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.
Calhoun, GA, Apr. 17--Mohawk Industries, Inc. had net earnings of $41.64 million and diluted earnings per share (EPS) of $0.62 per share for the first quarter. This compares to $43.21 million in net earnings and EPS of $0.77 for the same period a year ago
Morris Township, NJ, Apr. 17—Honeywell’s first quarter earnings per share before the cumulative effect of the required implementation of Statement of Financial Accounting Standards No. 143 (SFAS 143) were $0.32 per share, in line with prior earnings guida
Chattanooga, TN, Apr. 10—The Dixie Group, announced that its first quarter results would be adversely affected by lower-than-expected sales volume and higher costs.
Troy, MI, Apr. 2--Kmart Corp. investors, creditors and lenders have elected an entirely new board of directors to lead the discount retailer when it exits bankruptcy protection.
Wilkesboro, NC, Apr. 17—Flooring was the fastest growing product category at Lowe’s last year, based on percentage change, and it was the second fastest behind appliances based on dollar sales
Chihuahua, Mexico, Apr. 17-- Internacional de Ceramica S.A. de C.V. focused its efforts on maintaining product sales levels and improving operating results in the first quarter.
Manchester, NH Mar. 31-- A multi-media advertising and marketing campaign to launch the first floor covering line from apparel leader Liz Claiborne debuts this month from Carpet One, exclusive retailer of the collection.
Lancaster, PA, Mar. 19 --Armstrong Holdings had fourth quarter net sales of $752.1 million that were about 2% higher than fourth quarter sales of $738.3 million the previous year.
Washington, Mar. 28--Consumer spending was flat in February for the second straight month, as war uncertainties, job worries and higher energy prices made people more tightfisted.
Frankfurt, Germany, Mar. 19—BASF’s fourth quarter net profit was 199 million euros ($211 million) in contrast to a loss of 469 million euros in the same period a year ago. Sales grew to 8 billion euros ($8.6 billion) in the fourth quarter from 7.7 billio