Articles

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. (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

The Home Depot announced sales for Q4 2022 were $35.8 billion, a 0.3% increase from Q4 2021’s $35.7 million. Read More

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

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

According to data released by the U.S. Department of Commerce, in the year 2022, the United States imported 202.7 million square meters of ceramic tile for a total value of $2.206 billion. Read More

Mohawk’s net sales for Q4 2022 were $2.7 billion, a 3.6% decline compared to Q4 2021’s $2.8 billion. Read More

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 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

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