Armstrong Flooring losses “expected”

LANCASTER, Pa. — Armstrong Flooring sustained a $7.8 million loss in Q1, 28 cents per share or 13 cents adjusted for one-time costs. CEO Don Maier noted that earnings “were below prior year as expected as net sales and adjusted EBITDA largely reflected the timing of load-in and promotional activity” in Q1 of 2016. Total revenues amounted to $265.2 million for the quarter.