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.
Carthage, MO, September 20, 2005--Leggett & Platt said its third quarter earnings are expected to be within the range of $0.30 to $0.35 per share, significantly lower than the $0.42 to $0.47 per share guidance issued in July.
Fairlawn, OH, September 20, 2005--Omnova Solutions Inc. posted a profit in the third quarter profit on a 2 percent jump in sales, but the company still fell short of analyst’s estimates.
New York, NY, September 20, 2005--- Lehman Brothers analyst Steven A. Fockens initiated coverage of Mohawk Industries with an "equal-weight" rating. The target price was set at $89.
Ghent, Belgium, September 20, 2005-—According to a report in Chemical Week, Domo is planning to pull out of the chemical business to focus on the production of carpets.
Washington, DC, September 20, 2005--Home builder optimism in the market for new single-family homes remains in a positive zone this month, albeit with some further erosion from the cyclical high in June, according to the National Association of Home Build
Dalton, GA, September 20, 2005--The “Mohawk Rewards Plus” promotion program is a favorite among retail salespeople for a number of reasons. And Mohawk’s plans for the last quarter of 2005 are likely to make it even more popular.
New York, NY, September 20, 2005--Chain store retail sales dropped significantly in the latest week, as a result of high gasoline prices, ripple effects of Hurricane Katrina and increased consumer concern about the future of the economy, a retail report s
Atlanta, GA, September 19--Simply Floored shop-at-home flooring company announced that it has launched its comprehensive in-home flooring service in three major metropolitan markets: Atlanta, Dallas / Fort Worth, and Tampa / St. Petersburg.
Atlanta, GA, September 19, 2005 -- While retailers clearly embrace the power of e-mail marketing, a Silverpop study finds many of them have yet to take full advantage of the technological power and creative potential offered by the medium.
Troy, NC, September 19, 2005 -- Capel Incorporated, manufacturer and importer of area rugs since 1917, announced today that Eric Birnbach has joined the company as president and chief executive officer of Capel, Inc.