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NEW YORK -On Tuesday, Armstrong World Industries, Inc. (NYSE:AWI) reported first-quarter 2025 results that exceeded analyst estimates, driven by strong sales growth and margin expansion. The company also reaffirmed its full-year 2025 guidance.
The company’s shares edged up 0.70% in premarket trading following the earnings release.
The Lancaster, Pennsylvania-based manufacturer of interior and exterior architectural applications posted adjusted earnings per share of $1.66, beating the consensus estimate of $1.53. Revenue rose 17.3% YoY to $382.7 million, surpassing expectations of $370.7 million.
"We delivered a solid start to 2025 with double-digit net sales and earnings growth featuring strong Mineral Fiber AUV performance, manufacturing productivity and the benefits of both organic Architectural Specialties growth and sizable contributions from our 2024 acquisitions," said AWI President and CEO, Vic Grizzle.
The Mineral Fiber segment saw net sales increase 2.3% to $245.1 million, while Architectural Specialties segment sales jumped 58.7% to $137.6 million, boosted by acquisitions.
Armstrong World Industries maintained its full-year 2025 outlook, projecting adjusted EPS of $6.85-$7.15 on revenue of $1.57-1.61 billion. This compares to analyst expectations of $6.97 EPS and $1.59 billion in revenue.
AWI CFO Chris Calzaretta noted, "Looking forward, we now expect a softer market environment in the second half of 2025. Despite these headwinds, we expect to drive margin expansion by focusing on cost controls and generating AUV growth and manufacturing productivity."
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