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Home » Keywords » financial insights

Items Tagged with 'financial insights'

ARTICLES

armstrong new logo

Armstrong Flooring Makes Statement on Chapter 11 Process

June 14, 2022
No Comments

Armstrong Flooring has received a number of proposals to acquire all or various parts of its business. 


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Beaulieu

Beaulieu International Group Revenue Up 45% in 2021, Publishes First Sustainability Report

May 20, 2022
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Pieter-Jan Sonck, CFO of B.I.G., said the company plans to invest over 100 million euro into sustainability, innovation, and Industry 4.0.


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Pulse Update.jpg

Pulse Check: Flooring Industry a Fertile Ground for More Consolidation, M&A

Aaron toomey managing director at anchor peabody
Aaron Toomey
May 18, 2022
No Comments

Despite economic drivers that are creating uncertainty, 2022 is still shaping up to be a strong year for flooring, with many avenues leading to opportunity.


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armstrong new logo

Armstrong Flooring Receives Approval for Additional Financing

May 18, 2022
No Comments

The $24 million debtor-in-possession financing will provide the company with the necessary liquidity to continue operating in the ordinary course as it pursues a swift, value-maximizing sale process.


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armstrong new logo

Armstrong Flooring Files Voluntary Chapter 11 Petitions, Continues to Pursue Sale of Business

May 9, 2022
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In a continuation of its ongoing sale process, the company said in a statement that it intends to continue sale of its business. 


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Interface logo

Interface Reports 15% Increase in Orders, 14% Increase in Sales in 1Q

May 6, 2022
No Comments

The company said it proactively increased efficiency across its business and continues to implement cost control measures that, when paired with strong order momentum,will provide a strong foundation for growth for the remainder of the year and beyond.


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floor & decor

Floor & Decor Reports Strong 1Q Performance

May 5, 2022
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Net sales increased 31.5% from the first quarter of fiscal 2021 and comparable store sales increased 14.3%.


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LL Flooring Logo

LL Flooring Reports 1Q Sales Decrease, Invests in Pro Customers

May 4, 2022
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The company said it faced macroeconomic headwinds from inflation and a shift in consumer spending to travel and leisure this year compared to stimulus and nesting spending in the first quarter of 2021.


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home-sales.jpg

New Home Sales Soften in February on Higher Mortgage Rates and Construction Costs

March 25, 2022
No Comments

Higher construction costs are hindering new home sales as the cost of lumber, OSB, shingles and other materials rise. 


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Houzz 2022 State of the Industry.jpg

Home Renovation Professionals Confident for Business in 2022

March 16, 2022
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More than two-thirds of companies surveyed said they are anticipating this will be a good or very good year, and that demand for their services will continue to increase.


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