Quarterly ResultJul 28, 2026, 06:08 AM
Armstrong World Q2 Net Sales Up 11.2%; Raises 2026 Guidance
AI Summary
Armstrong World Industries reported record second-quarter 2026 financial results, with net sales increasing 11.2% to $472.0 million and diluted net earnings per share rising 12.4% to $2.26. The company also announced an increase of $800 million to its share repurchase authorization, extending it through December 2029. Following strong performance, AWI raised the midpoints of its full-year 2026 guidance across all key metrics, including net sales, adjusted EBITDA, and adjusted diluted EPS.
Key Highlights
- Share repurchase authorization increased by $800 million, extended through December 2029.
- Q2 2026 Net Sales increased 11.2% to $472.0 million.
- Q2 2026 Diluted Net Earnings Per Share rose 12.4% to $2.26.
- Q2 2026 Adjusted EBITDA grew 7.5% to $166 million.
- Mineral Fiber net sales increased 7.9% to $288.2 million.
- Architectural Specialties net sales increased 16.6% to $183.8 million.
- Full-year 2026 Net Sales guidance raised to $1.77 billion - $1.80 billion.
- Full-year 2026 Adjusted Diluted EPS guidance raised to $8.30 - $8.50.
Price Impact
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