Dixie Reports 1Q Sales Rise of 12%
Chattanooga, TN, April 28, 2005--The Dixie Group reported income from continuing operations of $1,872,000, or $0.15 per diluted share, for the first quarter.
Today's Flooring News
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Housing Market Surprising Experts
Washington, DC, April 27--Despite rising oil prices, weak stock markets, tepid jobs data and widespread agreement that interest rates are headed higher, U.S. consumers are buying homes at near-record pace.
Interface Narrows Losses in 1Q
Atlanta, GA, April 27--Interface, Inc. in the first quarter of 2005 reported a net loss of $2.2 million, or $0.04 per share, compared with a net loss in the first quarter of 2004 of $3.0 million, or $0.06 per share.
Oregon Mulling Branding State Lumber
Portland, OR, April 26--If Oregon is so well-known for its forests, could it offer its own brand of lumber?
Shaw Extends 'Spring Savings Month'
Dalton, GA, April 26--Retailers carrying Shaw’s new "Couture - Elegant Floors by Shaw" collection will have an extra month to enjoy special discount rates to offer their customers.
Congoleum to Modify Reorganization Plan
Mercerville, NJ, April 22--Congoleum said it has reached an agreement in principle with representatives of the Claimants' Committee and the Future Claimants' Representative to make modifications to its proposed plan of reorganization.
Existing Home Sales Up in March
Washington, DC, April 25--Existing-home sales rose to near-record levels in March with a continuation of strong home price gains.
New Ceramic Tile Company Debuts in American Market
Chicago, April 21--Graniti Fiandre, the multi-million dollar ceramic tile company based in Castellerano, Italy, announced the launch of StonePeak Ceramics, Inc., a new porcelain ceramic tile company exclusively dedicated to the American market.
Mohawk’s 1Q Earnings Up 6%
Calhoun, GA, April 21--Mohawk Industries in the first quarter reported net earnings that were up 6% to $70.2 million, or $1.03 per share an increase of 5% above last year.
Leading Economic Index Declines
New York, April 21--The Conference Board reported today that the Composite Index of Leading Economic Indicators declined 0.4 percent in March, following a 0.1 percent increase in February, and a 0.3 percent decline in January.