Bentley Owner Belysse Reports Q3 Revenue Down 19.2%, EBITDA Up 1.1%
Waregem, Belgium, October 26, 2023-Belysse-owner of Bentley, Modulyss, ITC and Arc Edition-reported Q3 consolidated group revenue of €73.6 million, down 19.2% year over year.
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.
Initial Jobless Claims Rose by 10,000 in Week Ending October 21
Washington, DC, October 26, 2023—In the week ending October 21, the advance figure for seasonally adjusted initial claims was 210,000, an increase of 10,000 from the previous week's revised level, reports the Department of Labor.
New Home Sales Up 33.9% YOY in September
Washington, DC, October 25, 2023—Sales of new single-family houses in September 2023 were at a seasonally adjusted annual rate of 759,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development,12.3% above the revised August rate of 676,000 and 33.9% above the September 2022 estimate of 567,000.
Install Announces Winners of 2023 Drywall & Flooring Olympics
Washington, DC, October 25, 2023—Install, the North American leader in floorcovering installation training and certification, announces the winners of its 2023 Drywall & Flooring Olympics.
Milliken Invests in Orak, Carpet Maintenance & Floor Reuse Company
Spartanburg, SC, October 25, 2023-Milliken & Company has invested in Orak, a Paris-based carpet maintenance and flooring reuse company, as a strategic sustainability enabler for its floorcovering business.
Mortgage Applications Declined 1% in Week Ending October 20
Washington, DC, October 25, 2023—Mortgage applications decreased 1.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 20, 2023.
Tarkett's Q3 Sales Down 2.1%, 9.2% Decline in North America Business
Paris, FR, October 24, 2023—Tarkett announced sales of €984.3 million for Q3 2023, a decline of 2.1% from Q3 2022’s $1.0054 billion.
RFCI Meeting Underway Now in Florida, Taylor Becomes Member
Sarasota, FL, October 24, 2023—The Resilient Floor Covering Institute fall 2023 meeting is underway now in Sarasota, Florida, running through October 25.
Northann, Parent of Benchwick, Successfully Launches IPO
Elk Grove, CA, October 24, 2023 — Benchwick, a producer of 3D-printed flooring technologies and a subsidiary of Northann Corp., celebrates the successful closure of Northann Corp.'s Initial Public Offering (IPO).
Johnson Hardwood Expands Partnership with All Surfaces
City of Industry, CA, October 24, 2023— Effective October 23, Johnson Hardwood has expanded its partnership with All Surfaces.