Commercial flooring manufacturer Interface posted robust third-quarter 2024 results. Strong performance in education and corporate segments, improved margins, and significant debt reduction led the company to raise its full-year guidance.
Flooring manufacturer Dixie Group continued investing in digital marketing and in-store merchandising during the third quarter but, like many in the flooring industry, faced headwinds from high interest rates, low home sales, and weak consumer confidence.
Floor & Decor appointed Nada Aried, executive vice president and Chief Digital Technology Officer of Safelite Autoglass, to its board of directors effective January 1, 2025.
This year’s awards, announced at the Total Solutions Plus conference in Boston, celebrate Juan “Junior” Mercado from Christian Brothers Flooring & Interiors as the Commercial Tile Setter Craftsperson of the Year and Jeff Occhipinti from Columbia River Tile & Stone as the Residential Tile Setter Craftsperson of the Year.
Vietnamese flooring manufacturer Lioncore Industries has licensed i4F's new HerringB/ONE technology, a simplified herringbone flooring system that eliminates the need for mirrored panels. The deal expands Lioncore's existing partnership with i4F and will streamline production while making installation more DIY-friendly.
Despite tough market conditions, Floor & Decor saw slight sales growth of 0.9% to $1.12 billion in third quarter 2024, though net income fell 21.6% and same-store sales dropped 6.4%. The retailer maintained aggressive expansion, adding 11 new stores and planning 10 more openings in fourth quarter.
The International Surface Event (TISE) named the winners of the third 2025 regional installation competition held in Dalton, Georgia on October 26, 2024 at the Certified Flooring Installers (CFI) headquarters and training facility.
Women in the Flooring Industry's (WIFI) bonus mini-round of educational scholarship applications are due by October 30. WIFI’s scholarship program helps women attend post-secondary education and continuing education programs, as well as gain industry-accredited certifications.
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