Toll Brothers Increases Income and Revenues in Q3
Horsham, PA, August 25, 2017—Toll Brothers, Inc. announced 2017 Q3 net income was $148.6 million, compared to net income of $105.5 million in 2016 Q3.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Architecture Billings Fell to 51.9 in July, Remained Positive
Washington, DC, August 24, 2017— The American Institute of Architects (AIA) reported the July ABI score was 51.9, down from a score of 54.2 in the previous month., as reflected in the July Architecture Billings Index (ABI).
A&D Firm's Nelson and WK Merge
San Francisco, CA, August 24, 2017—After a string of recent national moves, Nelson, a global architecture and design firm, announced it will merge operations with WK design group, located in San Francisco, California.
Existing Home Sales Fell 1.3% in July, But Up 2.1% YOY
Washington, DC, August 24, 2017—Total existing-home sales slipped 1.3% to a seasonally adjusted annual rate of 5.44 million in July from a downwardly revised 5.51 million in June, according to the National Association of Realtors.
CTEF Introduces Regional Evaluators Program
Pendleton, SC, August 24, 2017—The Ceramic Tile Education Foundation (CTEF) has developed a Regional Evaluators (RE) program to expand the Certified Tile Installer (CTI) Program hands-on testing.
Lowe's Increases Both Earnings & Sales YOY in Q2
Mooresville, NC, August 23, 2017—Lowe’s reported net earnings of $1.4 billion for Q2 2017, compared to net earnings of $1.2 billion in Q2 2016.
Single-Family Home Sales Fell 9.4% in July
Washington, DC, August 23, 2017—Sales of new single-family houses in July 2017 were at a seasonally adjusted annual rate of 571,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Mats Inc. Names Barry Hume President & CEO
Stoughton, MA, August 23, 2017—Mats Inc. has announced the hiring of Barry Hume as president and chief executive officer.
Leah Jack Named VP of Design for Brintons
Kidderminster, UK, August 23, 2017—Brintons is pleased to announce the promotion of Leah Jack to vice president of design.
NAFCD Accepting Nominations for Leadership Awards
Chicago, IL, August 23, 2017--The North American Association of Floor Covering Distributors (NAFCD) is calling on members to submit candidates for the 2017 NAFCD Leadership in Action and Lifetime Achievement Awards.