Toll Brothers Homebuilding Sales up 51%
Horsham, PA, May 11—-Toll Brothers said its second-quarter contracts and backlog for the period ended April 30 were the highest in its history on strong demand for luxury homes.
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.
Federated’s 1Q EPS Up 34%
Cincinnati, OH, May 11--Federated Department Stores in the first quarter reported net earnings that were up 27 percent to $123 million.
3M Reaffirms 2005 Earning Guidance
St. Paul, MN, May 11--3M Co. reaffirmed its 2005 earnings guidance on Tuesday despite what it called slowing growth in the global economy.
Vacuum Study Tackles Asthma Misconceptions
Perth, Australia, May 11--To most of us it is a chore but for two Western Australian researchers, the humble practice of vacuum cleaning is a scientific passion.
Clayton Miller & Tricycle Lead Hospitality Sector
Chattanooga, TN, May 10--Clayton Miller and Tricycle, Inc. have teamed together to offer fast, accurate carpet samples to the hospitality industry and to help curtail the high cost of strike-offs.
Home Sales to Benefit From Slower Mortgage Interes
Washington, DC, May 10--Mortgage interest rates have been trending up less than expected, a pattern that should continue through next year.
Shaw Intros Second Collection of ClearTouch Styles
Dalton, GA, May 10--In the wake of the company’s successful launch of its ClearTouch PET styles, Shaw is introducing a variety of new products that expands the range of construction options for the innovative fiber system.
Saks Fires Execs After Markdown Probe
Birmingham, AL, May 10--Saks Inc. on Monday said it has fired its chief accounting officer and other top officers after an internal investigation into improper collections of markdown allowances.
Louisiana Primed for Flooring Industry
Baton Rouge, LA--May 10--According to a study of Louisiana’s forest population, the state has abundant timber resources available to establish the manufacturing of High Density Fiberboard (HDF) laminate flooring.
Chain Store Sales Up 0.7% Last Week
New York, NY, May 10-—Chain store sales were up 0.7% in the week ended May 7 compared with the week before, on a seasonally adjusted, comparable-store basis.