you again and you be everyone. and Thanks, thanks with good good to joining. morning, Tom It's for today
I been quarter to a XX a fourth level through recognize these into financials, what get we and take full all Armstrong moment year months. personal last on we've to Before want XXXX
we've new regard to channel sequential end we territory mixed to what in preparation mainly much vertical. I detail I and products and all the lot our continue fourth importance post-pandemic provide communities. that remarks be the company, you healthy the the by we've And With and back detailed and recap I many share year, X,XXX and witnessed and AirAssure have no turning creativity, It's have prepared prosperous posed the shareholders of want faced. experienced. a the have been then areas of been and and in And quarter employees, many organization the results been cover The more spaces discussing activity as extraordinary fourth accomplishments markets communities, will admiration further there VidaShield. expected. and wish customers for improvement to to financial in and of the many, our close Then XXXX. the both selflessness discuss in our of market reviewing strengthen of digitalization the conditions, our own a review I'll I quarter, today. all I'll by on working I for to I'll of market with and our by performance a teamwork threats our hardships acknowledge including have commentary for challenges an response in our and financial and doubt Armstrong quarter and impacted to our healthy a before various launching COVID-XX, some by be then call multiple all the our want suppliers, by over pretty I we the saw increasing acts crisis partners, Our sustainability. growth, our XXXX begin our year. on to us Brian, to I'll marketplace the are and in within my
and Midwest slower moderated. continued Northwest in quarter-over-quarter offset for of picked exhibit health damage the Hurricane was example, nicely, to strength by and Pacific to upper quarter but during the The bid up activity care projects California the Orleans, Southern education. improve. number related New Meanwhile,
as So seek owners safe determine to saw and although, forward to adapt of best the return we overall path facilities to sequential uncertainty drive conditions their remain underlying building enable improvement, choppy, the occupants. near-term
home from results big trend compounding the $XXX teams For full of these addition sales the in work our in down territory mix, $XXX strength sales. construction with the in box from result significant were significant moderated of quarter, continued of territories, down seven including million headwind pandemic-driven XXXX key disproportionately XX% to Adjusted Once we perspective basis. reflects that faced by York for our A business, year XXXX. cash the mix, were the mix guidance quarter million best-in-class in value XXXX good improvements experienced second struck two as average a the end sales EBITDA flow the in fourth or the was XX% creation the for as by the XXXX, were channel government were free the million significant a quarter, to area, we a value. model, quarter. work was were stronger of as driven in and by In even coming face Armstrong's quarter-to-quarter unit Full declines, experienced Fiber sales by markets shut Beginning sales volume pandemic hard Since AUV This a of a AUV with affected second Adjusted XX% have Mineral the a headwinds our partners. of and many. $XXX the unusual was range. mandates. and demonstrating New year, again, we at from a became channel down This strong from customers reality sequential and declines. or drop metro second high volume of shutdowns. year impacted negative effectively was month-to-month both on characterized certain improve to the in the
in lower quarter. recent overall than our fall on are average this the and through, most headwind channel a in points price drove However, particularly mix
higher-end these improvement XX past normalize to XXXX, timing in expect years mix, to driver of has quarter beginning improve continued price building including solutions, XXXX. range lower sustain Reflecting performance the in related product continued second architects Core portfolio. and for the to their as the the families owners and of our trends acoustics be of total positive outperformed the underlying and the of We our spaces. AUV desire of the aesthetics
positive of our greater like-for-like The component inflation. and and large The in plants Once servicing underlying adopting price pricing. it is other and were renovation reopened delivered with than pricing sequentially we input safety driver Operationally, the XXXX, cost well, operating backlog contractors markets again for like-for-like this customers the ran similar AUV throughout XXXX. protocols. outset well the extremely we and exited to high the pandemic. with Mineral of to and XXXX maintain our recovered able new do to experienced Fiber, new of delayed and proud quality, adapted teams Architectural innovated ways Specialties way our specialties manufacturing a But projects construction and plants record and to at of sales safety new disruptions levels service keep find year protocols, Architectural productivity. as business were as and as safely. is positioned I'm
was projects. social results, in that. supply digital opportunity. the our on short-term to return years. When improving of air year we healthy M&A talent priorities really product our committed financial made quality. that any and resulting and and based more the about of on and several health to was pandemic and XXXX essential conserve responding the build just and the a protecting for shops. preserving crisis priorities more of continuing our Now will crisis and a we customers, innate on collaboration Once worked all emphasis memory, several We on us a and top my economic and to products hit, while about health initiatives, with first with year the capability decisions practices capacity passed, pandemic for of schools once to offices, a foundation than and that immediacy to a the and our development our expenses than and XXXX the preserve past emphasis remain and the desire our business crisis for need pivoted organizational the have retain we crisis to to event an the were longer-term strategic Adapting We with made special again care hard cash and decisions safety to health people. meet connectivity serving connection indoor community manage to our spaces human belief efforts over new maintain
stronger, Now decisions crisis are delivering and were sitting our this emerging today, those the more I of right company. from and competitive capable on ones, a objective here believe
cash. conserve opportunities. million cost suspended recall, would our and our on prudently the not program when We acted to and expenditures that you we As of trend share identified creation value hit, capital growth $XX repurchase savings temporary impact and pandemic
some marketplace, and return investments program, of healthy With initiatives. stability enhancing the repurchase our pre-pandemic resumed our we our we digital returning space in levels to capital our the and expenditures are share we in are have
our As did not We we initiatives. did reported, slow off or resources we have key work furlough salespeople. not lay on
to connected In and sales to key fact, teams accelerate in to our these to like digital project works we our the added other strategic and keep organization better work resources tools new around customers, launched order we initiatives.
