Mohawk Reports Decline in Earnings for Q3 & First Nine Months
Calhoun, GA, October 25, 2019-Mohawk has announced year over year (YOY) net earnings decline of 31.5% for Q3 2019. Net sales for the quarter fell 1.0% YOY.
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Consumer Sentiment Closes October Up 2.5%
Ann Arbor, MI, October 25, 2019—Consumer sentiment rose 2.5% to 95.5 in October, according to final results from the University of Michigan Survey of Consumers.
Interface Grew Sales and Earnings in Q3
Atlanta, GA, October 25, 2019-Interface has reported a Q3 net sales increase of 9% year over year (YOY).
Domotex USA Partnering with ASID for Education Programming
Chicago, IL, October 25, 2019—Hannover Fairs USA, the organizer of Domotex USA, has announced that the American Society of Interior Designers has entered into a partnership with HFUSA to develop and host six continuing education unit educational sessions during the second annual Domotex USA trade show.
Ceramics of Italy Names Winners of Cersaie Young Distributor Program
New York, NY, October 25, 2019—Ceramics of Italy is pleased to announce the successful first edition of the Cersaie Young Distributor Program.
Architectural Billings Improved but Below 50 in September
Washington, DC, October 24, 2019-The Architecture Billings Index (ABI) score in September is 49.7, which improved from the August score of 47.2, according to the American Institute of Architects (AIA). However, any score below 50 indicates a decrease in billings.
The Tile Shop's Sales & Earnings Fell in Q3
Minneapolis, MN, October 24, 2019—The Tile Shop reported a Q3 net sales decrease of 3.7% year over year.
Sept. New Home Sales Slipped from Aug. Rates but Rose 15.5% YOY
Washington, DC, October 24, 2019—Sales of new single-family houses in September 2019 were at a seasonally adjusted annual rate of 701,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 0.7% below the revised August rate of 706,000 but 15.5% above the September 2018 estimate of 607,000.
Dixie Group Completes Sale of Santa Ana Facility
Dalton, GA, October 24, 2019—The Dixie Group has reported the sale of its Susan Street facility, and approximately ten acres of surrounding property located in Santa Ana, California to the CenterPoint Properties Trust for a net purchase price of approximately $37.2 million.
Orders for Manufactured Good Fell 1.1% in September
Washington, DC, October 24, 2019—New orders for manufactured durable goods in September decreased $2.8 billion or 1.1% to $248.2 billion, the U.S. Census Bureau announced.