Articles
Lowe's Reports 5% Sales Increase for Q4, Earnings Down 21%
Lowe’s announced Q4 2022 sales were $22.4 billion, a 5% increase compared to $21.3 billion in Q4 2021. Comparable sales for Q4 decreased 1.5%, and comparable sales for the U.S. home improvement business decreased 0.7%. Read More
Floor & Decor Holdings, Inc. Announces Fourth Quarter and Fiscal 2022 Financial Results
Floor & Decor Holdings, Inc. (NYSE: FND) (“We,” “Our,” the “Company,” or “Floor & Decor”) announces its financial results for the fourth quarter and fiscal year ended December 29, 2022. Read More
Ceramics Market Size, Share & Trends Analysis Report - Forecasts to 2030
The global ceramics market size is anticipated to reach USD 359.35 billion by 2030 registering a 5.2% CAGR from 2023 to 2030. The rising penetration of ceramics in the medical and construction industries is anticipated to propel market growth in the forecast period. Read More
RFCI: Resilient Floors Show No Sign of Slowdown in 2023
The resilient flooring category, which is nearing $7 billion in sales annually, is showing no signs of slowing down in 2023 despite some broader economic headwinds, according to a panel of resilient flooring exerts who spoke at The International Surfaces Event in Las Vegas. Read More
U.S.-China Trade On the Rise, As Flooring Imports from China Decline
Despite security concerns, U.S. commerce with China is on the rise, reports the Wall Street Journal. However, flooring imports from the country have been in decline, says analyst Santo Torcivia of Market Insights. Read More
Homebuyer Preferences Continue to Shift Post-Covid
Homebuyer preferences have continued to shift home building trends in the wake of Covid-19. Following a brief uptick in new home sizes in 2021, the average size of a new home dropped slightly from 2,525 square feet to 2,480 square feet in 2022, and the percentage of new homes with 3+ full bathrooms and 3+ car garages dipped to 33% and 17%, respectively. Read More
Industrial Flooring Market - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Flooring process is used to cover the ground surface of buildings by utilizing various covering materials such as tiles, carpets and vinyl. Industrial flooring is used as covering of the industrial buildings and manufacturing units. These flooring provides many benefits over conventional flooring such as easier common repair and maintenance requirements. Read More