Distributor sales in the second quarter of 2015 increased 5 percent, about 1 point better than the 4 percent growth in the first quarter, and 30 percent of distributors came in above forecast, according to the 2015 Q2 NAFCD Quarterly Sales Report.
The report also showed that manufacturer sales slowed in the second quarter, with growth up 6 percent versus the first quarter’s rate of 10 percent.
Both distributors and manufacturers lowered their third quarter and full-year forecasts.
The report is available only to members of the North American Association of Floor Covering Distributors.
Read Next
