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Key Takeaways Armstrong World is set to report Q2 results on July 28, with EPS seen rising 11.5% and revenues 8%.Pricing, commercial renovation demand and Architectural Specialties momentum are expected to lift sales.Productivity, higher WAVE contributions and easing tariff effects may support EBITDA and margins. Armstrong World Industries, Inc. (AWI - Free Report) is scheduled to report its second-quarter 2026 results on July 28, before the opening bell.

AWI’s earnings beat the Zacks Consensus Estimate in two of the trailing four quarters, and missed on two occasions, with the average surprise being 2.9%.

How Are Estimates Placed for AWI Stock?The Zacks Consensus Estimate for second-quarter earnings per share (EPS) has remained unchanged at $2.33 over the past 60 days. The revised estimate indicates 11.5% year-over-year growth.

The consensus estimate for revenues is pegged at $458.4 million, indicating an 8% year-over-year rise from $424.6 million.

Factors Likely to Shape AWI’s Q2 PerformanceRevenues

Armstrong World’s second-quarter revenues are likely to have benefited from continued pricing discipline, resilient demand in commercial renovation markets and sustained momentum in the Architectural Specialties segment. The Mineral Fiber business is expected to remain supported by favorable Average Unit Value, modest volume growth and improving demand from federal-government customers. Recent acquisitions, including Eventscape, Parallel and Geometrik, are also likely to have contributed incremental revenues.

Commercial activity also remains healthy across transportation, airports, healthcare and data centers. Management highlighted strong Architectural Specialties quoting activity and low-double-digit order growth, providing good visibility into the second half of 2026.

This growth is reflected in contributions from AWI’s two reportable segments: Mineral Fiber, which accounted for approximately 63% of first-quarter 2026 revenues, and Architectural Specialties, which contributed about 37%. For the Mineral Fiber unit, revenues are currently pegged at $282.5 million, up from $267 million reported a year ago. The Zacks Consensus Estimate for the Architectural Specialties segment revenues is currently pegged at $176.7 million compared with $157.6 million reported a year ago.

Armstrong World’s innovation initiatives are expected to remain another important growth driver. Continued adoption of PROJECTWORKS and Kanopi should support specification wins, customer engagement and pricing. At the same time, TEMPLOK energy-saving ceiling systems and the company’s expanding portfolio of data-center solutions are positioned to benefit from increasing demand for energy-efficient commercial buildings and AI-driven digital infrastructure. Management expects these initiatives to generate up to 1.5 percentage points of volume growth above underlying market demand in 2026.

Earnings & Margins

Armstrong World’s earnings are expected to benefit from pricing, productivity gains and higher WAVE contributions in the Mineral Fiber segment, supporting its full-year adjusted EBITDA margin target of about 44%. Our model projects second-quarter adjusted EBITDA to rise 7.9% year over year to $166.1 million.

Architectural Specialties margins are also expected to improve sequentially as the one-time tariff impact fades, acquisitions scale and recent growth investments begin to support operating leverage. However, higher raw-material and energy costs, elevated selling expenses, acquisition-integration costs and continued investments in growth initiatives could partially offset these benefits during the quarter.

What the Zacks Model Says for Armstrong WorldOur proven model does not conclusively predict an earnings beat for Armstrong World this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here, as you will see below.

AWI’s Earnings ESP: The company has an Earnings ESP of 0.00%. You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

AWI’s Zacks Rank: The stock currently carries a Zacks Rank of 3.

Stocks With the Favorable CombinationHere are some companies in the Zacks Construction sector that, according to our model, have the right combination of elements to post an earnings beat in the quarter to be reported.

Boise Cascade Company (BCC - Free Report) has an Earnings ESP of +6.50% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Boise Cascade’s earnings beat estimates in two of the last four quarters, missed on one occasion and met on the remaining occasion, the average surprise being 40.8%. BCC’s earnings for the second quarter of 2026 are expected to decline 25% year over year.

CRH plc (CRH - Free Report) currently has an Earnings ESP of +4.08% and a Zacks Rank of 3.

