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.

Residential Artificial Turf Not Making the Cut in

San Diego, July 22--Dane Lacey can't mow his new front lawn. He can only wash it with a garden hose or clean it with a leaf blower.The grass will never grow and is guaranteed against losing its zucchini-green hue, according to the San Diego Union-Trib

Home Depot Names Two New Board Members

Atlanta, GA, July 22--Home Depot announced the appointment of Lawrence "Larry" R. Johnston, chairman of the board, CEO and president of Albertson's, Inc., and Laban "Labe" P. Jackson Jr., chairman and CEO of Clear Creek Properties, Inc., to its board

Kronotex USA Names New CFO & Warehouse Manager

Alpharetta, GA July 22--Kronotex USA recently appointed Robert Dichiara as its new vice president, chief financial officer and Ken Wilkerson as warehouse manager. Both will reside in the Alpharetta, Ga. office.

Tennant 2Q EPS Up 14%

Minneapolis, MN, July 22—Floor maintenance equipment company Tennant Co. reported net earnings of $3.7 million, or $0.41 per diluted share, on net sales of $128.8 million for its second quarter.

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.

Sherwin-Williams 2Q Earnings Up 14.8%

Cleveland, OH, July 22—Paintmaker, retailer Sherwin-Williams in its second quarter reported income increase of 14.8 percent, to $126.4 million. Diluted earnings per common share were $.87 per share compared to $.75 per share in 2003.

Home Builder D.R. Horton Profits Rise

Arlington, TX, July 21-- D.R. Horton, Inc., the number one U.S. home builder, reported that net income for the quarter ended June 30, 2004 increased 62% to $251.3 million or $1.06 per diluted share.

Honeywell’s 2Q Earnings Up 13%

Morris Township, NJ, July 21 – Honeywell today announced second quarter earnings per share of $0.42, an increase of $0.05 or 14% over the prior year.