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Lowe's Q1 Sales Declined 2.3%, Earnings Down 6.5%

Lowe's reported total sales for Q1 2025 were $20.9 billion, a 2.3% decline compared to $21.4 billion in the prior-year quarter. Read More

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Home Depot Sales Rose 9.4% in Q1, Earnings Down 5.6%

The Home Depot reported sales of $39.9 billion for Q1 2025, an increase of 9.4% from Q1 fiscal 2024. Read More

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Vinyl Flooring Imports Rose 21.9% YOY in March

Vinyl flooring “Imports were up 21.9% year over year in units in March, following a solid result in January and modest growth in February,” reports Truist.  Read More

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U.S. Ceramic Tile Market Reports 5.1% Consumption Decline in 2024

The U.S. ceramic tile consumption declined to 2.70 billion square feet in 2024, representing a 5.1% decrease from the previous year, according to the latest market update from the Tile Council of North America. This continues a downward trend, following a 7.3% decline in 2023. Read More

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Imports of Ceramic Tile in Q1 Rose 11.5%

Total U.S. imports of ceramic tile in the first three months of the year were 44.3 million square meters, an increase of 11.5% from the previous year when imports were 39.7 million square meters, reports Grosser Consulting. The increase was due to imports from Spain (+34%), Italy (+12%), Brazil (+38) and Vietnam (+61%). Read More

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Dixie Reports 3.5% Q1 Sales Decline, Earnings Loss of $1.6M

For Q1 2025, The Dixie Group had net sales of $63 million, a 3.5% decline compared to net sales of $65.3 million Q1 2024. The net loss from continuing operations in Q1 2025 was $1.6 million, compared to a net loss of $2.5 million in Q1 2024.   During the first quarter of 2025 the company closed on a new $75 million credit facility. Read More

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Six Flooring Producers Announce Tariff-Related Price Increases

Mohawk Group, Engineered Floors, Shaw, Daltile and Marazzi, and Karndean have all announced price increases.  Mohawk Group: “We have monitored the situation closely over the past two weeks and have determined that the global tariff will likely remain in effect indefinitely. Therefore, we will be implementing a price increase of 8% on all imported products effective May 19. Orders entered prior to this date will not be subject to the increase but must ship when available. Read More

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80% of Metro Markets Had Home Price Increases in Q1

More than 80% of metro markets (189 out of 228, or 83%) registered home price gains in the first quarter of 2025, as the 30-year fixed mortgage rate ranged from 6.63% to 7.04%, according to the National Association of Realtors' latest quarterly report. Eleven percent of the 228 tracked metro areas recorded double-digit price gains over the same period, down from 14% in the fourth quarter of 2024. Read More

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Floor & Décor Sales Up 5.8% in Q1, Earnings Down 2.3%

Floor & Décor had net sales of $1.16 billion in Q1 2025, up 5.8% from $1.10 billion in Q1 2024. Comparable store sales decreased 1.8%. Read More

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Interface Sales Up 2.6% in Q1, Earnings Down 8.3%

Interface’s Q1 2025 net sales totaled $297 million, a 2.6% year-over-year increase from Q1 2024’s $290 million.  Read More