LANCASTER, Pa. -- Armstrong Holdings Inc. has reported declines in first quarter 2002 net sales and earnings. Net sales for the year’s first quarter came in at $747.6 million, approximately 4% lower than the $779.9 million logged in comparable year-earlier.
Earnings from continuing operations for the first quarter of 2002 were $21.9 million, or 54 cents per diluted share, as compared to $25.2 million, or 62 cents per diluted share for the first quarter of 2001.