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Aug 19, 2020  /  The Right News Right When It Happens
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Lowe's Net Earnings Up 65% YOY in Q2 2020, Sales Up 30%
Mooresville, NC, August 19, 2020—Lowe’s has reported net earnings of $2.8 billion for Q2 2020, a 65% increase compared to net earnings of $1.7 billion in Q2 2019.
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Today's Flooring News
AIA Architecture Billings Index Held Steady at 40.0 in July
Washington, DC, August 19, 2020-The pace of decline during July remained at about the same level as in June, with both months posting an ABI score of 40.0 (any score below 50 indicates a decline in firm billings), according to the American Institute of Architects (AIA).
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NAFCD Names Education Sponsors
Chicago, IL, August 19, 2020-The North American Association of Floor Covering Distributors (NAFCD) recognizes the following supplier members for their support of flooring distributor education in 2020: Foss Floors, Metroflor Corp., Shaw/USFloors Distribution, Sika Corporation, Tarkett, USG and Welspun.
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National Kitchen-Bath Association Releases Q2 2020 Market Index
Washington, DC, August 19, 2020-The National Kitchen-Bath Association has released its Q2 2020 Kitchen & Bath Market Index (KBMI), the industry’s definitive gauge of kitchen and bath industry conditions.
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Featured Video
Dave Chambers Discusses Nebraska Furniture Mart's Flooring Business During the Virus Slowdown
August 19, 2020--Dave Chambers, director of flooring at Nebraska Furniture Mart, and Kemp Harr discuss how the flooring department is doing in light o
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