
Armstrong World Industries is reiterated as a buy, driven by positive Mineral Fiber volume, robust Architectural Specialties growth, and improving office activity. Q2 revenue rose 11.2% y/y to $472M, with management raising FY2026 revenue guidance to $1.77–$1.80B, though margin pressure persists from recent acquisitions. Growth initiatives like Kanopi and ProjectWorks are gaining traction, targeting above-market Mineral Fiber volume and earlier project specification to boost win rates.










