Armstrong (AWI) Q4 2025 Earnings Call Transcript

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Tuesday, Feb. 24, 2026 astatine 10:00 a.m. ET

• Chief Executive Officer — Victor D. Grizzle

• Chief Financial Officer — Christopher P. Calzaretta

• Chief Operating Officer / CEO-Designate — Mark Hershey

Victor D. Grizzle, our CEO, Christopher P. Calzaretta, our CFO, on with Mark Hershey, our Chief Operating Officer, who volition sermon Armstrong World Industries, Inc. 4th fourth 2025 results and our outlook for 2026. We person provided a presumption to travel these comments that is disposable connected the Investor Relations conception of the Armstrong World Industries, Inc. website. Our treatment of operating and fiscal show volition see non-GAAP fiscal measures wrong the meaning of SEC Regulation G. A reconciliation of these measures with the astir straight comparable GAAP measures is included successful the net property merchandise and successful the appendix of the presumption issued this morning. Both are disposable connected our Investor Relations website.

During this call, we volition beryllium making forward-looking statements that correspond the presumption we person of our fiscal and operational show arsenic of today's date, 02/24/2026. These statements impact risks and uncertainties that whitethorn disagree materially from those expected oregon implied. We provided elaborate treatment of the risks and uncertainties successful our SEC filings including our 10 filed earlier this morning. We undertake nary work to update immoderate forward-looking connection beyond what is required by applicable securities law. With that, I volition present crook the telephone to Victor D. Grizzle. Thank you, Theresa, and bully morning. And convey you for joining our telephone today.

Victor D. Grizzle: As galore of you know, this volition beryllium my past Armstrong's net telephone arsenic CEO. As I volition beryllium moving into the Executive Chairman presumption connected April 1, and arsenic antecedently announced, Mark Hershey, presently our Chief Operating Officer, volition beryllium taking the helm arsenic President and CEO effectual astatine that time. It has been some a privilege and an grant to person led this large institution for the past 10 years. Throughout my 15 years present astatine Armstrong, Mark has served alongside maine successful assorted cardinal enactment roles.

His extended acquisition and way grounds of delivering results combined with his beardown dedication to our values and our civilization of operational excellence, marque him some good equipped and acceptable to pb this organization. We volition perceive from Mark aboriginal successful the telephone contiguous to sermon our caller acquisition of Eventscape, and immoderate advancements successful our caller merchandise innovations. So fto maine statesman with our grounds mounting 2025 results. 2025 represented different twelvemonth of beardown execution and a afloat objection of our resilient concern exemplary that delivered profitable maturation contempt persistently challenging marketplace conditions.