CRH’s earnings beat estimates in two of the last four quarters, missed on one occasion and met on the remaining occasion, the average surprise being 0.7%. CRH’s earnings for the second quarter of 2026 are expected to inch up 1% year over year.

Limbach Holdings, Inc. (LMB - Free Report) has an Earnings ESP of +0.26% and a Zacks Rank of 3 at present.

Limbach’s earnings beat estimates in three of the last four quarters and missed on the remaining one occasion, the average surprise being 37.3%. LMB’s earnings for the second quarter of 2026 are expected to rise 5.4% year over year.

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LANCASTER, Pa.--(BUSINESS WIRE)--Armstrong World Industries, Inc. (NYSE:AWI), an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions, announced today that its Board of Directors has approved an additional $800 million authorization to repurchase shares under the Company's existing share repurchase program, increasing the total authorized amount under the program to $2.5 billion, and extending the program through Dec. 31, 2029.

In addition, the Board of Directors has declared a cash dividend of $0.339 per share of common stock. The dividend will be paid on Aug. 19, 2026, to shareholders on record as of the close of business on Aug. 5, 2026.

"I'm pleased to announce the Board’s approval of this $800 million increase in our share repurchase authorization which, along with our quarterly dividend, reflects the fundamental strength of our business model and its ability to consistently generate strong Adjusted Free Cash Flow," said Chris Calzaretta, SVP and CFO of Armstrong World Industries. "With our consistent approach to capital allocation and a healthy balance sheet, we are well-positioned for continued long-term shareholder value creation."

Pursuant to the share repurchase program, the Company may purchase shares of its common stock at times and in such amounts as management deems appropriate, subject to market and business conditions, regulatory requirements and other factors. Repurchases under the program may be made through open market, block and privately-negotiated transactions, including Rule 10b5-1 plans. The expanded program, unless otherwise determined by the Board of Directors, does not obligate the Company to purchase any particular amounts of common stock and may be suspended or discontinued at any time without notice. The declaration and payment of future dividends and capital allocations will be at the discretion of the Board of Directors and will be dependent upon, among other things, the company's financial position, results of operations and cash flow.

About Armstrong

Armstrong World Industries, Inc. (AWI) is an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions. For more than 165 years, Armstrong has delivered products and capabilities that enable architects, designers and contractors to transform building design and construction with elevated aesthetics, acoustics and sustainable attributes. With $1.6 billion in revenue in 2025, AWI has approximately 4,000 employees and a manufacturing network of 24 facilities, plus seven facilities dedicated to its WAVE joint venture.

More News From Armstrong World Industries, Inc.

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, /PRNewswire/ -- McNICHOLS CO., the largest value-added distributor and fabricator of specialty metals and fiberglass products in North America, announces Mateus Panosso's appointment as President. McNICHOLS and One Equity Partners (OEP), who made a significant investment in the Company in October 2025, view this decision as an important step forward in their partnership.

Mateus brings an accomplished career to McNICHOLS, having led domestic and international P&Ls within the distribution and industrial services space. He has also led various enterprise strategy and business development functions with a focus on scaling complex, geographically dispersed industrial businesses.

Most recently, Mateus served as Head of Company-Owned Distribution at Wilsonart, a private-equity-backed engineered surfaces company serving both commercial and residential markets. Mateus was charged with scaling and professionalizing the company's distribution business unit, driving organic and acquisition growth through greenfield expansion, increasing value-added service offerings, and introducing third-party products across the network.

"I am very excited to welcome Mateus to the Hole Team," said McNICHOLS CEO Scott McNichols. "He joins us at an important time in our nearly 75-year history. Mateus is passionate about growth, serving others, and leading with customer-focused values, which align with our organization. I look forward to supporting him and our senior leadership team as they pursue our growth objectives together. I would also like to thank CarterBaldwin Executive Search for leading the nationwide search."

Prior to Wilsonart, Mateus served as Vice President of Strategy and Corporate Development at Armstrong World Industries (NYSE: AWI), where he built the company's corporate M&A function, executed multiple acquisitions, and led the divestiture of AWI's European and Asian businesses.

