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Armstrong Reports 3Q Earnings

Armstrong Flooring reported a decrease in net sales for the third quarter, primarily due to lower sales volumes related to COVID-19 pandemic-related business disruptions. Postponed commercial projects and slower activity at independent customer retail locations, partly offset by increased activity in home centers and other residential channels, affected quarterly results, the company said. 

The company reported a 5.4% decrease in net sales for the third quarter of 2020, ending September 30, 2020, to $156.6 million from $165.6 million in the third quarter of 2019. 

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