Home Depot Sales Increase by 23.4%, Earnings by 24.5% YOY in Q2
Atlanta, GA, August 18, 2020-The Home Depot reported sales of $38.1 billion for Q2 2020, a 23.4% increase from Q2 2019’s $30.8 billion.
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.
Housing Starts Rose 22.6% in July
Washington, DC, August 18, 2020-Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,496,000, 22.6% above the revised June estimate of 1,220,000 and is 23.4% above the July 2019 rate of 1,212,000, according to the U.S. Census Bureau.
Mohawk Launching National Roadshow in 2021
Calhoun, GA, August 17, 2020-Mohawk has announced it will be launching a 60-day, cross-country tour in 2021 aimed at showcasing the company's latest products and innovations.
Emily Morrow Home Forms Partnership with Horizon Forest Products
Dalton, GA, August 18, 2020-Emily Morrow Finkell, founder and CEO of Emily Morrow Home, is pleased to announce her company’s partnership with Horizon Forest Products, a distributor with a 75-year history of exceptional service along with one of the most comprehensive flooring inventories around.
Creating Your Space Launches Email Marketing for Commercial Segment
San Rafael, CA, August 18, 2020—Creating Your Space has announced its latest Easy Email Marketing campaign specific to the commercial flooring business segment.
NAHB Builder Confidence Hits Record High in August
Washington, DC, August 17, 2020-In a sign that housing continues to lead the economy forward, builder confidence in the market for newly-built single-family homes increased six points to 78 in August, according to the latest NAHB/Wells Fargo Housing Market Index (HMI).
Laticrete Elects Thomas Tullo to Board of Directors
Bethany, CT, August 17, 2020—Laticrete has elected Thomas Tullo as its seventh and newest member to their board of outside directors.
Home Depot Doubles Comp. Sale Growth Rate in Q2 Due to Remodeling Amid COVID
Atlanta, GA, August 17, 2020-The Wall Street Journal reports on how the coronavirus has altered business models and strategies at the nationa's largest home center, in an article called “Home Depot Braced for COVID Pain-Then Americans Remodeled.”
Earthwerks Extends Partnership with All Tile CCS
Wood Dale, IL, August 17, 2020—On August 3, Earthwerks appointed All Tile CCS (ATCCS) as an authorized distributor for Indiana, Ohio and Kentucky.
Novalis HR Manager Admitted to Forbes Human Resources Council
Dalton, GA, August 17, 2020—Cathy L. Smith, human resources manager, Novalis U.S. has been accepted into Forbes Human Resources Council, an invitation-only community for HR executives across all industries.