Mohawk Sales Declined 3.6% in Q4, Earnings Down 82%
Calhoun, GA, February 10, 2023-Mohawk’s net sales for Q4 2022 were $2.7 billion, a 3.6% decline compared to Q4 2021’s $2.8 billion.
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.
Ceramic Tile Imports Rose to $2.2 Billion in 2022, Down in Units
New York, NY, February 10, 2023-According to data released by the U.S. Department of Commerce, in the year 2022, the United States imported 202.7 million square meters of ceramic tile for a total value of $2.206 billion.
Consumer Sentiment Rose 2.3% to 66.4 in Early February
Ann Arbor, MI, February 10, 2023—Consumer sentiment rose 2.3% to 66.4 in early February, according to preliminary results from the University of Michigan Survey of Consumers.
Domotex Rolls Out New Model for Upcoming Shows
Hanover, DE, February 10, 2023—Domotex is introducing a rotating focus model for its upcoming shows.
Milestone Releases Two New Carbon Neutral Collections
Clarksville, TN, February 10, 2023-Milestone has released two new entirely carbon neutral porcelain tile collections: Area 51 and Atelier.
Brooks Leaves Torlys to Serve as President of Watson's Building Supplies
Toronto, ON, February 10, 2023—Torlys, a global flooring company, has announced that Derek Brooks, senior vice president of sales & business development North America, will be departing the company as of February 22.
American Hardwood Export Council Hosting Events for Manufacturers
Washington, DC, February 10, 2023—The American Hardwood Export Council (AHEC) has announced a series of events designed to help manufacturers export more hardwoods, reports the Decorative Hardwoods Association (DHA).
Durkan's DSCVR Student Design Competition Accepting Submissions
Dalton, GA, February 10, 2023—Durkan, Mohawk Group Hospitality, is now accepting artwork submissions for its annual DSCVR Student Design Competition.
Housing Affordability Hits Record Low but Nears Turning Point
Washington, DC, February 9, 2023—Mirroring a steep rise in mortgage rates that began in the early part of 2022 and coupled with ongoing building material supply chain bottlenecks that increased construction costs, housing affordability posted three consecutive quarterly declines in 2022 and now stands at its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012.
U.S.-China Trade On the Rise, As Flooring Imports from China Decline
New York, NY, February 9, 2023-Despite security concerns, U.S. commerce with China is on the rise, reports the Wall Street Journal.