Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history of over 140 years [2] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [2] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [2] Voting Rights and Shares - As of June 30, 2025, Tarkett's total number of shares in the share capital is 65,550,281 [1] - The total number of theoretical voting rights is 123,569,728, while the number of exercisable voting rights is 123,551,169 after deducting treasury shares without voting rights [1]

Fort Lawn, SC, July 02, 2025 (GLOBE NEWSWIRE) -- Northann Corp. (NYSE: NCL) (“Northann” or the “Company”) announced that, as disclosed in its annual report on Form 10-K for the fiscal year ended December 31, 2024, which was filed with the Securities and Exchange Commission on July 1, 2025 and amended on July 2, 2025, the audit opinion for such fiscal year contained a going concern qualification from the Company's independent registered public accounting firm. This announcement is being made solely to comply ...

SIKA ACQUIRES RENOWNED CONSTRUCTION CHEMICALS COMPANY IN QATAR Sika has acquired Gulf Additive Factory LLC in the State of Qatar. The company manufactures a wide range of construction chemical products and has a strong standing in the fast-growing Qatar construction market. The acquisition strengthens Sika’s foothold in the country and provides exciting opportunities for further expansion. Gulf Additive Factory LLC (GAF) is renowned for its high-quality solutions and profound technical expertise. An extensi ...

Company Overview - Mohawk Industries is the leading global flooring manufacturer, enhancing residential and commercial spaces worldwide [2] - The company has transformed from an American carpet manufacturer into the world's largest flooring company over the past two decades, with operations in North America, Europe, South America, Oceania, and Asia [2] - Mohawk's vertically integrated manufacturing and distribution processes provide competitive advantages in producing various flooring products, including carpet, rugs, ceramic tile, laminate, wood, stone, and vinyl flooring [2] Upcoming Earnings Call - Mohawk Industries will release its Second Quarter 2025 earnings on July 24, 2025, followed by a conference call on July 25, 2025, at 11:00 am ET [1] - The conference call will be available for live streaming on the company's investor relations website [1] - For those unable to attend the live call, a replay will be available until August 22, 2025 [1]

Core Insights - Sika is positioning itself as a key player in the rapidly growing data center construction market, with over 1,000 data centers built using its solutions and a strong pipeline of new projects [1][3] - Global investments in data centers are expected to exceed CHF 400 billion by 2028, driven by the increasing demand for cloud computing, AI, and IoT [1][2] - The demand for data center capacity is projected to quadruple by 2030 compared to 2024, necessitating faster construction processes while maintaining high standards of quality and sustainability [2] Company Initiatives - Sika's end-to-end solutions from foundation to rooftop provide assurance to data center owners regarding the quality and reliability of construction [3] - The company has been collaborating with major industry players for over 15 years, leveraging its global presence and local technical support to add value for customers [3] Innovative Solutions - Sika's sustainable solutions can save approximately 13,000 tons of CO2-equivalent emissions over the lifetime of a 25,000 m² data center [4] - The company's fiber reinforcement technology eliminates the need for steel reinforcement in slabs-on-ground, enhancing sustainability and construction efficiency [4] - Sika offers advanced waterproofing systems and roofing solutions that reduce heat generation and cooling costs in data centers [5] Corporate Profile - Sika is a leading specialty chemicals company with a presence in 102 countries and over 400 factories, generating sales of CHF 11.76 billion in 2024 [6]

Dublin, June 05, 2025 (GLOBE NEWSWIRE) -- The "Saudi Arabia Cementitious Flooring Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" has been added to ResearchAndMarkets.com's offering. The Saudi Arabia Cementitious Flooring Market was valued at USD 189.4 Million in 2024 and is expected to reach USD 259.04 Million by 2030, rising at a CAGR of 5.20%. The Saudi Arabia Cementitious Flooring Market is experiencing significant growth driven by the rapid expansion of the construction and infra ...

