Floordaily

Feb 21, 2025 / The Right News Right When It Happens

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Floor & Decor Comp Sales Down 0.8% in Q4, Earnings up 28.1%

Atlanta, GA, February 21, 2025-Floor & Decor net sales of $1.11 billion in Q4 2024, a 5.7% increase from Q4 2023’s $1.05 billion.

Today's Flooring News

January Existing-Homes Sales Down 4.9% from Dec., Up 2% YOY

Washington, DC, February 21, 2025—Total existing-home sales descended 4.9% from December to a seasonally adjusted annual rate of 4.08 million in January according to the National Association of Realtors. Year-over-year, sales improved 2.0% (up from 4 million in January 2024).

Consumer Sentiment Declined 9.8% in February

Ann Arbor, MI, February 21, 2025—Consumer sentiment declined 9.8% in February to 64.7, according to final results from the University of Michigan Survey of Consumers.

Kährs Q4 Sales Down 11%, 4% Decline in North America Sales

Malmo, Sweden, February 21, 2025—Kährs reported Q4 sales of amounted to $51.24 million, which was a decrease of -11% from the prior year’s $57.54 million.

Median Income Earners Spent 38% of Income on Mortgage in Q4

Washington, DC, February 21, 2025—In a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q4 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home.

Coverings Releases Top Tile Trends in Honor of National Tile Day

Orlando, FL, February 21, 2025—Coverings, North America’s largest global showcase of ceramic tile and natural stone, has revealed the must-see annual tile trends in commemoration of National Tile Day, February 23.