Toll Bros. Q2 Income Rose 15.7%
Horsham, PA, May 22, 2019—Toll Brothers announced net income of $129.3 million for Q2 2019, compared to net income of $111.8 million in Q2 2018, an increase of 15.7%.
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 Depot's Comp Store Sales in U.S. Up 3% in Q1
Atlanta, GA, May 21, 2019-The Home Depot reported a 5.7% sales increase YOY for Q1 2019. Comp store sales in the U.S. were up 3%
Existing-Home Sales Inched Down 0.4% in April
Washington, DC, May 21, 2019—Total existing-home sales fell 0.4% from March to a seasonally adjusted annual rate of 5.19 million in April, according to the National Association of Realtors.
I4F Brings Patent Infringe Suit Against Mohawk; Mohawk Refutes
Willemstad, Curaçao, May 21, 2019-I4F announced that it has filed a patent infringement lawsuit against Mohawk for the manufacturing, using, importing, selling and/or offering for sale of Mohawk Molveno and Prizefighter vinyl plank flooring using Unilin’s Unipush locking system in the United States. I4F filed the case before the U.S. District Court for the District of Delaware.
Saroyan Hardwoods Acquires Key Assets of Heppner Hardwoods
Huntington Park, CA, May 21, 2019-Hardwood product manufacturer Saroyan Hardwoods announced that it has acquired key production assets of Azusa, California-based Heppner Hardwoods.
Classen to Introduce Floating Technology for Ceramic Tile
Kaisersesch , DE, May 21, 2019—The Classen Group and the consulting firm Scholz & Partner are collaborating to market dry-tiling technology for the adhesive-free and floating installation of ceramic tiles.
Fred Reitz Returning to J.J. Haines as EVP--Operations
Glen Burnie, MD, May 21, 2019-Fred Reitz has been named executive vice president-operations for J.J. Haines, effective immediately.
CFI Announces Details of 26th Convention & Expo
Forney, TX, May 21, 2019—Certified Flooring Installers’ 26thannual convention and expo will be held August 21 to 23.
Stump Reports on HD Expo
Charlotte, NC, May 21, 2019-Analyst Stump reported on its findings at the 2019 HD Expo, which took place May 15 to 17 in Las Vegas, Nevada.
Aspecta Supports WSLA Mentorship Program
Norwalk, CT, May 21, 2019-Aspecta Flooring supported the inagural WSLA (Women in Sustainability Leadership Awards) Alumnae Group Mentorship program at the Living Future UnConference, which included matching high-potential sustainability mentees with experienced mentors along with a session entitled “Mentorship: A Lifelong Endeavor”.