WarmlyYours Q1 Sales Up 5.4%, Buoyed by Electric Floor Heating
Lake Zurich, IL, May 16, 2017-WarmlyYours Radiant Heating released its “2017 First Quarter Industry Report” earlier this week, which reported that the first quarter of 2017 showed a 5.3% increase in total consolidated sales of WarmlyYours products and a 5.2% increase in electric floor heating, the company’s flagship product line.
This growth can largely be attributed to a sizable increase in orders with an online origin.
According to the report, the first quarter of 2017 saw a 13.5% increase in the number of online orders and a 12.4% increase in the amount spent on online orders, when compared to prior-year-period.
The report identified two primary causes for this shift in consumer behavior: increasing remodeling activity at the national level and significant developments to the WarmlyYours website.