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Apr 27, 2018  /  The Right News Right When It Happens
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Mohawk Increased Sales & Revenues in Q1
Calhoun, GA, April 27, 2018—Mohawk’s Q1 net sales rose 8.6% YOY to $2.4 billion. Revenue increase for the quarter was 4.1% (on constant currency).
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Today's Flooring News
D.R. Horton Grew Revenue 16% YOY in Q2
Arlington, TX, April 27, 2018—D.R. Horton’s income rose 53.1% YOY in Q2, and revenue from homebuilding rose 16% YOY in the same period.
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Metroflor's Chinese Manufacturing Partner Earns JUST Label
Norwalk, CT, April 27, 2018—Metroflor announced that the Elegant Home-Tech Company Limited (formally known as Elegant Plastics) facility in Zhangjiagang, China, which manufactures its Aspecta commercial LVT product, received the first-ever JUST label for a Chinese company and the first JUST label for a LVT flooring manufacturer.
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Consumer Sentiment Declined 2.6% in April
Ann Arbor, MI, April 27, 2018—Consumer sentiment fell 2.6% to 98.8 in April from March’s 101.4 rate, according to final results from the University of Michigan Survey of Consumers.
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GDP Rose 2.3% in Q1 2018, According to Advance Estimate
Washington, DC, April 27, 2018—Real gross domestic product (GDP) increased at an annual rate of 2.3% in the first quarter of 2018, according to the advance estimate released by the Bureau of Economic Analysis.
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NAFCD & Market Insights Form Partnership
Chicago, IL, April 27, 2018—The North American Association of Floor Covering Distributors (NAFCD) is pleased to announce a strategic partnership with Market Insights of Reading, Pennsylvania.
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Mullican to Exhibit at Domotex USA
Chicago, IL, April 27, 2018—Domotex USA announced that Johnson City, Tennessee-based Mullican Flooring will showcase all of its flooring lines at Domotex USA from February 28 to March 2, 2019 at the Georgia World Congress Center in Atlanta, Georgia.
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Dal-Tile & Woodside Homes Form Partnership
Dallas, TX, April 27, 2018—Dal-Tile Corporation was recently named as the exclusive tile provider for Woodside Homes.
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Featured Video
Dave Meberg Discusses Consolidated Carpet's 75th Anniversary and Starnet
April 27, 2018—Dave Meberg, President and CEO with Consolidated Carpet, and Kemp Harr discuss Consolidated Carpet's growth and 75th anniversary
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