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.

Q.E.P. Reports Fiscal Financial Results

Boca Raton, FL, Apr. 22--Q.E.P. Co., INC. today announced financial results for the fiscal 2004 fourth quarter and full year ended February 29, 2004.

Pergo Reports Results

Trelleborg, Sweden, Apr. 21—Pergo in the first quarter of 2004 reported sales of SEK 746 M (679), an increase of 22% compared with the year-earlier period after currency adjustments.

Economy Shows Growth

Washington, DC, Apr. 21--The U.S. economy showed "widespread" growth from mid-February through early April with only modest inflation, the Federal Reserve said in its latest survey of regional economic conditions.

Greenspan Says U.S. Deflation Threat Past

Washington, DC, Apr. 21--Federal Reserve Chairman Alan Greenspan said on Tuesday that U.S. companies were regaining the power to raise prices and that a long period of worry about the potential for price deflation was over.

Split in Hardware Trade Show Leaves Chicago Attend

Chicago, IL, Apr. 20--The Chicago version of the recently split-up hardware show is generating anemic exhibitor turnout and bitter disappointment among some buyers this week.

Crossville Signs D & B Tile as Distributor In Sout

Crossville, TN, Apr. 21--Crossville's wide variety of porcelain stone tile plus glass and metal decorative accents is now available to designers, contractors and retailers in South Florida through D & B Tile Distributors.

Woody Named VP Merchandising at Carpet One

Manchester, NH, Apr. 21--Carpet One announces the appointment of Sands Woody, a 35-year veteran in the flooring industry, to the position of Vice President of Merchandising.

Mohawk’s Earnings Up

Calhoun, GA, Apr. 21--Mohawk Industries, Inc. today announced record first quarter net earnings of $66,307,000 (59% above last year) and diluted earnings per share (EPS) of $0.98 (58% above last year) for the first quarter of 2004.

Centex Earnings Up

Dallas, TX, Apr. 21--U.S. home builder and mortgage company Centex Corp. on Tuesday said its net income for the quarter rose 53 percent.

Honeywell's Earnings Up

Morris Township, NJ, Apr. 21--Honeywell International Inc. posted a 16.1% increase in first-quarter net income, as strong performance by all four of its operating divisions offset higher expense for its pension and other post-employment benefits.