| | | May 17, 2022 / The Right News Right When It Happens | | Top Story | | | | Home Depot's Q1 Sales Hit Record High of $38.9B, Earnings Up 2.4% | | Atlanta, GA, May 17, 2022—The Home Depot reported sales of $38.9 billion for Q1 2022, an increase of 3.8% from Q1 2021’s $37.5 billion. | | |
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| | Today's Flooring News | | | | BASF Announces 4th Caprolactam & PA6 Price Increase of 2022 | | Wyandotte, MI, May 17, 2022—Effective June 1, or as contracts allow, BASF will increase prices for caprolactam and polyamide 6 (PA6) by $0.10 per pound in North America. | | |
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| | | | Armstrong Secures $24M Loan to Finance Operations Amid Reorganization | | Lancaster, PA, May 17, 2022-Armstrong Flooring Inc. has secured $24 million in loans that will keep it operating as it reorganizes and pursues a sale of its assets, the company’s attorneys told a Delaware bankruptcy judge Monday, reports Lancaster Online. | | |
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| | | | Starnet Names 2022 Design Award Winners | | Columbus, OH, May 17, 2022-Starnet Commercial Flooring reveals the 2022 Starnet Design Awards Grand Prize Winner. | | |
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| | | April Retail Sales Rose 0.9% from March and 8.2% YOY | | Washington, DC, May 17, 2022-Advance estimates of U.S. retail and food services sales for April 2022 were $677.7 billion, an increase of 0.9% from the previous month and 8.2% above April 2021, according to the U.S. Census Bureau. | | |
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| | | Builder Confidence Declined in May for Fifth Straight Month | | Washington, DC, May 17, 2022—Builder confidence in the market for newly built single-family homes fell eight points to 69 in May, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). | | |
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| | | Disturb. Trade Sales & Manu. Shipments Rose 1.8% in March | | Washington, DC, May 17, 2022—The combined value of distributive trade sales and manufacturers’ shipments for March was estimated at $1,832.1 billion, up 1.8% from February 2022 and was up 14.1% from March 2021, according to the U.S. Census Bureau. | | |
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| | | Industrial Production Rose 1.1% in April | | Washington, DC, May 17, 2022—In April, total industrial production increased 1.1%—the fourth consecutive month of gains of 0.8% or greater—and manufacturing output rose 0.8%, according to the Federal Reserve. | | |
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| | | Shaw Announces 2022 Associate Dependent Scholarship Recipients | | Dalton, GA, May 17, 2022—Shaw Industries has announced the recipients of its 2022 Associate Dependent Scholarship. | | |
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| | | Mobile Marketing & RFMS Integrate Offerings | | Tuscaloosa, AL, May 17, 2022—Mobile Marketing and RFMS clients will now have the benefit of the parties integrating to create a seamless experience between web and marketing services and their business management software. | | |
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| Featured Video | | | | Jesse Hailey Discusses His Role as President of Howard's Rug in San Diego | | May 17, 2022—Jesse Hailey, President of Howard’s Rug in San Diego, and Kemp Harr discuss Jesse's new role and the growth and outlook for c | | |
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