Articles Tagged with ''financial insights''

Net sales rose 6% to $283.5 million for the quarter ending March 31, 2021.

I had the opportunity to sit down with Vance Bell and Tim Baucom of Shaw Industries in March just as the two announced their leadership transition. What struck me about this interview—and the commentary I’ve heard from other leaders this month—is the overall mood of positivity.

WarmlyYours reports floor heating sales increased by 8% year-over-year.

The increase will affect prices on hardwood products in the U.S. and Canada effective April 1, 2021.

The increase is in response to the challenge of rising costs in raw materials and freight.

James Lesslie, commercial president, J+J Flooring and EF Contract, encouraged Fuse members that they can take market share, even in down markets.

Net sales for the full year 2020 declined 6.6%, primarily due to the effects of COVID-19 on business.

Boosts in home renovation trends, expanded IP portfolio and licensee numbers, and a new flooring brand made for a successful year, the company said.

All markets globally saw stronger residential sales while commercial activity remains weak, the company reported.