Interface Reports Record Sales in Americas
Atlanta, GA, Oct. 23, 2013 -- Interface reported third quarter net income of $15.0 million, or $0.23 per share, compared to a net loss of $5.8 million, or $0.09 per share a year ago.
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.
Mohawk Summerville Project Wins State Award
Calhoun, GA, Oct. 24, 2013 -- Mohawk Industries’ expansion at its Summerville, Georgia facility was recognized with a Deal of the Year award by the Georgia Economic Developers Association.
Investors Purchasing Larger Share of Homes
Irvine, CA, Oct. 24, 2013 -- All-cash purchases nationwide represented 49% of all home sales in September, up from a revised 40% in August and up from 30% in September 2012, according to tracking firm RealtyTrac.
Advertising Strategy Helps Lumber Liquidators
New York, NY, Oct. 24, 2013 -- Flooring industry analyst Stifel Nicolaus said that Lumber Liquidators' change in advertising strategy has helped the company's financial performance.
Initial Jobless Claims Fall Last Week
Washington, DC, Oct. 24, 2013 -- Initial jobless claims fell 12,000 to a seasonally adjusted 350,000, the Labor Department said.
Horizon Floors Signs Distributor Wanke Cascade
New York, NY, Oct. 24, 2013 -- Horizon Floors has signed distributor Wanke Cascade to handle its Montage European Oak, 7-1/2" Wide Age Crafted Natural Oil European Oak Collection in the Pacific Northwest.
Engineered Floors Wins Deal of the Year Award
Dalton, GA, Oct. 23, 2013 -- Dalton-based carpet maker Engineered Floors has received the regional award for the deal of the year by the Georgia Economic Developers Association.
Lumber Liquidators Sees Net Income Surge
Toano, VA, Oct. 23, 2013 -- Lumber Liquidators reported that third quarter net income increased 58.4% to $20.4 million, or $0.73 per share from $12.9 million, or $0.46 per share, a year ago.
House Prices Continue To Rise in August
Washington, DC, Oct. 23, 2013 -- U.S. house price appreciation continued in August, with prices rising 0.3% on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency.
Mortgage Application Volume Down
Washington, DC, Oct. 23, 2013 -- Mortgage application volume dropped slightly last week as decreased refinancing activity offset a slight rise in demand for purchase loans, according to the Mortgage Bankers Association.