LANCASTER, PA --
Armstrong World Industries reported wood flooring net sales of $119.8 million in the third quarter of 2010, down 14 percent compared to $140.1 million in the prior year's quarter. Cabinetry net sales of $34.9 million were 9 percent below sales of $38.2 million in 2009, due to less volume and a less profitable product mix. In wood flooring, 2010 included $10.5 million of fixed asset write downs and severance charges related to the closure of two manufacturing facilities.
Overall, Armstrong World Industries reported 3Q 2010 net sales of $739.8 million, down 2 percent, from $753.0 million in the same period for 2009. Excluding a $12 million, or 2 percent, impact of foreign exchange rates, sales were flat. Armstrong, which manufactures floors, ceilings and cabinets, reported operating income was $45.0 million compared to $44.0 million in the third quarter of 2009. Adjusted operating income of $83.3 million increased compared to $79.3 million on the same basis.
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