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.

Home Depot Logs Record Quarter

Atlanta, GA, Nov. 19--The Home Depot had record net earnings of $940 million, or $0.40 per diluted share, for the third quarter of fiscal 2002, an increase of 21% compared with net earnings of $778 million, or $0.33 per diluted share, for the same period

Congoleum Expects $7.3M Charge Next Quarter

Mercerville, N.J, Nov. 21--Congoleum Corp. expects to record a charge to other comprehensive income of $7.3 million in the fourth quarter to adjust its minimum pension liability, according to its quarterly report filed with the Securities and Exchange Com

Economy Grows In Third Quarter

Washington, DC, Nov. 26--The U.S. economy grew at a 4% annual rate in the summer, a stronger performance than the government previously thought.

Polley Joins Dixie

Chattanooga, TN, Nov. 25 --David Polley has joined the Dixie Group as vice president of marketing. Polley will also lead the company¹s efforts to become a more important participant in the residential carpet market.

Armstrong Trading Over the Counter

Lancaster, PA, Nov. 14--The common shares of Armstrong Holdings are trading on the OTC (over-the- counter) Bulletin Board ("OTCBB") under the stock symbol ACKHQ.

Consumer Confidence Rising

New York, NY, Nov. 18--Consumer confidence in the economy surged this month from its depressed levels in October, according to a report by the University of Michigan.

Lowe's Has Good Quarter

Wilkesboro, NC, Nov. 18--Lowe's Cos. had a 35% increase in third quarter profit, fueled by a strong housing market and its expansion to major U.S. metropolitan markets.