Floor & Décor Comp. Sales Up 31.1% YOY in Q1, Income Up 104.5%
Atlanta, GA, May 7, 2021-Floor & Décor reports that Q1 2021 net sales increased 41.0% to $782.5 million from $554.9 million in Q1 2020. Comparable store sales increased 31.1%.
Today's Flooring News
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NWFA Provides Flooring for 55th R.I.S.E. Home
St. Louis, MO, May 7, 2021—The National Wood Flooring Association (NWFA) has provided flooring for its 55th home in support of the Gary Sinise Foundation R.I.S.E. program (Restoring Independence Supporting Empowerment).
Aquafil Partners with Material Bank
Cartersville, GA, May 7, 2021-Aquafil, maker of Econyl regenerated nylon, is now featured on Material Bank, a material marketplace for the architecture and design industry.
LL Flooring Reports Sales Increased, Income Decreased in Q1
Richmond, VA, May 6, 2021-LL Flooring (formerly Lumber Liquidators) reported net sales of $283.5 million for Q1 2021, a 6.0% increase from Q1 2020’s $267.4 million.
Interface Alters its Earnings Reporting
Atlanta, GA, May 6, 2021—Interface has expanded its financial reporting into two reportable segments, Americas (AMS) and Europe, Africa, Asia, and Australia (EAAA).
Federal Judge Overturns National Eviction Moratorium
Washington, DC, May 6, 2021-A federal judge threw out a national eviction moratorium Wednesday after concluding it was legally unsupportable, upending a Covid-19 relief measure that has protected millions of tenants but created hardships for landlords, reports the Wall Street Journal.
Nisbet Named VP of Marketing for Swiff-Train
Houston, TX, May 6, 2021-Swiff-Train Company (STC) announces the promotion of Lindsey Nisbet into the role of vice president of marketing – STC.
Initial Jobless Claims Fell to 13-Month Low in Last Week of April
Washington, DC, May 6, 2021—In the week ending May 1, the advance figure for seasonally adjusted initial claims was 498,000, a decrease of 92,000 from the previous week's revised level, according to the Department of Labor.
Productivity Rose 5.4% in Q1
Washington, DC, May 6, 2021—Nonfarm business sector labor productivity increased 5.4% in Q1 2021, the U.S. Bureau of Labor Statistics reported, as output increased 8.4% and hours worked increased 2.9%.
Fire Destroys Carpet and Rug, Inc. Facility in Dalton
Dalton, GA, May 6, 2021. — A fire broke out on May 5 at 219 West Avenue in Dalton, according to II Alive.