Armstrong World Industries has released its first quarter results.
The company reported net sales down 6.5% from $590 million in 2014 to $551.4 million for the first quarter this year; Armstrong's operating income is down 33.5% from $53.8 million in 2014 to $35.8 million this year and a 78.8% change in diluted earnings per share from $0.33 in 2014 to $0.07.