Armstrong Holdings Inc. has reported second quarter 2001 net sales from continuing operations of $748.6 million that were 5.5% lower than the second quarter of 2000.
Floor Decor, a new big-box flooring retailer headed by former Maxim Group/Flooring America CEO A.J. Nassar, has changed its trading symbol from MCGI to FLOR.
The Dixie Group Inc. has reported net income of $188,000, or
2 cents per diluted share, for the second quarter ended June 30, 2001. For the same period in 2000, the company reported net income of $1.3 million, or 11 cents per diluted share. Sales for the second quarter of 2001 were $145.5 million compared with $146.1 million in the year-earlier period.
U.S. consumer spending, which is estimated to account for two-thirds of the nation's gross domestic product (GDP), rose slightly in June, according to the U.S. Commerce Department.
Canada’s International Trade Minister Pierre Pettigrew named Lauzon Distinctive Hardwood Flooring among a group of finalists competing for honors in the 2001 Canada Export Awards.
Sales of new U.S. single-family homes rose in June, according to the U.S. Department of Commerce, as the housing sector continued to display resilience in a slumping economy.
Dixie Group Inc.¿s senior leaders recently extended the waiver of compliance with certain financial covenants of the company's senior credit agreement until October 15.