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.

Builder Confidence Off In November

Washington, DC, November 17, 2005 - Responding to sharply lower measures of consumer confidence as well as rising mortgage rates and other factors in recent months, single-family home builders are adjusting their market expectations downward to a still fa

Williams-Sonoma 3Q Earnings Up 30%

San Francisco, CA, November 17, 2005--Home-goods retailer Williams-Sonoma Inc. reported third quarter earnings that rose 30% to $37.1 million, or $0.31 a share, from $28.5 million, or $0.24, in the year-earlier period.

Edge Flooring Acquisition Completed

Dalton, GA, November 17, 2005--Edge Flooring LLC has announced the completion of a transaction with an affiliate of Hunt Special Situations Group, a middle market private equity group.

London Court of Appeal: Unilin vs. Berry

Waregem, Belgium, November 17, 2005--On November 3, 2005, the London Court of Appeal rendered a procedural judgement in the case that Unilin had initiated back in 2003 against Berry on the basis of Unilin’s second European patent (EP 1024234).

D.R. Horton 4Q Earnings Up 61%

Fort Worth, TX, November 16, 2005--The nation’s largest home builder, D.R. Horton, in the fourth quarter reported earnings that rose 61 percent to $563.8 million, or $1.77 per share, compared with $349.6 million, or $1.11 per share last year.

Spokane Retailer Opens Capel Rug Gallery

Spokane, WA, November 16, 2005--A furniture retailer that's served local customers for nine decades has opened a rug store in Spokane Valley, according to the Spokesman-Review.

Online Newspapers See Double-Digit Growth

New York, NY, November 16, 2005–-Newspaper websites grew 11 percent year-over-year to 39.3 million unique visitors in October 2005, comprising 26 percent of the active U.S. Internet population, or one out of every four Internet users, according to Nielsen