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.
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.
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.
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.
Calabasas, CA, July 23--Homebuilder Ryland Group Inc. reported second quarter earnings were up 41.6 percent on higher home orders and margins.
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.
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.
Calhoun, GA, July 21--Mohawk Industries, Inc. today announced record diluted earnings per share (EPS) and net earnings for the second quarter of 2004 of $1.29 (15% above last year) and $87,158,000 (16% above last year), respectively.
Clifton, NJ, July 21--Home decor retailer Linens 'n Things Inc. said its quarterly profit fell, matching its lowered forecast, after it drew fewer-than-expected shoppers in May.
Atlanta, GA, July 21--Home Depot said the first of its two planned Manhattan stores will open in the Flatiron District on Sept. 10.
Washington, July 21--Fed Chairman Alan Greenspan said today the U.S. central bank aims to continue raising interest rates at a gradual clip over the next 18 months or so.