Hovnanian 3Q Contracts Up 35%
Red Bank, NJ, August 5--Luxury home builder Hovnanian Enterprises said the dollar value of contracts in the third quarter ended July 31 rose 34.8 percent to $1.7 billion from $1.3 billion a year ago.
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NRF: Retail Execs Say Picture Looks Strong
Washington, DC, August 5--Consumers finally shook off their summertime blues by loosening their purse strings in July, according to the NRF Retail Executive Opinion Survey.
New Zealand’s Cavalier to be Hit by $5.8M Writedow
Wellington, New Zealand, August 4--Carpet maker Cavalier Corporation said its full year earnings will meet forecasts, but warned of a major writedown of its Microbial Technologies business, according to ShareChat News.
Haverty July Sales Off 5.5%
Atlanta, GA, August 3--Haverty Furniture reported July sales that were off 5.5% to $66.6 million, compared with $70.4 million in July 2004. On a comparable-store basis, July sales decreased 8.8%.
Vorwerk Tests Floor-Controlled Robots
Wuppertal, Germany, August 4--Vorwerk presented live demonstrations of a service robot moving along a carpet containing integrated RFID technology to provide intelligent navigation at this year's Techtextil.
Pergo Launches Two New Laminate Products
Raleigh, NC, August 4--Pergo introduced two new laminate products designed exclusively for the specialty retail market.
Retailers Report Mixed Bag in July
New York, NY, August 4--The nation's retailers reported mixed results in July as hot weather boosted sales of summer merchandise.
Monster Employment Index Dips Slightly in July
New York, NY, August 4--The Monster Employment Index dipped slightly in July, as the majority of industries and occupations tracked by the Index showed slight declines in online job availability during the month.
Pier 1 Sees Quarterly Loss After Declining July Sa
Fort Worth, TX, August 4--Pier 1 Imports said its same-store sales fell 7.7 percent in July, and its quarterly loss may be wider than analysts had expected.
Toll Brothers 3Q Orders Up 19%
Horsham, PA, August 4-—Luxury homebuilder Toll Brothers, on Thursday said the value of new contracts in the fiscal third quarter rose 19 percent, as demand remained strong.