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.

Commercial Real Estate Index Remains at Record Hig

Washington, DC, February 23, 2007--The Commercial Leading Indicator for Brokerage Activity,* has increased for seven consecutive quarters and is holding at the highest level on record, according to the National Association of Realtors.

Formica Extends Distribution in Canada

Barnwell, SC, February 23, 2007--Formica Flooring has entered into an agreement with Stevens Dufour Floor Covering of Mississauga, ON in which Stevens Dufour will be the exclusive distributor of Formica Flooring in Canada.

Toll Brothers 1Q Earnings Drop 67%

Horsham, PA, February 23, 2007--Luxury-home builder Toll Brothers reported first quarter earnings that dropped 67 percent due to hefty writedowns and other costs, and Chief Executive Robert Toll said many markets were still soft.

Lowe’s 4Q Net Off 11.5%, Beat Estimates

Lowe’s 4Q Net Off 11.5%, Beat Estimates

Mooresville, NC, February 23, 2007--Lowe's reported net earnings of $613 million for the 13-week period ended February 2, 2007, an 11.5 percent decline versus the 14-week period ended February 3, 2006.