Floor & Décor Sales Rose 9.1% in Q1, Earnings Up 0.8%
Atlanta, GA, May 8, 2023—Floor & Décor reported a net sales increase of 9.1% to $1,122.1 million in Q1 2023, compared to $1,028.7 million in Q1 2022.
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.
Bob Hill of Floor Covering Associates Has Died
Chicago, IL, May 8, 2023--Robert (Bob) Hill, 86, founder and chairman of Floor Covering Associates (FCA), has died.
Universal Fibers Expands Offering to Include White Dyeable 6,6
Bristol, Virginia, May 8, 2023-Universal Fibers introduced a new solution for carpet manufacturing customers: "Natural" polyamide 6,6 (PA6,6) and polyamide 6 (PA6) yarn. This yarn is white dyeable.
Milliken's Lee Blair Named a 2023 NEWH ICON of Industry
Spartanburg, SC, May 8, 2023—Lee Blair, vice president of hospitality and commercial Americas for Milliken’s Floor Covering Business, is the 2023 recipient of NEWH’s ICON of Industry Award for 2023. NEWH is the hospitality industry network.
Interface Sales Up 2.7% for Q1
Atlanta, GA, May 5, 2023—Interface reported net sales of $295.8 million for Q1 2023, up 2.7% over Q1 2022’s $288 million.
Dixie Group's Q1 Sales Declined 13.5%
Dalton, GA, May 5, 2023-The Dixie Group reported net sales of $67.1 million for Q1 2023, a 13.5% decline compared to sales of $77.6 million in Q1 2022.
Dodge Momentum Index Declined 5.1% in April to 180.9
Hamilton, NJ, May 5, 2023—The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 5.1% in April to 180.9 from the revised March reading of 190.6. In April, the commercial component of the DMI fell 8.0%, and the institutional component improved 0.3%.
Rasa Floors & Martin Greenbaum Company Merge
Carrollton, TX, May 5, 2023—Rasa Floors has merged with Martin Greenbaum Company (MGC), bringing together two providers of flooring installation services.
Mannington Joins Vinyl Sustainability Council
Washington, DC, May 5, 2023-The Vinyl Sustainability Council (VSC), a self-funded business council advancing sustainability in the vinyl industry, welcomed Mannington Mills as the council's newest member.
Nonfarm Employment Up by 236,000, Unemployment Steady at 3.5%
Washington, DC, May 5, 2023—Total nonfarm payroll employment rose by 236,000 in March, and the unemployment rate changed little at 3.5%, the U.S. Bureau of Labor Statistics reported.