Architectural Segment Leads Armstrong Sales

Armstrong World Industries, Inc. had net sales of $282.6 million for the first quarter of 2022, an increase of 12.2 per cent over net sales of $251.9 million in the first quarter of 2021. Operating income for the quarter was $63.2 million, up 16.8 per cent over operating income of $54.1 million. This increase was primarily due to price over inflation gains and strong growth in the architectural specialties segment. Adjusted income before interest and taxes was $87 million in the first quarter, up 2.8 per cent over $85 million in the year-ago period. Net sales for the mineral fibre segment increased 7.7 per cent year-over-year and net sales for the architectural specialties segment increased 25.6 per cent.