Dixie Posts Q4 Net Sales Decline of 21%, Net Loss of $18.5M
Dalton, GA, March 2, 2023— The Dixie Group reported Q4 2022 net sales were $70.5 million, a 21% decline compared to sales of $89.2 million in Q4 2021.
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.
TISE 2023 Attendance Up 67% Over 2022 Event
Dallas, TX, March 2, 2023-The International Surface Event (TISE): Surfaces | StonExpo | TileExpo, held on Las Vegas January 31 to February 2, experienced a 67% increase in attendance over the 2022 event with double-digit increases again over events going as far back as before 2019.
Mohawk Holds Final Momentum Roadshow Event in Calhoun
Calhoun, GA, March 1, 2023--Mohawk wrapped up its Momentum Roadshow with visits to its showroom and select mills in Calhoun and Dalton, Georgia yesterday.
Productivity Rose 1.7% in Q4, Output Up 3.1%
Washington, DC, March 2, 2023-Nonfarm business sector labor productivity increased 1.7% in Q4 2022, the U.S. Bureau of Labor Statistics reported, as output increased 3.1% and hours worked increased 1.4%.
Homeownership Rate Up, But Black Americans Have Not Kept Pace
Washington, DC, March 2, 2023—While the U.S. homeownership rate has continually increased during the last decade—to 65.5% in 2021 (from 64.7% in 2011)—the Black homeownership rate has not kept pace with increases of other racial groups.
Initial Jobless Claims Down by 3,000 in Week Ending Feb. 18
Washington, DC, March 2, 2023—In the week ending February 18, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 3,000 from the previous week's revised level, according to the Department of Labor.
Shaw's Ingrid Redmon Named a 2023 MAKE Awards Honoree
Dalton, GA, March 2, 2023— The Manufacturing Institute—the workforce development and education partner of the National Association of Manufacturers—announced that Shaw Industries’ Ingrid Redmon, director of project management, has been named a 2023 Women MAKE Awards Honoree.
I4F Names Julie Pageot Commercial Director for Europe
Hamont, Belgium, March 2, 2023—I4F, a group of companies providing patents and technologies to the flooring industry, announced that Julie Pageot assumes the role of commercial director for Europe for I4F.
Starnet Forms Partnership with Oxley Group
Columbus, OH, March 2, 2023—The Oxley Group announced its new partnership with Starnet as a preferred service provider.
LL Flooring Sales Declined 7.5% in Q4, $15.1M Loss Posted
Roanoke, VA, March 1, 2023—LL Flooring, formerly Lumber Liquidators, has announced net sales of $263.9 million for Q4 2022, a 7.5% decline compared to Q4 2021’s $285.3 million. Total comparable store sales decreased 9.5% versus the same period last year.