Armstrong Flooring Shares Halted On Code News Pending
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LANCASTER, Pa., May 17, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (the "Company") today announced that it has received approval from the U.S. Bankruptcy Court for the District of Delaware to access its consensual debtor-in-possession ("DIP") financing totaling $24 million in net new money. This financing will provide the Company with the necessary liquidity to continue operating in the ordinary course as it pursues a swift, value-maximizing sale process. The DIP financing consists of an asset-based revolving credit facility and a term loan facility (together, the "DIP Facilities"). The DIP Facilities are being provided by the Company's pre-petition lenders, which include Bank of A
LANCASTER, Pa., May 09, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (NYSE:AFI), a leader in the design and manufacture of innovative flooring solutions ("Armstrong Flooring" or "the Company"), today announced that the Company and certain of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. In a continuation of its ongoing sale process, the Company intends to continue pursuing an efficient and value-maximizing sale of its business through a competitive Chapter 11 sale process. The Company's businesses in China and Australia will not be included in the Chapter 11 filing,
LANCASTER, Pa., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Armstrong Flooring announced it will increase U.S. prices effective March 1, 2022 to offset rising input costs. For select Residential products, price increases will range from 0-10%. For select Commercial products, price increases will range from 0-15%. The previously announced and implemented ocean and freight surcharges will remain in place. "Armstrong Flooring continues its strong commitment of delivering high quality products and services to the markets we serve," said Brent Flaharty, Senior Vice President, Chief Customer Experience Officer at Armstrong Flooring. "We have and will continue to do what we can to offset the increasing co
8-K - Armstrong Flooring, Inc. (0001655075) (Filer)
8-K - Armstrong Flooring, Inc. (0001655075) (Filer)
8-K - Armstrong Flooring, Inc. (0001655075) (Filer)
Gainers ShiftPixy (NASDAQ:PIXY) stock moved upwards by 6.9% to $0.5 during Friday's pre-market session. The company's market cap stands at $16.7 million. Swvl Hldgs (NASDAQ:SWVL) shares increased by 6.65% to $5.45. The market value of their outstanding shares is at $647.9 million. Guardforce AI Co (NASDAQ:GFAI) stock moved upwards by 5.63% to $0.6. The company's market cap stands at $24.8 million. Armstrong Flooring (NYSE:AFI) shares rose 5.62% to $0.4. The company's market cap stands at $8.7 million. Losers Blade Air Mobility (NASDAQ:BLDE) stock declined by 11.2% to $6.65 during Friday's pre-market session. The company's market cap stands at $471.3 million. Deere (NYSE:DE) sh
Gainers Exicure, Inc. (NASDAQ:XCUR) shares rose 28.1% to $0.1550 in pre-market trading. Exicure said in Form4 filing a director bought 1,472,126 shares at average price of $0.19 per share. Getnet Adquirência e Serviços para Meios de Pagamento S.A. (NYSE:GET) rose 15.7% to $1.70 in pre-market trading after gaining around 5% on Thursday. Siyata Mobile Inc. (NASDAQ:SYTA) rose 12.5% to $1.17 in pre-market trading. Siyata Mobile recently posted a Q4 loss of $0.38 per share. HUTCHMED (China) Limited (NASDAQ:HCM) shares rose 12.3% to $10.32 in pre-market trading. HUTCHMED recently received a Complete Response Letter (CRL) from the U.S. Food and Drug Administration (FDA) for the New Drug Appl
4 - Armstrong Flooring, Inc. (0001655075) (Issuer)
4 - Armstrong Flooring, Inc. (0001655075) (Issuer)
4 - Armstrong Flooring, Inc. (0001655075) (Issuer)
Third Quarter 2021 Highlights Net sales of $168.5 millionNet loss of $29.7 millionAdjusted EBITDA loss of $17.9 million LANCASTER, Pa., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (NYSE:AFI) ("Armstrong Flooring" or the "Company") a leader in the design and manufacture of innovative flooring solutions, today reported financial results for the third quarter ended September 30, 2021. Michel Vermette, President and Chief Executive Officer, commented, "During the third quarter we were able to grow our sales by approximately 8% year-over-year, and we continue to see strong demand for our products, carrying an order backlog of approximately $67 million into the fourth quarter.
LANCASTER, Pa., Oct. 27, 2021 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (NYSE:AFI) ("Armstrong Flooring" or the "Company"), a leader in the design and manufacture of innovative flooring solutions, announced today that the Company will release its third quarter 2021 financial results before the market opens on Tuesday, November 9, 2021. A webcast and conference call will be held that same day at 10:00 a.m. Eastern Time to review financial results, discuss recent events and conduct a question-and-answer session. Webcast and Conference Call The live webcast will be available through the "Investor Relations" section of the Company's website, www.armstrongflooring.com. Participants are adv
Second Quarter 2021 Highlights Net sales of $168.1 millionNet loss of $19.5 millionAdjusted EBITDA loss of $3.5 million LANCASTER, Pa., July 21, 2021 (GLOBE NEWSWIRE) -- Armstrong Flooring, Inc. (NYSE:AFI) ("Armstrong Flooring" or the "Company") a leader in the design and manufacture of innovative flooring solutions, today reported financial results for the second quarter ended June 30, 2021. Michel Vermette, President and Chief Executive Officer, commented, "We continued to improve the business in the second quarter. We delivered 15.5% top-line growth compared t
SC 13D/A - Armstrong Flooring, Inc. (0001655075) (Subject)
SC 13D/A - Armstrong Flooring, Inc. (0001655075) (Subject)
SC 13D/A - Armstrong Flooring, Inc. (0001655075) (Subject)