Armstrong World Industries Q3 net sales $347M, EPS $1.56, raises FY guidance

ARMSTRONG WORLD INDUSTRIES INC

2023-Q3 EPS reported $3.93 revenue$982,900,000

Q3 net sales $347.3M (+6.9% YoY); diluted EPS from cont. ops $1.56 (+32% YoY); adjusted diluted EPS $1.60 (+17.6%).
Adjusted EBITDA $125M (+19.4%) with 380bps margin expansion to 36.0%; both segments contributed.
Mineral Fiber net sales $249.7M (+6.8%) on favorable AUV; Architectural Specialties net sales $97.6M (+6.9%) led by metal products.
Full-year 2023 guidance raised: adj. EBITDA $418-$426M; adj. diluted EPS $5.05-$5.15; adj. free cash flow $245-$255M.
Returned over $130M to shareholders YTD via buybacks and dividends; $752M remaining under share repurchase program.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.