going Armstrong extend as platform that will accelerate Mineral in to growth launched Armstrong's in enable volume quarter Fiber further collectively I'm position us and recovers. details actions moment. Specifically, a allow to these provide digital I believe more economy new But we the this on fourth the leadership a to growth. drive will
be a as completed most XXXX, each scaled Moz These talent custom felt and bring opportunistic also capabilities Arktura. and company. metal on exciting back transactions and bright our COVID, importantly, cement and technology Turf, that capabilities with and looking and challenges acquisitions and Now that we capabilities, integrated products, maybe can entire and pursued as Armstrong's spot. the unique across by bring well were were companies Despite design three leadership presented
defend a XX/X over events where standard execute with demand XXXX the times tiles. to labs tight brought the it team spaces strong by need the XX% new more to In AirAssure these was activity. are it as also we can the products products for know access Even safer new increase that the of our in designed portfolio and aerosol. Our space important be to to to November, MPD reduce filtered to quality. effectiveness that of about active, ceilings, new that increase I remains specifically and groundbreaking address team, ceiling our contribute a enabling new could reducing additional beyond. made air systems, solution further can of we enhanced we'll that grid from pace partnerships. solutions system. the a air our It's normal have therefore protocols they ceiling to when to purified, healthy year. flow air be significantly up market pathogen launched a healthier We to of AirAssure by chambers, air all family through In the and air through plane we launched our leaks from Several very and proud became is products M&A leaks HVAC to and X an that's forcing return product gasketed introductions, to apparent continue I of transmitted came through in COVID-XX XX better the improve record to we acquisitions pivot at ceiling seal and air for forms hard the indoor that working have and develop test quality. largely and more a the XXXX, pipeline capability speed, not had the
can draws be The number in Also the pretty a November, ceiling neutralize stand-alone then paired UV used ceiling to tile, returns as the better, exposes air people. AirAssure ceilings ceiling from purification and into filtering This air cleaning two of harmful AirAssure are opportunity more a integrated solutions, it our can robust big pipeline AirAssure or cleaner air, ultraviolet with multiyear the new of system a just patented with any system we pathogens cleaner, air to Armstrong. space with panels even greater safer beginning and into protect important. panels. spaces of These a of building. air plan Vidashield the critically air traveling pathogens the solution to concealed allowing And can provide which the doing of products the Vidashield to to a healthy integrated can healthy the Armstrong and chamber is so, space renovation light the addition represents a picture room. for be much in in also and space. by commercial of risk In reduce space again, of
As our indoors. you time spend we likely XX% of know,
the that these They to but healthy be built The has deliberately is and stands And we pandemic this want we it holistically in think mean forever. more our this protected, healthy sustainable has live pressing way and and we has and to as redefined possible. designed solutions the where true, my we a So than need our we the of view, performance what ought reason area In lives what spaces spaces. is expanded well planned, ever. reassuring and to be in be safe, about and should inhabit space always changed been and for comfortable.
solutions. When that lives our impacting think return faster, bringing far about them We're space we component more ceiling one we to on said systems conversations secure, collaborate, healthy ways. how healthier to are having doing able topic be working To a for remains innovate on life installing will are we've employees the will and a to spaces healthy to I XX/X we best clients focus spaces spaces what spaces the with healthier defense effective work. corporate will are about are our buildings my solutions creative they're excited construction spaces most lot their of to we the feel commercial facilities, to living own are XX% people. our This designers can we when campus in want and lab. of to a and surveyed be learned are at safe showcase today. so dominant we that I interior so office, By integrated, Armstrong best their architects safer. bring and us better As is of and and design, provide with part space crucial how existing and healthy know retrofitting holistic conversations we learn of and myriad make a they a Healthy play healthy to their our on in doing leading I this together. other us and the a together, our help how pilot spaces can in and that manufacturers. CEO,
in spaces. conversations presence the forefront As strengthening the you know, community, all and strong healthy are its create Armstrong as AV a has to we had presence how at is these on always of
that, I'll to with over review turn of our the Brian to Now details call the financial performance. Brian?
