Stifel Offers Insight on Mohawk's Performance
St. Louis, MO, February 13, 2017—Analyst Stifel released its analysis of Mohawk, following the company’s release of its FY earnings last week.
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.
Details of Cevisama 2017 Announced
Valencia, Spain, February 13, 2017—Cevisama 2017 runs from February 20 to 24 at Feria Valencia in Valencia, Spain.
Mohawk Revenue Up 9.2% in Q4, Up 11% for 2016 to $8.96 Billion
Calhoun, GA, February 10, 2017— Mohawk’s Q4 2016 revenue rose 9.2%, and its annual income for 2016 rose 11% to $8.96 billion.
Consumer Sentiment Fell 2.8% in Early February
Ann Arbor, MI, February 10, 2017—Consumer sentiment fell 2.8% in early February to 95.7, according to preliminary results by the University of Michigan Survey of Consumers.
Abbey's Convention Underway in Atlanta
Atlanta, GA, February 9, 2017—Abbey Carpet & Floor is currently holding its convention in Atlanta, Georgia.
Mike Ericsson Named Board President of Flooring Association NW
Bellevue, WA, February 10, 2017—Mike Ericson, architectural representative for Daltile, was named as the 2017 board president of Flooring Association Northwest.
Quick-Step Launches "Blogger Challenge"
Dallas, TX, February 10, 2017--Quick-Step challenged four design bloggers to “totally transform” one room in their home using Quick-Step flooring as one of the key design changes.
Myers Carpet of Dalton Celebrating 60 Years of Business
Dalton, GA, February 9, 2017—In July 2017, Myers Carpet of Dalton, Georgia will be celebrating its 60th year in business.
Merchant Wholesaler Sales Rose 2.6% in December
Washington, DC, February 9, 2017—December 2016 sales of merchant wholesalers were $464.9 billion, up 2.6% from the revised November level and were up 6.8% from the December 2015 level, according to the U.S. Census Bureau.
Brintons Reports 81% Earnings Increase YOY
Atlanta, GA, February 9, 2017—Axminster carpet manufacturer Brintons Carpets Limited is reporting an 81% increase in year-over-year earnings (EBITDA) from £8.0m to £14.5m (equivalent to $9.9 million to $17.9 million at today’s exchange rate) with a margin of 16.3%.