Sherwin Williams Sales Rise But Earnings Fall
Cleveland, OH, July 17, 2008--Sherwin Williams said that second-quarter earnings were $172 million, or $1.45 a share, compared to $203 million, or $1.52 a share, in the same period 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.
Home Builder Confidence Hits Record Low
Washington, DC, July 16, 2008--The confidence of U.S. home builders has hit a new low.
Beaulieu Launches New Bliss Website
Dalton, GA, July 16, 2008—Beaulieu has launched its updated blissflooring.com website.
INSTALL Alliance Program Continues To Grow
Philadelphia, PA, July 16, 2008--International Standards and Training Alliance (INSTALL) has gained 21 new partners for its industry alliance program since the beginning of the year.
Gasoline Prices Push CPI Higher in June
Washington, DC, July 16, 2008--Significant increases in gasoline prices helped push the consumer price index higher by 1.1 percent in June, the biggest increase in nearly three years ago, according to the Labor Department.
Q.E.P. Reports Higher Earnings, Lower Sales
Boca Raton, FL, July 16, 2008-- Q.E.P. Co. Inc. reported net income of $1.23 million or $0.35 per share in its fiscal 2009 first quarter ended May 31.
Mortgage Applications Up on Refinancing Activity
Washington, DC, July 16, 2008--Mortgage applications filed last week rose 1.7 percent over the previous week, as homeowners continued to refinance, according to the Mortgage Bankers Association.
Industrial Production Rises After End of Strike
Washington, DC, July 16, 2008--Industrial output rose 0.5 percent in June, the fastest pace in 11 months, the Federal Reserve reported Wednesday.
Karastan Spokesperson Preston To Be at Vegas
Atlanta, GA, July 16, 2008— Karastan’s 2008 “Make A Statement” star, actress Kelly Preston, will be at the World Market in Las Vegas to celebrate Karastan’s 80th anniversary and the grand opening of its showroom.
Laticrete Names Regional Sales Manager
Bethany, CT, July 15, 2008--Laticrete has appointed industry veteran Robert Smith regional sales manager, North Carolina.