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Aug 18, 2021 / The Right News Right When It Happens

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Home Depot Sales Rose 8.1% in Q2, Earnings Rose 11%

Atlanta, GA, August 18, 2021-The Home Depot reported sales of $41.1 billion for Q2 2021, an increase of $3.1 billion, or 8.1% from Q2 2020. Comparable sales for Q2 increased 4.5%, and comparable sales in the U.S. increased 3.4%.

Today's Flooring News

Lowe's Sales Rose 1% in Q2, Earnings Up 6.6%

Mooresville, NC, August 18, 2021—Lowe's reported Q2 net sales of $27.6 billion, a 1% increase compared to $27.3 billion in Q2 2020.

Architecture Billings Marked 6th Consecutive Month of Growth in July

Washington, DC, August 18, 2021-The Architecture Billings Index (ABI) score for July was 54.6, a sixth consecutive positive month, according to The American Institute of Architects (AIA).

July Housing Starts Slid 7.0% from June but Rose 2.5% YOY

Washington, DC, August 18, 2021—Privately-owned housing starts in July were at a seasonally adjusted annual rate of 1,534,000, 7.0% below the revised June estimate of 1,650,000 but 2.5% above the July 2020 rate of 1,497,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced.

Mortgage Applications Declined 3.9% in Second Week of August

Washington, DC, August 18, 2021-Mortgage applications decreased 3.9% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending August 13, 2021.

Cali Once Again Named to Inc. 5000 Fastest Growing List

San Diego, CA August 18, 2021—Cali has been included on the Inc. 5000 Fastest Growing Private Companies list for the 13th consecutive year.

Laticrete Unveils Plastic-Free Grout Channel Sampling

Bethany, CT, August 18, 2021-Laticrete has unveiled an eco-friendly alternative to the plastic grout channels currently utilized in the market for color sampling.

CTEF Raises $40K in Donations

Pendleton, SC, August 18, 2021-The Ceramic Tile Education Foundation (CTEF) acknowledges the individuals who responded to the $10,000 matching grant from the National Tile Contractors Association (NTCA) to financially support CTEF.

Daltile Partnering with SCAD Students

Dallas, TX, August 18, 2021—Daltile is pleased to announce its involvement in a partnership program with students from The Savannah College of Art and Design (SCAD).