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 Earnings Up 16.3% in First Quarter

Atlanta, GA, May 17--The Home Depot today reported first quarter net earnings of $1.2 billion, $0.57 per diluted share, up 16.3 percent, for the first quarter of fiscal 2005, compared with $1.1 billion, $0.49 per diluted share, for first quarter of fiscal

Home Builder Confidence Strong in May

Washington, DC, May 17--The nation’s home builders continue to maintain the high level of confidence that they have expressed for more than 16 months, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.

Congoleum Reaches $103M Insurance Settlement

Mercerville, NJ, May 12--Congoleum Corp. announced today that it has reached a settlement agreement with one of its excess insurance carriers over coverage for asbestos-related claims.

Home Buyers Opting for Upscale Amenities

Washington, DC, May 12--Given the choice between more space or higher quality features, new home buyers are overwhelmingly opting for the latter, according to the latest survey data from the National Association of Home Builders (NAHB.

CARE: Over 108 M Lbs. of Carpet Diverted From Land

Pine Mountain, GA, May 11--The Carpet America Recovery Effort (CARE) Third Annual Conference got underway yesterday as recyclers, prospective entrepreneurs, carpet industry, state and federal officials, and equipment manufacturers gathered at Southern Pin

Congoleum Narrows 1Q Loss

Mercerville, NJ, May 10--Congoleum Corp. in the first quarter reported a loss of $352,000, versus a net loss of $435,000 in the first quarter of 2004. The net loss per share was $.04 in the first quarter of 2005 compared with $.05 per share in the first q