| | | Feb 26, 2025 / The Right News Right When It Happens | | Top Story | | | | 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. | | |
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| | 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. | | |
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| | | | 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. | | |
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| | | | 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. | | |
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| | | 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. | | |
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| | | 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. | | |
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| | | 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. | | |
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| Featured Video | | | | Blake Dennard Showcases Kaleen's Popular New Broadloom and Custom Rugs From India | | February 26, 2025—Blake Dennard, SVP with Kaleen, and Kemp Harr discuss Kaleen’s rapid growth and new products for 2025 at the Surfaces Ex | | |
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