Lumber Liquidator's Net Sales Fell 4% in Q2
Toano, VA, July 27, 2016—Lumber Liquidators reported net sales for Q2 2016 of $238.1 million, a decrease of 4.0% from the Q2 2015’s $248 million.
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.
Durable Goods Orders Fall for Second Consecutive Month
Washington, DC, July 26, 2016— New orders for manufactured durable goods in June decreased $9.3 billion or 4.0% to $219.8 billion, the U.S. Census Bureau has announced.
In Q2, Dixie Group Earnings Improved on Declining Sales
Dalton, GA, July 27, 2016—The Dixie Group, Inc. reported Q2 2016 net sales of $105,316,000, 4.2% below second quarter of 2015 sales of $109,957,000.
Pending Home Sales Index Increased by 0.2% in June
Washington, DC, July 27, 2016—The Pending Home Sales Index inched up 0.2% to 111.0 in June from 110.8 in May and is now 1.0% higher than June 2015 (109.9), according to the National Association of Realtors.
Mohawk Group Names George Bandy Jr. VP of Sustainability
Calhoun, GA, July 26, 2016—Mohawk Group announced today that George Bandy Jr. has joined the organization as its vice president of sustainability.
Abbey Carpet Taps Ken Sherwood as VP Franchise Development
Bonita Springs, FL, July 27, 2016—Ken Sherwood is joining Abbey Carpet Company as vice president franchise development—western and Rocky Mountain states.
Mullican Flooring Receives City and County Funds for Expansion
Johnson City, TN, July 26, 2016—Johnson City and Washington County, Tennessee commissioners have now each approved a plan to give Mullican Flooring $600,000 toward a $1.2 million project, reports WJHL.com.
Sales of New Homes Up 25.4% Year over Year in June
Washington, DC, July 26, 2016—Sales of new single-family houses in June 2016 were at a seasonally adjusted annual rate of 592,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development.
Domotex Assembles Team of Young Talent to Develop Concepts for Show
Hannover, DE, July 26, 2016—Creative thinkers from five countries, brought together with designer Stefan Diez at a workshop in his Munich studio, make up a team tasked with developing innovative flooring concepts for Domotex 2017.
Home Prices Rose 1.2% in May, 5% Annual Gain
New York, NY, July 26, 2016—The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index posted a month-over-month gain of 1.2% in May.