Dixie Reports 3.5% Q1 Sales Decline, Earnings Loss of $1.6M
Dalton, GA, May 9, 2025- For Q1 2025, The Dixie Group had net sales of $63 million, a 3.5% decline compared to net sales of $65.3 million Q1 2024.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Fuse Names Four New Members: Imperial, Macco's, Mason & Tri-Co
Cypress, TX, May 9, 2025-Fuse Alliance, a member-owned commercial flooring network, is has announced the addition of four new members.
Live Ventures Sales Declined 2.2% in Q1, Earnings Increased
Las Vegas, NV, May 9, 2024—Live Ventures—a diversified holding company that owns Marquis Industries and Flooring Liquidators—announced Q1 2025 revenue of $107.0 million, a 2.2% decline compared to revenue of $118.6 million in the prior year period.
NTCA Names Three Firms to Earn Five-Star Accreditation in Q2
Jackson, MS, May 9, 2025—The National Tile Contractors Association (NTCA) announces the accreditation of three tile contracting firms into its Five-Star Accredited Contractor Program during Q2 2025.
TCNA Names Roger Klein Tile Person of the Year
Clemson, SC, May 9, 2025-Tile Council of North America (TCNA) presented its Tile Person of the Year award to Roger Klein at Coverings 2025 in Orlando, Florida.
TCNA Names Kephart to Lead TN Workforce Development Project
Clemson, SC, May 9, 2025—The Tile Council of North America (TCNA), in partnership with eight leading ceramic tile manufacturers based in Tennessee, is pleased to announce the appointment of Michael Kephart, president of Kephart Group, to lead their Tennessee Workforce Development Project—a strategic initiative aimed at strengthening the state’s ceramic tile manufacturing labor force.
Julian Saul Receives Dalton Area Distinguished Citizen Award
Dalton, GA, May 9, 2025—Julian Saul, former president of Queen Carpet and Shaw Industries, received the Greater Dalton Area Distinguished Citizen Award from Scouting America’s Northwest Georgia Council on May 1, reports the Dalton Citizen.
Fed Pauses on Rate Cut Due to Uncertainty of Tariffs
New York, NY, May 8, 2025-"The Federal Reserve warned that tariffs were raising risks of higher unemployment and higher inflation when officials unanimously agreed to hold interest rates steady on Wednesday,” reports the Wall Street Journal.
Dodge Momentum Index Rose 0.9% in April
Boston, MA, May 8, 2025-The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew 0.9% in April to 205.1 (2000=100) from the downwardly revised March reading of 203.1. Over the month, commercial planning grew 3.3% while institutional planning fell 4.2%.
Multifamily Builder Confidence Declined in Q1
Washington, DC, May 8, 2025-Confidence in the market for new multifamily housing declined year-over-year in Q1, according to the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The MMS produces two separate indices.