Earlier in his career, Mateus held strategy, business development, and P&L leadership roles at DuPont (NYSE: DD), including regional Latin American business responsibilities. As an early entrepreneur, he co-founded and ran a successful import/export distribution company. Mateus began his career at Accenture, focused on developing solutions for utility and energy companies in their Chicago and German offices.

Mateus holds a B.S. and B.A. in Business and Russian from Miami University (Ohio), an MBA in finance and entrepreneurship from the University of Pennsylvania Wharton School, and an M.S. in international studies from the University of Pennsylvania Lauder Institute.

About McNICHOLS CO.
McNICHOLS is the largest value-added distributor and fabricator of specialty metals and fiberglass products in the US, serving customers in all 50 states and internationally. Headquartered in Tampa, FL, the Company operates 19 strategically located service centers and is best known for its leadership in supplying "Hole Products," including perforated and expanded metals, wire mesh, and designer metals, supported by a broad portfolio of bar grating, plank grating, fiberglass grating, and industrial flooring solutions. Founded in 1952, McNICHOLS entered a new chapter in October 2025 with a strategic investment from One Equity Partners. For additional information, please visit www.mcnichols.com.

About One Equity Partners
One Equity Partners (OEP) is a middle-market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record of generating long-term value for its partners. Since 2001, the firm has completed more than 500 transactions worldwide. The firm has offices in New York, Chicago, Frankfurt, and Amsterdam. For more information about OEP, please visit www.oneequity.com.

About CarterBaldwin Executive Search
Founded in 2001, CarterBaldwin is a retained executive search firm that partners with leading corporations, private equity firms, privately held businesses, and nonprofit organizations to build exceptional leadership teams. The firm has completed more than 2,000 searches and has grown into a national practice with international reach while maintaining the hands-on partner involvement that has defined the firm since its founding. CarterBaldwin is recognized by Forbes as one of America's Best Executive Recruiting Firms and is consistently ranked among the nation's leading executive search firms by Hunt Scanlon, including its Top 50 and PE Power 75 rankings. For more information, please visit www.carterbaldwin.com.

SOURCE McNichols Co.

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Armstrong World Industries, Inc. (“Armstrong World” or the “Company”) (NYSE: AWI) investors concerning the Company’s possible violations of the federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON ARMSTRONG WORLD INDUSTRIES, INC. (AWI), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS.

What Happened?

On February 24, 2026, Armstrong World released its fourth quarter and full year 2025 financial results, missing consensus estimates and disclosing that “volumes in the quarter were softer than we expected” and that it “did not see the normal bounce back after reopening.” The Company also noted that five “good sized projects” were delayed and that those projects “not only fell out of the quarter, they fell out of the year.”

On this news, Armstrong World’s stock price fell $18.53, or 9.6%, to close at $174.30 per share on February 24, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:

If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay Wolke & Rotter LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

Whistleblower Notice

Persons with non-public information regarding Armstrong World should consider their options to aid the investigation or take advantage of the SEC Whistleblower Program. Under the program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Charles H. Linehan at 310-201-9150 or 888-773-9224 or email [email protected].

About Glancy Prongay Wolke & Rotter LLP

GPWR is a premier law firm with decades of experience representing investors and consumers in securities litigation and other complex class action litigation. Recognizing the firm’s recent successes, GPWR was named one of Law360’s Securities Groups of the Year and ranked second-highest in total investor recoveries by Institutional Shareholder Services Securities Class Action Services in 2025. GPWR’s lawyers have handled cases covering a wide spectrum of corporate misconduct and relating to nearly all industries and sectors. GPWR’s past successes have been widely covered by leading news and industry publications such as The Wall Street Journal, The Financial Times, Bloomberg Businessweek, Reuters, the Associated Press, Barron’s, Investor’s Business Daily, Forbes, and Money. Prior results do not guarantee a similar outcome.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260520916728/en/

NEW YORK--(BUSINESS WIRE)--The law firm of Kirby McInerney LLP reminds investors of its investigation on behalf of Armstrong World Industries, Inc. (“Armstrong World” or the “Company”) (NYSE:AWI) investors concerning the Company's and/or members of its senior management's possible violation of the federal securities laws or other unlawful business practices. [LEARN MORE ABOUT THE INVESTIGATION] What Happened? On February 24, 2026, Armstrong World reported its fourth quarter and full-year 2025 f.

Armstrong World Industries (AWI +1.91%) and Carlisle Companies (CSL +4.02%) possess elite, high-margin, cash-compounding financial profiles, but they frequently fly under the radar for mainstream or institutional investors.

That's because they're boring -- in a good way. They make high-margin goods that most investors don't think much about. Armstrong makes acoustical ceiling tiles and mineral fiber wall panels. Carlisle makes single-ply thermoplastic roofing membranes and commercial building envelope insulation.

Here are three reasons why I like each of these construction supply stocks.

Image source: Getty Images.

Armstrong gets stability with high renovation exposure One of the biggest misconceptions about building materials companies is that they are entirely at the mercy of volatile new construction starts. Armstrong breaks this mold cleanly because roughly 70% of its commercial revenue is tied to renovation and remodel work, rather than new buildings.

This structural exposure to remodeling helps the company during economic slowdowns. Commercial properties regularly need ceiling and acoustical updates, even when new from-the-ground-up construction freezes.

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Strong growth in its Architectural Specialties segment Armstrong operates two main divisions: traditional Mineral Fiber and the higher-end Architectural Specialties segment. Management has deliberately leaned into the latter to drive structural margin expansion. The company's strategic acquisitions, including the February purchase of Eventscape, have allowed Armstrong to expand beyond standard drop ceilings into premium, high-aesthetic metal, wood, and resin wall systems.

In the first quarter, the company reported record sales of $409.9 million, up 7.1% year over year, led by 11% growth in Architectural Specialties revenue. This shift toward a more specialized, premium product mix supports management's stellar targeted adjusted earnings before interest, depreciation, taxes, and amortization (EBITDA) margins of 32% to 34%. Adjusted earnings per share (EPS) were up 1.8% over the same period last year, to $1.69. The company also reaffirmed its adjusted EPS yearly guidance of 10% to 14% growth.

Armstrong is shareholder-friendly The company has increased its dividend for seven consecutive years, including a 10% increase in 2025 to $0.339 per quarterly share. At its current share price, the dividend yield is around 0.8%. There's plenty of room for growth, with a payout ratio of around 18%. In Q1, the company spent $60 million on share repurchases, leaving it with $473 million remaining under its current repurchase program.

Carlisle benefits from the big reroofing moat The biggest misconception about Carlisle is that it rises and falls with the cyclical real estate market. In reality, most of Carlisle's core commercial roofing demand comes from recurring maintenance and reroofing projects on an aging U.S. building stock.

Commercial flat roofs have a hard expiration date. Every 15 to 25 years, regardless of interest rates or new construction starts, a building owner must replace a failing roof to protect the assets below. This creates a highly predictable, defensive base of revenue that insulates Carlisle from severe economic downturns and provides incredibly reliable cash flow visibility.

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Carlisle is also shareholder-friendly Carlisle leverages its consistent, annual operating cash flow of more than $1 billion into share buybacks and above-average dividends. Carlisle repurchased $250 million of its shares in Q1, and is actively executing against a massive $1 billion buyback target. This shrinking share count provides a powerful, structural tailwind to long-term EPS growth. In Q1, the company also paid out $46 million in dividends.

The company has increased its dividend for 49 consecutive years, making it just one year shy of being a Dividend King, the rare group of stocks that have raised their dividends for 50 or more consecutive years. Carlisle's steady dividend raises, including a 10% increase to $1.10 per quarterly share in 2025, have kept investors loyal and demonstrate a deep-rooted commitment to continuous cash returns across all phases of the economic cycle. The yield at its current share price is around 1.32%, and its payout ratio of 25% suggests room for additional dividend increases.

