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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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.
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.
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.
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%.
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.
Raleigh, NC, August 4--Pergo introduced two new laminate products designed exclusively for the specialty retail market.
New York, NY, August 4--The nation's retailers reported mixed results in July as hot weather boosted sales of summer merchandise.
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.
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.
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.