Earnings ·
Reports Q3 net sales of $475.8M, up 12%, and raises full-year adjusted EBITDA guidance to $602M-$612M
AWIArmstrong World Industries Inc
Armstrong World Industries reported third-quarter consolidated net sales of $475.8 million, an 11.9% increase from the prior year, driven by double-digit growth in Architectural Specialties and solid Mineral Fiber performance. Diluted net earnings per share rose 9.6% to $2.17, while adjusted diluted EPS increased 10.2% to $2.26. The company updated its full-year 2026 guidance, raising the adjusted EBITDA outlook to a range of $602 million to $612 million and adjusting diluted EPS expectations upward to $8.30-$8.40. Management cited stronger net sales growth and accelerating inflationary pressures as key factors in the revised outlook. Armstrong World Industries is an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls, and exterior metal solutions.