Articles Tagged with ''financial insights''

The commercial flooring company announced that its first quarter net income was $6.94 million.

Net sales increased 41% and comparable store sales increased 31.1% from the first quarter of fiscal 2020.

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.