Carlisle had a mixed Q1, with revenue falling 4% year over year to $1.05 billion. However, its strong margins led to adjusted EPS rising 1% to $3.63 compared with Q1 2025.

The company's 2026 guidance predicts revenue growth in the low single digits, with full-year adjusted EBITDA increasing by 50 basis points.

Making a solid choice Both of these stocks are good buys right now. Compared to their peers, they are undervalued, trading below 23 times earnings, with superior return on equity and profit margins.

The market has lumped both of these stocks with companies that specialize in materials for new construction, but both have a majority of their business tied to recurring maintenance. They are also shareholder-friendly, and each recently increased its dividend by 10%. Being overlooked means that now is still a good time to buy these stocks before they rise.

NEW YORK, May 26, 2026 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP continues its investigation on behalf of Armstrong World Industries, Inc. (“Armstrong World” or the “Company”) (NYSE:AWI) investors concerning the Company’s and/or members of its senior management’s possible violation of the federal securities laws and other unlawful business practices.

[LEARN MORE ABOUT THE INVESTIGATION]

What Happened?

On February 24, 2026, Armstrong World reported its fourth quarter and full-year 2025 financial results. During the Company’s earnings call, Armstrong disclosed that “volumes in the quarter were softer than we expected” and that it “did not see the normal bounce back after reopening.” Armstrong World also discussed project timing issues in its Architectural Specialties segment, stating that “there were five good sized projects” that were delayed and that those projects “not only fell out of the quarter, they fell out of the year.” The Company further stated that it “really did not have the operating leverage in the fourth quarter based on these project push outs” and described the impact as creating an “air pocket” in its results. On this news, the price of Armstrong World shares declined by $18.53 per share, or approximately 10%, from $192.83 per share on February 23, 2026 to close at $174.30 on February 24, 2026.

What Should I Do?

At this stage, no lawsuit has been filed. The investigation is ongoing to determine whether claims may be brought under federal securities laws.

If you purchased or otherwise acquired Armstrong World securities, have information, or would like to learn more about this investigation, please contact Lauren Molinaro of Kirby McInerney LLP by email at [email protected], or fill out the contact form below, to discuss your rights or interests with respect to these matters at no cost.

[LEARN MORE ABOUT SECURITIES CLASS ACTIONS]

Kirby McInerney LLP is a New York-based plaintiffs’ law firm concentrating in securities, antitrust, whistleblower, and consumer litigation. The firm’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional information about the firm can be found at Kirby McInerney LLP’s website.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Kirby McInerney LLP        
Lauren Molinaro, Esq.
212-699-1171
https://www.kmllp.com
https://securitiesleadplaintiff.com/
[email protected]

Armstrong World Industries, Inc. (NYSE: AWI), a leader in the design, innovation and manufacture of interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions, today announced the release of its sixth annual Sustainability Report. The report highlights the company’s progress in 2025 across its three sustainability pillars: Healthy and Circular Products, Healthy Planet and Thriving People and Communities, all aligned with the company’s purpose of making a positive difference in the spaces where people live, work, learn, heal and play.

“This year’s report highlights the continued integration of sustainability across our company,” said Mark Hershey, President and CEO of AWI. “In 2025, we advanced initiatives that reduce waste, enhance efficiency in our operations and increase the performance of innovative sustainable solutions like Templok®. These efforts reflect our strategic commitment to productive operations and developing products that enable our customers to design and create healthier, more energy-efficient spaces.”

The 2026 Sustainability Report spotlights enhancements to Armstrong’s innovative Templok® energy saving ceiling tiles, which increase thermal storage capacity and eliminate chemicals of concern. Templok is now part of the company’s Sustain® portfolio, representing the company’s most sustainable, high‑performance ceiling products that meet stringent environmental standards in our industry.

The report highlights continued progress across AWI’s sustainability initiatives, including implementation of advanced wastewater processing at the Hilliard, Ohio, facility to help divert paint waste from landfill. The company advanced renewable energy and carbon reduction efforts while continuing to invest in operational efficiencies that support both sustainability priorities and long-term business performance.

