The North American Association of Floor Covering Distributors (NAFCD) has released its latest Profit Analysis Report (PAR), a robust financial and operational benchmarking report for NAFCD distributor members and industry stakeholders.
The results presented in the report, compiled by Profit Planning Group, Inc., are gathered from income statements, balance sheets and operating data supplied by participating firms in the floor covering distribution industry – providing a comprehensive but straightforward analysis and comparison of profitability among distribution firms.
The contents of the PAR include an executive summary, financial statements and ratios, product focus, market analysis, geographic analysis, and a ratio calculation, all comparing the differences between a typical distribution firm and a high-profit distribution firm.
“The highly popular PAR provides flooring distributors with a valuable benchmarking resource to compare themselves to the overall distributor community while also providing them with specific ways to enhance their productivity and efficiency,” said Kevin Gammonley, NAFCD Executive Vice President. “This exclusive data driven by aggregating financial data from the leading independent distributors cannot be found elsewhere. It’s a program that only trade associations can produce.”
The report is now available at a reduced cost for NAFCD members and full-price purchase for nonmembers. Learn more about this exclusive member benefit at nafcd.org.
