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Armstrong Flooring, Inc. Stock Price

OTCPK:AFII.Q Community·US$217.8k Market Cap
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AFII.Q Share Price Performance

US$0.0001
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US$0.0001
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Price US$0.0001

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Snowflake Analysis

Slightly overvalued with worrying balance sheet.

3 Risks
1 Reward

Armstrong Flooring, Inc. Key Details

US$649.9m

Revenue

US$571.3m

Cost of Revenue

US$78.6m

Gross Profit

US$131.6m

Other Expenses

-US$53.0m

Earnings

Last Reported Earnings
Dec 31, 2021
Next Reporting Earnings
n/a
-2.43
12.09%
-8.16%
55.5%
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About AFII.Q

Founded
1860
Employees
1568
CEO
Michel Vermette
WebsiteView website
www.armstrongflooring.com

Armstrong Flooring, Inc., together with its subsidiaries, designs, manufactures, sources, and sells flooring products in North America and the Pacific Rim. It offers resilient flooring products. The company’s products are used in the construction and renovation of commercial, residential, and institutional buildings. It sells its products to independent wholesale flooring distributors, other retailers, end-use customers, and contractors, as well as direct to specialty retailers. The company was founded in 1860 and is headquartered in Lancaster, Pennsylvania. On May 8, 2022, Armstrong Flooring, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware.

Recent AFII.Q News & Updates

Seeking Alpha Jan 04

Armstrong Flooring: Turnaround Investing Is Much Harder Than It Looks

This piece provides a fairly detailed look at one of my biggest turnaround investing mis-adventures. Despite selling its L.A. land for a tidy $65.4 million, something I anticipated well in advance, Armstrong's turnaround and go-to-market strategy, ultimately, failed. This piece discusses Armstrong's recently refinanced ABL/ Term Loan, albeit on very short terms, and the company is hanging a 'For Sale' sign for the business.

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