Domco Tarkett Inc. announces results for the first quarter of 2003
Domco Tarkett Inc. has announced its financial
results for the first quarter ended March 29, 2003. For the first three months of 2003, Domco Tarkett Inc. achieved consolidated net sales of $101.9 million, up 1.4 percent over $100.5 million for the corresponding period of 2002. Sales of residential resilient flooring decreased from $35.1 million to $34.6 million, while sales of commercial resilient flooring went from $37.2 million to $35.6 million.
Sales of hardwood flooring rose 12.2% to $31.7 million, compared with $28.3 million for the same period in 2002. It should be noted that the Hardwood Division accounted for 31.1 percent of consolidated net sales, up from 28.1 percent in the
first quarter of 2002.