Armstrong World (AWI) Q1 Earnings & Net Sales Top, '24 View Up

Armstrong World Industries, Inc. (AWI) reported splendid results for first-quarter 2024, wherein earnings and net sales topped the Zacks Consensus Estimate and increased on a year-over-year basis.The company’s growth trend was backed by solid contributions from the Mineral Fiber as well as Architectural Specialties segments. The growth was attributable to the increase in average unit value (AUV), driven by favorable pricing and mix. Also, contributions from recent acquisitions aided the uptrend. This was re ...