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Mohawk posts net sales of more than $11 billion

“For the full year, Mohawk’s business improved significantly,” said Jeffrey S. Lorberbaum, Mohawk’s Chairman and CEO. “Our fourth quarter sales remained strong, driven by a robust residential new construction and remodeling environment. Commercial sales improved as well, though they still lagged pre-pandemic levels. Earnings in the quarter benefited from improved price, mix and productivity.” Read More

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MSI reveals 2022’s Top 5 Design Trends

Five notable and refreshing Ceramic Porcelain Tile and Natural Stone trends are leading the hard surface industry throughout 2022, and MSI has revealed its Top Design Trends for the year including some of the newest on-trend products within hard surface. These five trends explore subtle colorways, natural tones, unique textures, ultra-high-definition inkjet prints and durable waterproof products made for active lifestyles and design that speak to wellness. Read More

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Lowe's Grew Sales 5% in Q4, Earnings Rose 23%

Lowe's reported Q4 2021 sales were $21.3 billion, a 5% increase compared to $20.3 billion in Q4 2020. Comparable sales increased 5.0%. Comparable sales for the U.S. home improvement business increased 5.1% in Q4. Pro customer sales increased 23%. Read More

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Coverings Reveals Top 10 Tile Trends for 2022

Coverings, the largest international tile and stone exhibition and conference in North America, announced the top 10 tile trends for 2022. The tile trends were gathered and forecasted by the three leading international tile associations and sponsors of Coverings, Ceramics of Italy/Confindustria Ceramica, Ceramic Tile Manufacturers Association of Spain (ASCER)/Tile of Spain and Tile Council of North America (TCNA).  Read More

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Home Depot Sales Rose 10.7% in Q4 and 14.4% for Fiscal Year 2021

The Home Depot announced sales for Q4 2021 were $35.7 billion, an increase of $3.5 billion, or 10.7% from Q4 2020. Comparable sales for Q4 2021 increased 8.1%, and comparable sales in the U.S. increased 7.6%.  Read More

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Coverings Announces 2022 Tile Trends

Coverings, the largest international tile and stone exhibition and conference in North America, announced the top ten tile trends for 2022. The tile trends were gathered and forecasted by the three leading international tile associations and sponsors of Coverings, Ceramics of Italy/Confindustria Ceramica, Ceramic Tile Manufacturers Association of Spain (ASCER)/Tile of Spain and Tile Council of North America (TCNA).  Read More

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What Consumers Want in New Home Builds

Home buyer preferences have continued to reverse trends in home building as builders work to respond to new interests in the wake of COVID-19, according to reports from the National Association of Home Builders (NAHB). Read More

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Hard surface & area rugs go together

“There has been research that shows consumers will purchase an area rug within a very short time after installing hard surface flooring,” reported T.M. Nuckols, president of The Dixie Group (TDG). Read More

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Ceramic Tiles Market Research Report - Global Forecast to 2027 - Cumulative Impact of COVID-19

The Global Ceramic Tiles Market size was estimated at USD 215.75 billion in 2020, is expected to reach USD 231.11 billion in 2021, and is projected to grow at a CAGR of 7.48% to reach USD 357.60 billion by 2027. Read More

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These folks have money and want to be your friend

What is remarkable about LVT is that it is not entirely driven by brands. It is not as if every consumer comes into the store and know the brand of flooring they want and that applies to LVT, also. No, it is the intrinsic value and style of the product and LVT is great for any end user markets — residential replacement, new homes and all of commercial.   Read More