AWI.N earnings conference call or presentation 26-Oct-21 2:00pm GMT

Armstrong World Industries Inc Q3 2021 Earnings Call Transcript – 2021-10-26 – US$ 54.00 – Edited Transcript of AWI.N earnings conference call or presentation 26-Oct-21 2:00pm GMT

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MLA:
Thomson StreetEvents. "Armstrong World Industries Inc Q1 2022 Earnings Call Summary" Apr 26, 2022. Alacra Store. May 25, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Armstrong-World-Industries-Inc-Earnings-Call-B15177951>
  
APA:
Thomson StreetEvents. (2022). Armstrong World Industries Inc Q1 2022 Earnings Call Summary Apr 26, 2022. New York, NY: Alacra Store. Retrieved May 25, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2022-Armstrong-World-Industries-Inc-Earnings-Call-B15177951>
  
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