Flooring - Market news and analysis

May 18, 2017

Mohawk Industries reported 1Q net sales increased by 2% to $2.22 billion

Finance195  
Mohawk Industries, Inc. announced 1Q 2017 record net earnings of $201 million and diluted earnings per share (EPS) of $2.68, a 16.5% increase versus prior year. Excluding restructuring, acquisition expenses and other charges, net earnings were $203 million, and EPS was $2.72, a 14% increase over las...
May 15, 2017

Armstrong Flooring 1Q net sales down 6.8% from year ago to $265.2 million

Finance168  
Armstrong Flooring, Inc. reported financial results for the 1Q ended March 31, 2017. In the 1Q 2017, net sales were $265.2 million as compared to $284.4 million in the 1Q 2016, primarily a result of a decline in Wood segment net sales.The 1Q 2017 net loss was ($7.8) million, or ($0.28) per diluted s...
May 4, 2017

Energyst Solutions to distribute Pallmann product range

Energyst Solutions will distribute Pallmann’s Hardwood Complete range of wood Flooring products throughout the Grand Rapids, Michigan region, as the company says in the press release received by Lesprom Network.“The addition of Energyst Solutions in this market further strengthens our distribution c...
May 4, 2017

Bauwerk Boen Group’s net turnover increased by 4.7% to CHF 279.4 million ($282 million)

Finance169  
Consolidated net turnover of Bauwerk Boen Group in fiscal 2016 reached CHF 279.4 million ($282 million), compared to CHF 266.7 million ($269 million) in the previous year (+4.7%). Adjusted for currency influences, net turnover amounted to CHF 277.4 million ($280 million), equivalent to an adjusted g...
May 3, 2017

Lumber Liquidators reports 1Q net sales increase of 6.4%

Finance189  
Lumber Liquidators’ 1Q 2017 net sales were $248.4 million, an increase of 6.4% from the 1Q 2016, as the company said in the press release received by Lesprom Network.Gross margin was 34.9% in the 1Q 2017, compared with 32.6% in the prior year period. The increase in gross margin was impacted by the ...
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