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Feb 26, 2020 / The Right News Right When It Happens

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Interface FY '19 Sales Up 14% YOY & Income Up 58%

Atlanta, GA, February 26, 2020-For the fiscal year, Interface reported that net sales rose 14% YOY. And net income rose 58% to $79 million, compared to $50 million last year.

Today's Flooring News

Domotex Asia/Chinafloor Rescheduled for August/September

Shanghai, CH, February 26, 2020-The organizers of Domotex Asia/Chinafloor confirm that the show will take place from August 31 to September 2 with a total of 185,000 square meters gross space.

Lowe's Sales Rose 2.6% in Q4, Earnings Positive

Mooresville, NC, February 26, 2020—Lowe's Companies reported sales for Q4 2019 rose 2.6%, compared to Q4 2018, and comparable sales increased 2.5%. Comparable sales for the U.S. home improvement business increased 2.6% for Q4.

Single-Family Home Sales Up 18.6% YOY in January

Washington, DC, February 26, 2020—Sales of new single-family houses in January 2020 were at a seasonally adjusted annual rate of 764,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.9% above the revised December rate of 708,000 and is 18.6% above the January 2019 estimate of 644,000.

James Hardie Expands Manufacturing Operation in Washington

Tacoma, WA, February 26, 2020—James Hardie Industries recently celebrated the company’s expanded manufacturing operation near Tacoma, Washington.