Core Viewpoint - Lowe's Companies, Inc. has completed the acquisition of Artisan Design Group for $1.325 billion, enhancing its capabilities in the interior surface finishes market [1][10]. Acquisition Details - The acquisition was fully funded using Lowe's available cash resources, and the company has suspended its share repurchase program for the remainder of the year [2]. - Lowe's plans to repay $1.75 billion of debt maturing in September 2025 in conjunction with this transaction [2]. Strategic Significance - The integration of ADG allows Lowe's to expand into a complementary distribution and installation channel, enhancing its reach beyond traditional retail operations [3]. - This acquisition is expected to be accretive to Lowe's earnings per share starting in fiscal 2026, significantly improving its Pro customer offerings [5]. - The transaction provides immediate entry into a $50 billion market characterized by fragmentation, with increased construction activity projected to drive demand [6]. Market Opportunity - The U.S. housing market is expected to require approximately 18 million new homes by 2033, indicating sustained demand within the professional segment [6]. - ADG generated approximately $1.8 billion in revenues in fiscal 2024, and Lowe's anticipates continued growth from this business due to operational synergies and increased scale [7]. Growth Factors - Lowe's has demonstrated resilience and strategic focus, particularly in its Pro segment, which has shown mid-single-digit comparable sales growth [11]. - Digital transformation and AI integration are significant growth drivers, with online sales increasing by 6% year over year [12].

Core Viewpoint - Q.E.P. Co., Inc. reported a decline in net sales for fiscal year 2025, attributed to economic factors, but showed improvements in gross profit and net income, reflecting effective strategic execution and operational efficiencies [3][4][7]. Financial Performance - Net sales for the year ended February 28, 2025, were $243.8 million, a decrease of $8.2 million or 3.2% from $252.0 million in fiscal 2024 [3]. - Gross profit increased by $4.6 million or 5.6% to $86.6 million, with gross margin improving to 35.5% from 32.5% in the prior year [4]. - Net income for fiscal 2025 was $16.3 million or $4.94 per diluted share, compared to a net loss of $4.7 million or $1.40 per diluted share for fiscal 2024 [7]. - EBITDA from continuing operations was $22.2 million or 9.1% of net sales, up from $14.7 million or 5.8% of net sales in fiscal 2024 [8]. Operational Efficiency - Operating expenses were $66.8 million or 27.4% of net sales, a slight decrease from $68.7 million or 27.3% of net sales in fiscal 2024, indicating improved operational efficiencies [5]. - Interest income improved to $0.9 million, compared to interest expense of $1.4 million in fiscal 2024, due to significant debt reduction and increased cash balances [6]. Cash Flow and Capital Management - Cash provided by operating activities during fiscal 2025 was $12.7 million, down from $29.5 million in the prior year, reflecting a strategic inventory build [10]. - As of February 28, 2025, working capital totaled $67.4 million, an increase from $60.0 million at the end of fiscal 2024 [10]. Strategic Focus - The company completed a portfolio transformation in fiscal 2024, divesting non-core operations to concentrate on its North American business [2]. - The management emphasized a commitment to operational excellence, product leadership, and customer focus as part of its long-term strategy [5].

Company Overview - Tarkett is a global leader in innovative and sustainable flooring and sports surface solutions, with a history of over 140 years [4] - The company generated a turnover of €3.3 billion in 2024 and employs nearly 12,000 people [4] - Tarkett operates 24 R&D centers, 8 recycling centers, and 35 production sites, serving customers in over 100 countries [4] - The company is committed to circular economy and sustainability through its Tarkett Human-Conscious Design® approach [4] Shareholders' Meeting Information - The Combined Shareholders' Meeting is scheduled for 19 June 2025 at 9:30 a.m. at the Company's head office in Paris La Défense [1] - A preliminary notice of the meeting, including the agenda and draft resolutions, was published in the French Bulletin des Annonces Légales Obligatoires (BALO) on 14 May 2025 [2] - Additional information on attending and voting at the Shareholders' Meeting will be available in the notices and on the Company's website [2][3] Regulatory Compliance - Information related to the Shareholders' Meeting can be consulted on the Company's website under the Investors/Shareholders/Shareholders' Meeting 2025 section [3] - The company ensures that documents and information regarding the Shareholders' Meeting are made available to shareholders in accordance with applicable regulations [3]

In the dynamic world of home improvement retail, two powerful players are vying for dominance, but with very different playbooks. The Home Depot Inc. (HD) , the industry’s undisputed heavyweight, commands the market with unmatched scale, an expansive product mix and a deeply entrenched national presence. Floor & Decor (FND) is a fast-moving challenger making waves with its focused, high-growth approach to hard surface flooring.While Home Depot commands the lion’s share of the market with its vast scale and ...