Today's Flooring News

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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.

CPSC and Pottery Barn Recall Rugs

Washington, July 26--The U.S. Consumer Product Safety Commission, in cooperation with the Pottery Barn announced a voluntary recall of a rug imported from India.

Leggett & Platt 2Q Up 64%

Carthage, MO, July 23--Diversifed manufacturer Leggett & Platt's second-quarter sales improved 21% to $1.28 billion from $1.05 billion, with acquisitions contributing 7% of the growth.

Weyerhauser's 2Q Earnings More Than Double

Federal Way, WA, July 23--Weyerhaeuser Co. reported Friday that second-quarter profit rose sharply on favorable market conditions for wool products and timberlands, as well as a robust housing market that drove real estate performance.

Pergo Reports 1st Half 2004 Results

Trelleborg, Sweden, July 23—Pergo reported its results for the first six months of 2004. Sales during the period were SEK 1,417 M ($187.9M) (1,344), an increase of 13% compared with the year-earlier period after adjustment for currency effects.

EU Approves Dystar Sale to Platinum

Brussels, Belgium, July 22--U.S. investor Platinum Equity won European Commission permission on Wednesday to purchase textile-dye firm DyStar from chemical firms Bayer BASF and Aventis' unit Hoechst.

Leading Indicators Fall Slighty

New York, July 23--The Conference Board said the U.S. leading index decreased 0.2 percent, the coincident index increased 0.1 percent and the lagging index held steady in June.

Sears Earnings Below Expectations

Hoffman Estates, IL, July 22—Sears reported quarterly profit that was well below Wall Street expectations because of poor spring clothing sales, and forecast weaker-than-expected full-year results.