Armstrong Flooring Inc's Corporate Customers have recorded an advance in their cost of revenue by 5.35 % in the 4 quarter 2021 year on year, sequentially costs of revenue grew by 1.12 %. During the corresponding time, Armstrong Flooring Inc recorded a revenue increase by 14.25 % year on year, sequentially revenue fell by -2.43 %. While revenue at the Armstrong Flooring Inc 's corporate clients recorded rose by 5.55 % year on year, sequentially revenue grew by 1.07 %.
Armstrong Flooring Inc's Customers have recorded an advance in their cost of revenue by 5.35 % in the 4 quarter 2021 year on year, sequentially costs of revenue grew by 1.12 %, for the same period Armstrong Flooring Inc recorded revenue increase by 14.25 % year on year, sequentially revenue fell by -2.43 %.
Armstrong Flooring Inc's Comment on Sales, Marketing and Customers
We use our reputation, capabilities, service and brand recognition to develop
long-standing relationships with our customers. We principally sell products
through independent wholesale flooring distributors, who re-sell our products
to retailers, builders, contractors, installers and others. In the commercial
sector, we also have important relationships with subcontractors’ alliances,
large architect and design firms, and major facility owners in our focus segments.
In the North American retail channel, which sells to end-users in the residential
and light commercial segments, we have important relationships with national
home centers such as The Home Depot, Inc. and Lowe’s Companies, Inc. In
the North American residential sector, we also have important relationships
with major home builders and retail buying groups. Additionally, when market
conditions and available capacity warrant, we also provide product on an OEM
basis to other flooring companies.
Approximately 55% of our consolidated net sales are to distributors. Sales
to large home centers account for approximately 25% of our consolidated sales.
Our remaining sales are primarily to other retailers, end-use customers and
contractors.
The Home Depot, Inc. and J.J. Haines and Company, Inc. each accounted for 10%
or more of our total consolidated net sales
Armstrong Flooring Inc’s Comment on Sales, Marketing and Customers
We use our reputation, capabilities, service and brand recognition to develop
long-standing relationships with our customers. We principally sell products
through independent wholesale flooring distributors, who re-sell our products
to retailers, builders, contractors, installers and others. In the commercial
sector, we also have important relationships with subcontractors’ alliances,
large architect and design firms, and major facility owners in our focus segments.
In the North American retail channel, which sells to end-users in the residential
and light commercial segments, we have important relationships with national
home centers such as The Home Depot, Inc. and Lowe’s Companies, Inc. In
the North American residential sector, we also have important relationships
with major home builders and retail buying groups. Additionally, when market
conditions and available capacity warrant, we also provide product on an OEM
basis to other flooring companies.
Approximately 55% of our consolidated net sales are to distributors. Sales
to large home centers account for approximately 25% of our consolidated sales.
Our remaining sales are primarily to other retailers, end-use customers and
contractors.
The Home Depot, Inc. and J.J. Haines and Company, Inc. each accounted for 10%
or more of our total consolidated net sales
Sources:
Armstrong Flooring Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Armstrong Flooring Inc’s corporate clients.
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