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May 23, 2017  /  The Right News Right When It Happens
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Toll Bros. Reports Income Rose 40%, Revenue Rose 22% in Q2
Horsham, PA, May 23, 2017—For its second quarter of FY 2017, Toll Brothers reports net income of $124.6 million, compared to net income of $89.1 million, in FY 2016’s second quarter.
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Today's Flooring News
Mohawk Group Products Take Two NYCxDESIGN Awards
New York, NY, May 23, 2017—Mohawk Group captured two product design awards during NYCxDESIGN; Moonscapes broadloom carpet product captured the NYCxDESIGN award in the flooring category, and Homegrown received a #metropolislikes award.
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Home Sales Down 11.4% in May, but Still Rise Slightly YOY
Washington, DC, May 23, 2017—Sales of new single-family houses in April 2017 were at a seasonally adjusted annual rate of 569,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 11.4% below the revised March rate of 642,000, but is 0.5% above the April 2016 estimate of 566,000.
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Amazon Actively Recruiting Furniture Manufacturers to Its Platform
High Point, NC, May 23, 2017—At last month’s High Point Market, Amazon was on site recruiting furniture manufacturers to its platform, reports Furniture Today.
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