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.

Anderson Taps Omni to Distribute Appalachian Floor

Clinton, SC, August 18--Anderson Hardwood Floors has appointed Omni Floorcoverings Ltd. of Mississauga, Ontario to distribute its Appalachian and selected other handcrafted flooring in Ontario.

Lear May Enter Bidding for Collins & Aikman

Detroit, MI, August 17--Southfield, Michigan-based Lear Corp. threw its hat in the ring becoming the player to make a bid for bankrupt auto-parts supplier Collins & Aikman Corp., joining bidder Plastech Engineered Products.

4th Annual Anso Nylon National Carpet Sale Set for

Dalton, GA, August 17--The fourth annual Anso Nylon National Carpet Sale will begin on Sept. 1. and run through Oct. 15, 2005, with a record number of floor covering retail locations participating in the 2005 event.

Home Depot 2Q Net Up 17%, Service Sector Grows 28%

Atlanta, GA, August 16--Home Depot reported second quarter net earnings of $1.8 billion, $0.82 per diluted share, up 17.1 percent. Analysts surveyed by Thomson Financial were expecting earnings of $0.79 a share

Builder Confidence Remains Strong

Washington, August 16--Builder confidence in the market for new single-family homes edged down somewhat in August but remained well within the elevated range that has characterized the past 17 months.

2Q State Existing-Home Sales Hit Record

Washington, DC, August 15--Total existing-home sales, which include single-family and condos, were at the highest pace on record in the second quarter, with 42 states showing higher sales in comparison with a year earlier.

Lowe's 2Q EPS Up 20.7%, Beats Estimates

Mooresville, NC, August 15--Lowe's reported net earnings of $838 million in the second quarter, a 19.7 percent increase over the same period a year ago. Diluted earnings per share increased 20.7 percent to $1.05 from $0.87 in the second quarter of 200