Home Depot Closes 2015 with Sales up 9.5% in Q4
Atlanta, GA, February 23, 2016—The Home Depot reported sales of $21.0 billion for the fourth quarter of fiscal 2015, a 9.5% increase from the fourth quarter of fiscal 2014.
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.
Ron Van Gelderen, Former President of CRI, Dies at 80
Salt Lake City, UT, February 19, 2016--Ron Van Gelderen, the former president and COO of the Carpet and Rug Institute (CRI), passed away last Friday.
Armstrong Releases Q4 2015 Results
Lancaster, PA, February 22, 2016—For Q4 2015, Armstrong World Industries, Inc. reported net sales of $577.4 million, or diluted earnings per share of $0.21, compared to $587.3 million in Q4 2014, or diluted earnings per share of $0.19.
Existing Home Sales Rise to Six-Month High in January
Washington, DC, February 23, 2016—Existing-home sales crept forward in January to the highest annual rate in six months, and subpar supply levels propelled price growth to the fastest increase since last April, according to NAR.
Home Prices Continued Their Upward Trend in December
New York, NY, February 23, 2016—The S&P/Case-Shiller U.S. National Home Price Index recorded a slightly higher year-over-year gain with a 5.4% annual increase in December 2015 versus a 5.2% increase in November 2015.
Noury Peykar, Chairman of Nourison, Dies
Great Neck, NY, February 23, 2016—Noury Peykar, chairman of Nourison died on February 20. He was 95.
CCA, WFCA & CFI Partner to Bring Qualified Installers to the Industry
Manchester, NH, February 23, 2016—CCA Global Partners has partnered with the World Floor Covering Association to help address the shortage of qualified flooring installers.
Armstrong Expects Separation to be Complete by April 1
Lancaster, PA, February 23, 2016—Armstrong World Industries anticipates that the separation of its flooring business will be complete by April 1, according to the Central Penn Business Journal.
Atlanta Housing Market Growth Continues in January 2016
Atlanta, GA, February 23, 2016—Average and median sales prices for 11 metro Atlanta counties continue to outpace last year’s figures, according to the Atlanta Board of Realtors.
Lumber Liquidators Releases Statement Following CDC's Adjusted Report
Toano, VA, February 23, 2016—Lumber Liquidators released a statement in response to the Center for Disease Control’s (CDC) adjusted assessment of the danger of the store’s high formaldehyde laminate flooring to human health.