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.
London, England, Aug. 9, 2010--United Carpets, Britain's second largest carpet and flooring retailer, improved profits during the year to March, but said that sales have been slow since the start of the year.
Calhoun, GA, Aug. 5, 2010--Mohawk Industries reported second quarter net earnings of $68 million and earnings per share of $0.99.
Lancaster, PA, Aug. 6, 2010--Armstrong World Industries reported second quarter net income was $26.8 million, or $0.46 per share, on net sales of $724.8 million, up 3%, from $705.7 million a year ago.
Washington, DC, Aug. 6, 2010--Job growth continued at a slow pace in July, the Labor Department said Friday.
Dalton, GA, Aug. 6, 2010--A recently completed survey for the Carpet and Rug Institute shows that carpet, especially carpet tile, continues to make inroads into the commercial market.
New York, NY, Aug. 6, 2010--Retailers reported Thursday that sales at stores open at least a year were weaker than expected in July, increasing 2.9% from July of last year, according to a tally by Thomson Reuters.
Atlanta, GA, Aug. 5, 2010--Beazer Homes USA reported a smaller quarterly loss as sales closings rose in advance of the expiration of the federal homebuyer tax credit.
Tehran, Iran, Aug. 5, 2010--Iran has exported close to $104 million worth of hand-woven carpets in the first four months of the current Iranian year that began on March 21.
Washington, DC, Aug. 5, 2010--Initial jobless claims rose by 19,000 to 479,000 in the latest week, the Labor Department reported Thursday.
Baltimore, MD, Aug. 5, 2010--Lumber Liquidators reported second quarter earnings per share of $0.32, which was lower than the $0.35 per share estimate by flooring industry analyst Stifel Nicolaus.