May 24, 2007—Eric Astrchan, Executive Director, Tile Council of North America from Coverings 2007 discusses the show Coverings and its move in 2007 to Chicago’s McCormick Place and some of the changes that have occurred in the ceramic business. Astrchan also talks about the expansion of the association and his expectation for the ceramic industry in 2007 and beyond.
May 24, 2007—Keith Hughes, Managing Director in Equity Research, SunTrust Robinson-Humphrey in the final part of a four-part series discusses the first quarter performance of Interface, the modular carpet sector, the company’s segmentation strategy and changes in the Bentley Prince Street and fabrics units. Hughes also provided an update on the Armstrong auction and his expectations for its outcome.
May 23, 2007—Frank O’Neill, co-publisher Floor Focus discusses the recent court ruling against Congoleum involving the company’s prepackaged bankruptcy and collusion between Congoleum's former bankruptcy lawyers; Lowe’s first quarter earnings and a comparison between the quarterly performance of Lowe’s and Home Depot and; Solutia’s amended reorganization plan.
May 23, 2007—Keith Hughes, Managing Director in Equity Research, SunTrust Robinson-Humphrey in the third part of a four-part series discusses Mohawk’s potential for acquisition in the quarters ahead, market share shifts in the first quarter and how one determines market share in the carpet industry. Also discusses are pending price increases and the Mohawk’s guidance for the second quarter and the year end.
May 22, 2007—Keith Hughes, Managing Director in Equity Research, SunTrust Robinson-Humphrey in the second part of a four-part series evaluates Mohawk’s first quarter sales and earnings discussing the performance of the Mohawk, Daltile and Unilin sectors, the European market and the company’s licensing and intellectual property business. Hughes talks about the commercial sector, the company’s track record at reducing costs and managing inventories and recent articles that suggest the company is an acquisition target for private equity firms.
May 21, 2007—Ed Korczak, Executive Director, National Wood Flooring Association, (NWFA), in the final part of a three-part series, discusses the National Wood Flooring Convention & Expo, which was held last month in Denver. Korczak also talks about his expectations for the wood flooring sector going forward, some of the current trends in wood flooring some of the trends to come, the boom in reclaimed wood, China and the North American wood flooring marketplace.
May 21, 2007—Keith Hughes, Managing Director in Equity Research, SunTrust Robinson-Humphrey, in the first part of a four-part series, looks back at the first quarter in the floorcovering and furniture industries discussing the residential and commercial sectors as well as the remodeling market. Hughes talks about the spring selling season and looks at Mohawk’s performance during the quarter discussing the company’s sales and earnings verses analyst’s expectations.
May 19, 2007—Lawrence Ren Liu, Managing Director, International Business Department, Guangdong Dongpeng Ceramic Co., Foshan, China, one of China’s largest ceramic producers, from Coverings 2007, discusses Dongpeng the company, its annual production, its product offerings and its focus on North America and European markets, as well as its export and domestic plans for the future.
May 18, 2007—Ed Korczak, Executive Director, National Wood Flooring Association, (NWFA), in the second part of a three-part series, discusses the National Wood Flooring Convention & Expo, which was held last month in DenverThe NWFA organization, the aspects of the association, the North American wood flooring market, the international and the convention’s educational program and its keynote speaker, former Denver Broncos quarterback and Pro Football Hall of Famer John Elway.
May 17, 2007—Ed Korczak, Executive Director, National Wood Flooring Association, (NWFA), in the first part of a three-part series, discusses the National Wood Flooring Convention & Expo, which was held last month in Denver. Korczak talks about the growth the convention has seen in recent years and the wide range of wood flooring producers and manufacturers of related products that participate in the show. Korczak also discusses the association’s international membership made of manufacturers, distributors and retailers, the biggest hits at the show and the growth of mesquite.