Q.E.P.’s 3Q Earnings Increase 14.1%
Boca Raton, FL, January 12--Q.E.P. Co., Inc. reported net income in the fiscal 2005 third quarter that increased 14.1 percent to $1.2 million, or $0.33 per diluted share.
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.
Homebuilder D.R. Horton 1Q Sales Up 31%
Fort Worth, TX, January 12--D.R. Horton Inc., the largest homebuilder in the United States, said sales in its fiscal 2005 first quarter rose 31 percent.
November Trade Gap Sets New Record
Washington, DC, January 12--The trade gap in November widened to a new record as demand for foreign oil rose and sales of U.S. goods and services overseas fell for the first time in five months.
Tarkett Overhauling Houston Plant
Houston, TX, January 12--Tarkett Commercial has begun implementation of an overhaul of its manufacturing processes at its Houston facility.
SunTrust Ups Rating on Interface to Buy
Atlanta, GA, January 11—-Interface shares jumped Monday after SunTrust Robinson Humphrey boosted its rating to a "buy," citing the low stock price and cost-cutting at the company.
Dal-Tile to Build Sales, Service Center in Tenness
Chattanooga, TN, January 11--Nearly 20 years after creating Bonny Oaks Industrial and Office Park, Hamilton County has sold its last available parcel at the site, according to the Chattanooga Times/Free Press.
Study: 2004 Online Spending Jumps 26%
Reston, VA, January 11--Online consumer retail spending grew by an impressive 29 percent compared to the 2003 season, exceeding comScore Networks' initial expectation of 23 to 26 percent growth.
UK’s United Carpets to Double its Locations
Mexborough, England, January 11-—United Carpets plans to double its number of stores by raising £5m from a flotation on the Alternative Investment Market (AIM).
Chain Store Sales Off 0.6% Last Week
New York, NY, January 11--The International Council of Shopping Centers-UBS Retail Chain Store Sales Index fell by 0.6% in the week ended Jan. 8 compared to the week before.
Lacey Mills Announces Management Changes
Cartersville, GA, January 11--John Whittenburg, chairman and CEO of Southern Yarn Dyers and Lacey Mills Inc., is stepping in to assume responsibilities as president and CEO of Lacey Mills Inc., handling day to day operations.