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Feb 26, 2020  /  The Right News Right When It Happens
Top Story
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.
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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.
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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.
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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.
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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.
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Featured Video
Thomas Baert Discusses Domotex Asia and Coronavirus Impact on Supply Chain
February 26, 2020—Thomas Baert, CEO with CFL/Firmfit, and Kemp Harr discuss the new dates and venue for the 2020 Domotex Asia/China Floor Expo a
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