Armstrong Flooring (AFI) Reports Q4 Loss of $1.37/sh

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Armstrong Flooring Reports Fourth Quarter and Full Year 2020 Results

February 17, 2021 7:06 AM EST

Fourth Quarter 2020 Highlights

- Net Sales of $143.9 Million, Up Year-Over-Year Led by Residential Demand
- Net Loss of $32.4 Million and Adjusted Net Loss of $30.1 Million
- Adjusted EBITDA loss of $14.5 Million
- Investments of $9.8 Million to Support Strategic Long-term Growth and Profit Initiatives

Full Year 2020 Highlights

- Net Sales of $584.8 Million
- Net Loss of $63.6 Million and Adjusted Net Loss of $59.2 Million
- Adjusted EBITDA loss of $6.3 Million
- Investments of $16.5 Million to Support Strategic Long-term Growth and Profit Initiatives

LANCASTER, Pa.--(BUSINESS... More