Lumber Liquidators Net Income Up 31%
Toano, VA, Aug. 4, 2010--Lumber Liquidators reported that second quarter net income increased 31.0% to $9.1 million, or $0.32 per share, compared to $6.9 million, or $0.25 per share, a year ago.
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.
Private Sector Employment Rises More Than Expected
Roseland, NJ, Aug. 4, 2010--Private-sector employment rose 42,000 in July for the sixth consecutive monthly gain, according to the employment report from payrolls processing firm ADP.
Mohawk Director McCurdy Dies
Calhoun, GA, Aug. 4, 2010--Mohawk Industries Director Larry W. McCurdy, 75, died Tuesday.
Carpetright Sales Fall in First Quarter
London, England, Aug. 4, 2010--Britain's specialist carpet and floor covering retailer Carpetright Wednesday said group sales for the first quarter declined 2.5%.
Non-Manufacturing Economic Activity Grows in July
Tempe, AZ, Aug. 4, 2010--Economic activity in the non-manufacturing sector grew in July for the seventh consecutive month, according to the Institute for Supply Management.
Planned Job Cuts Fall By More Than Half
Chicago, IL, Aug. 4, 2010--Job cuts announced by U.S. employers fell by more than 50% in July from a year ago, according to outplacement firm Challenger, Gray & Christmas Inc.
Home Builder Pulte Swings to Profit
Bloomfield Hills, MI, Aug. 4, 2010--Home builder PulteGroup, Inc. reported net income of $76 million, or $0.20 per share, compared with a prior year net loss for the second quarter of $189 million, or $0.74 per share.
Manufacturing Expands for 12th Consecutive Month
Washington, DC, Aug. 3, 2010--The Institute for Supply Management said Monday its manufacturing index declined in July, to 55.5 from 56.2 in June, although the reading still indicates that manufacturing is expanding.
Chain Store Sales Up 3.9% Over 2009
New York, NY, Aug. 3, 2010--U.S. weekly chain-store sales rose 3.9% for the final week of July 2010 as compared with the same week in 2009.
Pending Home Sales Fell in June
Washington, DC, Aug. 3, 2010--Pending home sales fell 2.6% in June to a record low.