and line. to Greg, everyone you, morning the on good Thank
various of Before want highlights I Greg recently begin the of a pandemic, to business the confident provide Greg C-suite times. were to activity, public unprecedented these to actions implemented advisor team. announced virus At saw CFO other with quarter. We're execution and our pleased our and perspective our formally and highlights Flooring leadership insight across minimize which that, of will great strategy extensive into experience. strict Interim shelter-in-place take the I comes excited to challenging Waina, I'm an interim moment to has operating quarter many I focus work He introduce our with CFO. operating execution With to the during business orders performance, that identify second now spread the plan we finance, and as the Armstrong appoint the our have a served and the second and Board a to as CFO. valued permanent discussion COVID-XX on reflects will Greg transformation, companies for I'm he of on our beginning environment as globe. we our dive strategic first on Overall,
quarter During near-term demand our that safety, demand overcome products, dynamics happy to report top efficiency that performance in performance so shelter-in-place exceeded scenarios. as our quarter, we operational were shifted flooring prioritizing expectation the entered improved our initial This lifted depressed part our we for this economy throughout the second focus critical and at flexibility leading the reopened prepare were in month-over-month recovery We business to unpredictable financial this line many could to We time, the is of in expectation. hand. quarter to that with due had markets. multiple market across to orders
the part In from will further of addition, to benefits actions beginning of some in initial shortly. the long-term we strategic are introduced as which roadmap I detail back our see we March,
we Importantly, focused all employees I of reiterate wellbeing the and health like stakeholders. and to would our on that of remain
been the operate quarter, able we that pandemic. to industries and fortunate last we As have of serving mentioned are the customers we in most throughout continue and our central
quarter, second in expected performed business the During better every segment. than
the in While while from mainly North the line across under were top to perspective, impact due quarter. positive we a April, year-over-year for volumes, to to category. We EBITDA experienced pricing clearly a American this pressure significant lower encouraged particularly our record we achieved
control processes to simplify initial our Fortunately, all circumstances efforts favorable cost considered. productivity through achieve our results us with and to enhanced helped
witnessed trends North America, in country. markets, progressed as the the we our at several economies reopened Looking in quarters encouraging across
to earlier as primarily engaging, in internal across the of efforts continue construction, as engagement new our gain board. This and customers the from homebuilders side residential they some we On momentum. most well from outperformance resulted in from the particularly year, saw
repair and side. remodel the On
On to where remodel home. label remained motivation and the are continue have spending some much have These largely they our unscathed perhaps throughout available additional to at more now open businesses serve private given pandemic. the time center and business, products operated have to we branded homeowners who
On hoped. the and yet able end-markets, more on normal contractors contrary, have activities independent as retailers perspective. experience would these opportunities more large smaller recovery quickly our commercial cases, our in from smaller as our resume fully to limited, retailers independent been we bit have have of many prolonged not In
Furthermore, seeing and to continuing we ebbs country. Looking of the the but education healthcare spots, of market are projects and and other evolve in is country across to many at activity. slow delayed believe are bright that is important note flow due to the commercial industries, are some it recovery the side, primarily conditions parts
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has our a which footprint, portion Asia, small recovered quickly. represents relatively business of
are to fortunately COVID-related see are have from impact material some still we we there a yet impact. to chain our the challenges However, working although supply through,
leaner, roadmap a and to company. profitable to operations to growing prior the pandemic, become more introduced Just modernize COVID-XX transform we faster and strategic a our
the multiyear As our a strengthen expand, three is plan with and reminder, to objectives simplify critical a business. this
inception As intensive term we initiatives. since on and To part product plan, less and plan, what of portfolio, a footprint. to we residential customers, our of said, commercial this been rebalancing near enacted possible, were reintroducing this capital emphasis products extent our reengaging exactly we're we every have do with innovative with the transforming going
reputation our our reach, our from product Armstrong new in progress the In our MedinPure financing have customer with financial facility, our and a the the provider amended flexibility significant make goals. Now expanding launch of been term-loan, with recently to relationship encouraging; becoming to more response Flooring non-PVC sheet service have regards right these and we new the a credit customers. on is better rebuilding
customer been has centric received. new well operating model Our
We down. us has have and to more able with the customers to virtual shift not effectively been slowed engage differently and interaction
we quickly train, adapted I'm in our our have ability way in to in way we outperform perspective. service confident We a engage. markets from the the
connected technology. with decision in of have leveraging thousands industry We commercial makers the
national directly. start As the servicing flooring planned, association we
also results the part them more We and that with well a long with relationship distributors return. obtained virtual top we forms Establishing associates have when our sales expect our term. mind on local help to remain customers is over substantially strengthen our strategy building to customers critical of and retail and contribute for of up-sell
much corporate of the mixed-use corporate to premier We're simplification also Greenfield, our move fitted our the structure. relocation cost during space, a which lower offices benefits of with will our the located side, headquarters On to we a the vibrant quarter, company, size Lancaster, for park Pennsylvania. in announced ultimately the to better is provide the of excited us
is the is move current achieve on fact, approximately occur of summer help track from savings to this In to our in Lancaster. in XX% expected us XXXX. It headquarter lease
facility discussed noncore last quarter, prior in to onset assets, Gate we California. the began our As the South monetization as we portfolio of such plant pandemic, assessing
as strength adapt with in that assessment our of to expect potential, update that to asset necessary. These our this further coming for of property noncore made into of additional production examples We that unprecedented sole estimate The total moderation represent to quarter. to of to proud value this work-from-home California while on and in production out the us continues and our global provide plant provide of our engagement We're most progress facilities have transitioning in efforts ability permanent our we the team's progress environment, several we the continuing with business. on enhancements market are strong pandemic, during which customers. our comfort the
finding key creative influencers in staying increasingly the ways are in be space. to teams to Our flooring relevant
the We to that, you on on the liquidity. our will I now our continue updates performance strategic additional With Greg provide on to will turn progress make provide and we to updates financial call roadmap.
