Today's Flooring News

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Dixie Posts 12.7% YOY Increase in Q1

Dixie Posts 12.7% YOY Increase in Q1

Chattanooga, TN, April 29, 2015—The Dixie Group, Inc. has reported sales of $95,855,000 and a loss from continuing operations of $2,380,000, or $0.15 per share for the first quarter of 2015 ended March 28.

Home Ownership Slips but Household Formation Rises

Home Ownership Slips but Household Formation Rises

Washington, DC, April 29, 2015—U.S. homeownership slipped in the first quarter, but strong gains in the pace at which Americans are setting up homes supported the view that the housing sector will boost economic growth this year, reports Reuters.