Lower Volume Impacts Armstrong Sales

Armstrong World Industries, Inc., a manufacturer of commercial and residential ceiling, wall, and suspension system solutions, saw its net sales decrease compared to the prior year in the third quarter of 2020. The decline was driven by lower volume in both the mineral fibre and architectural specialties segments as a result of lower market demand due to COVID-19. Its net sales fell 14.3 per cent to $187.3 million from $218.6 million last year.