Floordaily

Feb 14, 2020 / The Right News Right When It Happens

Top Story

Mohawk Reports Earnings Increase, Sales Decrease for Q4

Calhoun, GA, February 14, 2020-Mohawk Industries announced a Q4 2019 net earnings increase of 15% YOY. Net sales for Q4 2019 were down 2.0% from the same quarter last year.

Today's Flooring News

Retail Sales Rose 4.4% YOY in January

Washington, DC, February 14, 2020—Advance estimates of U.S. retail and food services sales for January 2020 were $529.8 billion, an increase of 0.3% from the previous month and 4.4% above January 2019, according to the U.S. Census Bureau.

Belknap White Named Distribution of the Year for Armstrong

Mansfield, MA, February 14, 2020-The Belknap White Group received the Thomas Armstrong distributor of the year award for 2019.

Coverings Announces Top Ten Tile Trends for 2020

Arlington, VA, February 14, 2020- Capra and Coverings’ sponsors Ceramics of Italy, Tile Council of North America and Tile of Spain collaborated to gather and report this year’s top ten tile trends for 2020.

Import Prices Unchanged in January

Washington, DC, February 14, 2020-U.S. import prices were unchanged in January, the U.S. Bureau of Labor Statistics reported, following 0.2% advances the two previous months.

Consumer Sentiment Rose 1.1% in Early February

Ann Arbor, MI, February 14, 2020—Consumer sentiment rose to 100.9, an increase of 1.1%, in early February, according to the University of Michigan Survey of Consumers.

Industrial Production Down 0.3% in January

Washington, DC, February 14, 2020—Industrial production declined 0.3% in January, as unseasonably warm weather held down the output of utilities and as a major manufacturer significantly slowed production of civilian aircraft, reports the Federal Reserve.

Distrib. Trade Sales & Manu. Shipments Down Slightly in December

Washington, DC, February 14, 2020—The combined value of distributive trade sales and manufacturers’ shipments for December was estimated at $1,461.0 billion, down 0.1% from November 2019 but up 1.7% from December 2018, according to the U.S. Census Bureau.

Wagner Meters Names Fishman Distributor of the Year

Rogue River, OR. February 14, 2020—Wagner Meters has named Fishman Flooring Solutions distributor of the year for the second consecutive year that Wagner Meters has presented the award.