AWI also advanced its people-first culture through ongoing investments in employee growth, development and workplace safety. Through the Armstrong World Industries Foundation and corporate giving initiatives, AWI continued supporting education, environmental protection and thriving neighborhoods in the communities where employees live and work.

AWI prepared the 2026 Sustainability Report in reference to the GRI Standards and in alignment with the following additional frameworks and standards: Sustainability Accounting Standards Board (SASB), Construction Materials and Building Products and Furnishings Standards, the Task Force on Climate-Related Financial Disclosures (TCFD) and the International Sustainability Standards Board (ISSB) IFRS S2 Climate-Related Disclosures. This report also serves as AWI’s United Nations Global Compact Communication on Progress.

View the complete report here to explore AWI’s 2025 sustainability performance highlights and future goals.

About Armstrong

Armstrong World Industries, Inc. (AWI) is an Americas leader in the design and manufacture of innovative interior and exterior architectural applications including ceilings, specialty walls and exterior metal solutions. For more than 165 years, Armstrong has delivered products and capabilities that enable architects, designers and contractors to transform building design and construction with elevated aesthetics, acoustics and sustainable attributes. With $1.6 billion in revenue in 2025, AWI has approximately 4,000 employees and a manufacturing network of 24 facilities, plus seven facilities dedicated to its WAVE joint venture.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260527623551/en/

It has been about a month since the last earnings report for Armstrong World Industries (AWI - Free Report) . Shares have lost about 5.4% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Armstrong World Industries due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for Armstrong World Industries, Inc. before we dive into how investors and analysts have reacted as of late.

Armstrong World Q1 Earnings Miss Estimates, Sales Up Y/YArmstrong World posted adjusted earnings of $1.69 per share for the first quarter of 2026, up 1.8% year over year but missing the Zacks Consensus Estimate of $1.82 by 7.1%. Quarterly net sales rose 7.1% to $409.9 million and edged past the consensus mark of $409 million by 0.1%.

The quarter featured solid top-line momentum, supported by higher volumes and favorable average unit value (AUV), but profitability was pressured by short-term headwinds tied largely to Architectural Specialties.

AWI’s Sales Growth Driven by AUV and VolumesAWI’s first-quarter net sales gain was driven by a mix of higher volumes and favorable AUV, with management attributing the consolidated improvement to $17 million of volume growth and $10 million of AUV benefits compared with the prior-year quarter. Architectural Specialties contributed $15 million of incremental sales, while Mineral Fiber added $12 million.

On the mix within Architectural Specialties, the company cited a $10 million increase in organic net sales along with a $5 million inorganic contribution. In Mineral Fiber, the sales lift was fueled primarily by favorable AUV and improved volumes, reflecting steady commercial execution.

Armstrong’s Margins Hit by Tariff and Other CostsOperating income declined 4.4% year over year, and operating margin contracted to 23% from 25.7%, reflecting a combination of non-recurring costs and near-term pressures.

Management highlighted several specific headwinds, including higher expenses related to severance and cost reduction actions, acquisition costs associated with the Eventscape transaction, and a tariff adjustment. While adjusted EBITDA increased slightly year over year, the related margin fell to 31.7% from 33.6%, underscoring the cost and mix pressures that accompanied the strong sales growth.

AWI’s Mineral Fiber Delivers Solid ProfitabilityMineral Fiber results were steadier, with segment net sales rising 4.9% year over year to $257.2 million. The increase was driven by $10 million of favorable AUV, primarily from like-for-like price, and $2 million of higher sales volumes, which the company tied to solid commercial execution.

Despite higher manufacturing costs—driven by raw material and energy inflation as well as unfavorable inventory valuation impacts—the segment delivered year-over-year operating income growth to $85.5 million. Adjusted EBITDA climbed to $109 million, and adjusted EBITDA margin remained strong at 42.4%, supported in part by a modest lift in equity earnings from the Worthington Armstrong Venture (WAVE).

