Quarterly ResultApr 28, 2026, 06:17 AM
AWI Q1 Net Sales $409.9M (+7.1%); Adj. EPS $1.69 (+1.8%); Raises FY26 Adj. EPS Guidance
AI Summary
Armstrong World Industries reported Q1 2026 net sales of $409.9 million, up 7.1% year-over-year, driven by growth in both Mineral Fiber and Architectural Specialties. Adjusted EBITDA increased 0.8% to $130 million, and adjusted diluted EPS rose 1.8% to $1.69. Operating income decreased 4.4% due to non-recurring costs. The company reaffirmed its 2026 guidance for Net Sales, Adjusted EBITDA, and Adjusted Free Cash Flow, while raising its Adjusted Diluted EPS guidance to 10-14% growth. AWI also repurchased $60 million in common stock.
Key Highlights
- Net Sales increased 7.1% to $409.9 million in Q1 2026.
- Adjusted Diluted EPS rose 1.8% to $1.69.
- Adjusted EBITDA increased 0.8% to $130 million.
- Mineral Fiber net sales grew 4.9% to $257.2 million.
- Architectural Specialties net sales increased 11.0% to $152.7 million.
- Company repurchased $60 million of common stock in Q1 2026.
- Raised 2026 Adjusted Diluted EPS guidance to 10-14% growth.