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Aug 22, 2018  /  The Right News Right When It Happens
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Several Flooring Players Set to Testify at USTR Tariff Hearings This Week
Washington, DC, August 22, 2018-The Office of the U.S. Trade Representative will hold public hearings on August 20, 21, 22, 23, 24 and 27 regarding proposed tariffs on approximately $200 billion worth of Chinese products, and floorcovering industry players will testify both in support of and in opposition to the tariffs.
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Today's Flooring News
Lowe's Increased Sales & Earnings in Q2 and First Half
Mooresville, NC, August 22, 2018—For Q2 2018, Lowe’s reported a net sales increase of 7% compared to Q2 2017.
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Latricrete Acquires Remaining Interest in Latricrete Supercap
Bethany, CT, August 22, 2018—Laticrete International has acquired the remaining interest in the Laticrete Supercap joint venture to fully integrate the businesses under one umbrella and invest additional resources to accelerate growth momentum.
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Existing-Home Sales Fell 0.7% in July
Washington, DC, August 22, 2018—Total existing-home sales decreased 0.7% to a seasonally adjusted annual rate of 5.34 million in July from 5.38 million in June, according to the National Association of Realtors.
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Toll Brothers Reports Record Growth in Contracts Signed in Q3
Horsham, PA, August 22, 2018--Toll Brothers reported a revenue increase of 27% for Q3 2018, compared to Q3 2017.
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Harlan Stone Presented with Sustainability Honor
Norwalk, CT, August 22, 2018—The Business Intelligence Group named Halstead/Metroflor Group CEO Harlan Stone a Sustainability Hero in the 2018 Sustainability Awards program.
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