Armstrong’s Architectural Specialties Faces HeadwindsArchitectural Specialties delivered double-digit sales growth, with segment net sales up 11% year over year to $152.7 million. The company pointed to growth within its metal and wood categories and contributions from recent acquisitions as key drivers of the revenue gain.

Earnings performance, however, softened meaningfully. Segment operating income fell to $9.3 million from $14.8 million as non-recurring and discrete costs offset the benefit of higher organic net sales. Management called out a tariff-related manufacturing cost adjustment, Eventscape-related acquisition costs, and higher selling expenses tied to growth investments, all of which weighed on operating leverage during the quarter.

AWI’s Capital AllocationCapital allocation remained active in the quarter. AWI repurchased 0.3 million shares for $60 million at an average price of $176 per share, and it ended the period with $473 million remaining under its current repurchase authorization. On the balance sheet, the company reported cash and cash equivalents of $79.8 million at March 31, 2026, and total assets of $1.99 billion.

AWI Reaffirms 2026 OutlookFor 2026, AWI reaffirmed its outlook for net sales, adjusted EBITDA and adjusted free cash flow, while modestly raising its adjusted diluted earnings per share growth outlook on expectations for higher share repurchases. The company’s updated full-year guidance calls for net sales of $1.745-$1.785 billion, adjusted EBITDA of $600-$620 million, adjusted free cash flow of $375-$395 million and adjusted diluted earnings per share of $8.15-$8.45.

How Have Estimates Been Moving Since Then?It turns out, estimates review have trended downward during the past month.

VGM ScoresAt this time, Armstrong World Industries has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Charting a somewhat similar path, the stock has a score of C on the value side, putting it in the middle 20% for this investment strategy.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Armstrong World Industries has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerArmstrong World Industries is part of the Zacks Building Products - Miscellaneous industry. Over the past month, United Rentals (URI - Free Report) , a stock from the same industry, has gained 3.8%. The company reported its results for the quarter ended March 2026 more than a month ago.

United Rentals reported revenues of $3.99 billion in the last reported quarter, representing a year-over-year change of +7.2%. EPS of $9.71 for the same period compares with $8.86 a year ago.

United Rentals is expected to post earnings of $11.60 per share for the current quarter, representing a year-over-year change of +10.8%. Over the last 30 days, the Zacks Consensus Estimate has changed +0.1%.

United Rentals has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.

NEW YORK, June 02, 2026 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Armstrong World Industries, Inc. (“Armstrong” or the “Company”) (NYSE: AWI).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

The investigation concerns whether Armstrong and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

[Click here for information about joining the class action]

On February 24, 2026, Armstrong reported its fourth quarter and full-year 2025 financial results.  During the Company’s earnings call, Armstrong disclosed that “volumes in the quarter were softer than we expected” and that it “did not see the normal bounce back after reopening.”  Armstrong also discussed project timing issues in its Architectural Specialties segment, stating that “there were five good sized projects” that were delayed and that those projects “not only fell out of the quarter, they fell out of the year.”  The Company further stated that it “really did not have the operating leverage in the fourth quarter based on these project push outs” and described the impact as creating an “air pocket” in its results.  

On this news, Armstrong’s stock price fell $18.53 per share, or approximately 10%, to close at $174.30 per share on February 24, 2026.

Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.

Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: 
Danielle Peyton 
Pomerantz LLP 
[email protected] 
646-581-9980 ext. 7980 

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Armstrong World Industries, Inc. ("Armstrong" or "the Company") (NYSE: AWI) for violations of the securities laws.

The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Armstrong reported its Q4 and full-year 2025 financial results on February 24, 2026. The Company revealed during its earnings call that "volumes in the quarter were softer than we expected" and that it "did not see the normal bounce back after reopening." Based on this news, shares of Armstrong fell by about 10% on the same day.

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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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CONTACT:

The Schall Law Firm 
Brian Schall, Esq.
310-301-3335
[email protected]
www.schallfirm.com

SOURCE The Schall Law Firm

NEW YORK, June 11, 2026 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Armstrong World Industries, Inc. ("Armstrong" or the "Company") (NYSE: AWI).  Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext.