Armstrong World Industries Reports Q1 Earnings with Sales Growth and Margin Improvements
Armstrong World Industries reported a 7% increase in Q1 sales and a 1% rise in adjusted EBITDA, with adjusted diluted EPS up 2%. The company reaffirmed its full-year guidance and raised its adjusted EPS outlook to 10%–14% due to an accelerated buyback program. The CEO emphasized strategy continuity and growth through innovation and M&A.
Tickers: $AWI
Topics: CEO Transition Earnings EBITDA Sales Growth Share Repurchases Strategic Priorities