Armstrong World Industries Reports Record Q3 2026 Sales Amid Rising Input Cost Inflation
Armstrong World Industries (AWI) reported strong third-quarter results for fiscal year 2026, highlighted by record net sales of $475.8 million, an 11.9% increase year-over-year. Growth was driven by a combination of volume increases and favorable average unit values, particularly within the Architectural Specialties segment, which saw its highest quarterly organic growth rate on record. Despite robust top-line performance, management issued a cautious outlook regarding profitability. While full-year net sales guidance was raised to 10%-11% due to specialty segment strength, adjusted EBITDA guidance was lowered to 8%-10% to account for the highest level of input cost inflation since 2022. Significant freight and raw material price hikes continue to pressure margins.