Interface Sales Up 2.6% in Q1, Earnings Down 8.3%
Atlanta, GA, May 5, 2025-Interface’s Q1 2025 net sales totaled $297 million, a 2.6% year-over-year increase from Q1 2024’s $290 million.
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.
Buffett to Step Down as CEO of Berkshire Hathaway at Year's End
Omaha, NE, May 5, 2025—Warren Buffett said Saturday he plans to step down as Berkshire Hathaway CEO at the end of this year, and that he will recommend Greg Abel succeed him, reports Yahoo Finance.
HD Expo Begins Today in Las Vegas
Las Vegas, NV, May 5, 2025—HD Expo begins today in Las Vegas, Nevada, running through May 8.
Stump Reports on Spring 2025 High Point Market Activity
Charlotte, NC, May 2, 2025—Stump issued the following report about the spring 2025 High Point Market,
NTCA Names '25 Five-Star Contractor Project of the Year Winners
Jackson, MS, May 2, 2025—The National Tile Contractors Association (NTCA) has announced the winners of the 2025 NTCA Five-Star Contractor Project of the Year Awards during a special ceremony at Coverings on May 1.
Orders for Manufactured Goods Rose 4.3% in March
Washington, DC, May 2, 2025—New orders for manufactured goods in March, up three consecutive months, increased $25.7 billion or 4.3% to $618.8 billion, the U.S. Census Bureau reported.
RFCI Announces 2025 Board Leaders
Palmetto Bluff, SC, May 2, 2025—At its recent meeting, the Resilient Floor Covering Institute announced its 2025 board.
Employment Rose by 177,000 Jobs in April, Unemployment Flat
Washington, DC, May 2, 2025—Total nonfarm payroll employment increased by 177,000 in April, and the unemployment rate was unchanged at 4.2%, the U.S. Bureau of Labor Statistics reported.
Ken Sherwood, VP of Franchise Development for Abbey, Has Died
Trabuco Canyon, CA, May 2, 2025-Ken Sherwood, vice president of franchise development for Abbey Carpet & Floor, died of a heart attack on April 29.
Construction Spending Declined 0.5% in March
Washington, DC, May 1, 2025—Construction spending during March 2025 was estimated at a seasonally adjusted annual rate of $2,196.1 billion, 0.5% below the revised February estimate of $2,206.9 billion, according to the U.S. Census Bureau.