Armstrong Exhibit 99.1 Armstrong World Industries Reports Record-Setting First-Quarter 2024 Results • Net sales up 5% with mid-single digit growth in both Mineral Fiber and Architectural Specialties segments versus the prior-year period • Operating income increased 23% and diluted net earnings per share increased 31% versus the prior-year period • Adjusted EBITDA up 16% and adjusted diluted net earnings per share up 23% versus the prioryear period • Recently announced acquisition of 3form, LLC to expand Arc ...

Armstrong World Industries, Inc. (AWI) has been benefiting from an increase in average unit value (AUV) driven by favorable pricing and volumes. Contributions from recent acquisitions, digital initiatives and new product launches are encouraging.Markedly, the company’s fourth-quarter 2023 results showcased solid contributions from the Mineral Fiber as well as Architectural Specialties segments despite soft market conditions. The growth was attributable to the increase in AUV, driven by favorable pricing and ...

CRH plc (CRH) expands its market reach in Northern California by acquiring BoDean Company Inc. and Northgate Ready Mix, LLC in Santa Rosa, CA.The two newly acquired companies are considered under CRH’s Materials Solutions business, thus marking the business’ debut in California. Furthermore, the acquired companies complement the Materials Solutions’ business profile in the Western United States. These acquisitions add diversity to the company’s product portfolio with two aggregates quarries, two ready-mixed ...

There continues to be an abundance of opportunity in the Zacks Construction sector which currently boasts 15 stocks on the coveted Zacks Rank #1 (Strong Buy) list.Benefiting from strong business industries, here are three of these highly ranked construction sector stocks that were added to the strong buy list over the last few weeks.Comfort Systems USA (FIX) Comfort Systems USA belongs to the Zacks Building Products-Air Conditioner and Heating Industry which is currently in the top 2% of over 250 Zacks indu ...

The U.S. Census Bureau recently reported slightly lower Construction spending in February from January’s revised reading. The metric declined 0.3% month over month and missed analysts’ expectations of 0.7% due to weaknesses in non-residential and public projects.Nonetheless, the reported metric rose 10.7% from the February 2023 reading. Defying a decline in outlays on public projects, improved residential market, increased repair and remodeling activities, higher infrastructure investments and the Federal G ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Armstrong World Industries (AWI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Armstrong World Industries is one of 98 companies in th ...

It has been about a month since the last earnings report for Armstrong World Industries (AWI) . Shares have added about 3.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Armstrong World Industries due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Armstrong Worl ...

The month of February saw blistering growth in U.S. housing amid concerns surrounding rising raw material prices.U.S. home construction surged in February, marking a significant rebound from weather-related setbacks seen earlier in the year. This resurgence is particularly beneficial for homebuilding companies, driven by factors comprising slightly more favorable mortgage rates and a shortage of existing houses for sale.Despite challenges posed by higher mortgage rates, builders are adapting by implementing ...

The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Armstrong World Industries (AWI) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Construction sector should help us answer this question.Armstrong World Industries is one of 98 companies in the Construction group. The Construction group currently sits at #1 within the Zacks Sector Rank. Th ...

One stock that might be an intriguing choice for investors right now is Armstrong World Industries, Inc. (AWI) . This is because this security in the Building Products – Miscellaneous space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguab ...