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Feb 26, 2025 / The Right News Right When It Happens

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Interface Q4 Sales Rose 3% YOY, Earnings Up 11.3%

Atlanta GA, February 25, 2025-Interface announced Q4 2024 net sales $335 million, up 3.0% year-over-year from $325.1 million.

Today's Flooring News

Home Depot Sales Up 14.1% in Q4, Earnings Up 7%

Atlanta, GA, February 26, 2025-The Home Depot announced Q4 2024 sales were $39.7 billion, an increase of 14.1% from Q4 2023’s $34.8 billion.

Lowe's Sales Flat in Q4, Earnings Up 10.3%

Mooresville, NC, February 26, 2025-Lowe's reported net sales for Q4 were $18.6 billion, virtually even with Q4 2023’s $18.6 billion.

New Home Sales Declined 10.5% in January

Washington, DC, February 26, 2025—Sales of new single-family houses in January 2025 were at a seasonally adjusted annual rate of 657,000, according to estimates released jointly by the U.S. Census Bureau and the Department of Housing and Urban Development, 10.5% below the revised December rate of 734,000 and 1.1% below the January 2024 estimate of 664,000.

Shaw Announces 7% Price Increase on Select Products Sourced from China

Dalton, GA, February 26, 2025-In a letter to its partners, Shaw Industries announced a price increase, effective March 17 for order and March 30 for shipments.

Home Renovation Market in Favorable Position for Growth in 2025

Washington, DC, February 26, 2025-An aging housing stock, record levels of home equity and favorable demographics will create positive growth prospects for the remodeling sector in 2025, according to industry experts at a panel hosted by the National Association of Home Builders (NAHB) during the International Builders’ Show in Las Vegas.

Mortgage Applications Declined 1.2% in Week Ending February 21

Washington, DC, February 26, 2025—Mortgage applications decreased 1.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 21, 2025.