Armstrong World (AWI) Surges 64.3% in 6 Months: Here's Why

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 ...