The North American Association of Floor Covering Distributors (NAFCD) recently released the results of its NAFCD Quarterly Sales Trend Survey for the second quarter of 2020. The research and benchmarking tool collects data from industry distributors on sales results from the prior quarter along with forecasts for the upcoming quarter. Profitability trends are also tracked and compared to the prior quarter results and year-over-year comparable results. Additionally, the survey collects insights on a rotating number of relevant subjects, including the impact of COVID-19 on its distribution businesses.
A sampling of highlights from the Q2 report include: