Shaw Names Nina LoCicero VP of Marketing for Residential
Dalton, GA, May 19, 2021-Shaw Industries has announced that Nina LoCicero recently joined the company’s residential division as vice president of marketing and digital commerce.
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.
Lowe's Sales Up 24% in Q1, Earnings Up 77%
Mooresville, NC, May 19, 2021—Lowe's reported net sales for Q1 2021 of $24.4 billion, a 24% increase compared to sales of $19.7 billion in Q1 2020.
Interface Announces Quarterly Dividend
Atlanta, GA, May 19, 2021—Interface’s board of directors has declared a regular quarterly cash dividend of $0.01 per share, payable June 18, 2021 to shareholders of record as of June 4, 2021.
Coverings Announces Education Lineup for 2021 Event
Arlington, VA, May 19, 2021—Coverings has announced a lineup of sessions, some offering Continuing Education Units (CEUs), for Coverings 2021.
Välinge Flooring Launching in France
Viken, Sweden, May 19, 2021-After launches in the U.S. and Asia, Välinge Flooring will now launch in France-taking its wood floors into the European market for the first time.
Dixie Group Q1 Sales Up 7.1%
Dalton, GA, May 18, 2021-The Dixie Group reported net sales of $86.3 million for Q1 2021, an increase of 7.1% compared to $80.6 million in Q1 2020.
Home Depot Sales Rose 32.7%, Earnings Rose 84.6% in Q1
Atlanta, GA, May 18, 2021—The Home Depot reported sales of $37.5 billion for Q1 2021, an increase of 32.7% from Q1 2020’s $28.3 billion.
Milliken Announces Price Increase on Soft Surface & Resilient
Spartanburg, SC, May 18, 2021—Milliken will initiate a 4% to 8% price increase for its commercial soft surface flooring and an increase of 10% to 12% for resilient flooring to take effect June 15.
April Housing Starts Slid 9.5% from March but Rose 67.3% YOY
Washington, DC, May 18, 2021—Privately-owned housing starts in April were at a seasonally adjusted annual rate of 1,569,000, 9.5% below the revised March estimate of 1,733,000 but 67.3% above the April 2020 rate of 938,000, according to the U.S. Census Bureau.
Mannington & BPI End Distribution Relationship
Memphis, TN, May 18, 2021—BPI and Mannington will part ways.