Articles

“U.S. floor covering sales remained weak in the first quarter of 2025, and we are not surprised by the slow start,” the company stated. Sales continue to be impacted by slowing building construction spending, sluggish housing starts and weak existing home sales. The rise in interest rates in the first quarter stalled any recovery in these primary drivers of demand. Read More

As the luxury vinyl tile (LVT) market faces dual pressures from rising tariffs and increasing demand, manufacturers showcased strategic pivots at Q1 2025 trade shows, revealing an industry in transition. With Chinese imports now subject to a 45% tariff—up from 25% just months ago—and the global LVT market projected to reach $52.86 billion by 2030, North American manufacturers are ramping up investments in domestic production while exploring alternative supply chains throughout Southeast Asia. Read More

Sika has fully acquired HPS North America, a supplier of building finishing materials. HPS distributes Schönox branded products, manufactured by Sika Germany, in the U.S. market. Fully integrating this business into Sika USA will create a strong platform for further expansion in the building finishing segment and lead to significant efficiency gains. Read More

Home buyers continue to look toward smaller homes, with the median home size dropping from 2,200 square feet in 2023 to 2,150 square feet in 2024 — the lowest in 15 years — after holding strong at 2,300 square feet from 2019-2022. The same thing is happening to median lot sizes, which has dropped about 1,000 square feet in the last 15 years to 8,400 square feet. Read More

Lowe's reported net sales for Q4 were $18.6 billion, virtually even with Q4 2023’s $18.6 billion. Comparable sales for the quarter increased 0.2%, driven by high-single-digit Pro and online comparable sales, strong holiday performance, and rebuilding efforts in the wake of recent hurricanes, partially offset by continued near-term pressure in DIY discretionary spending. Read More

The Home Depot announced Q4 2024 sales were $39.7 billion, an increase of 14.1% from Q4 2023’s $34.8 billion. Comparable sales for Q4 2024 increased 0.8%, and comparable sales in the U.S. increased 1.3%. Read More

Daltile, Marazzi and American Olean have released their annual Trend Reports 2025. The brands’ product designers collaborated closely to agree upon what they view as the five hottest over-arching “interior design trends” for 2025. Read More

Angi’s 2024 State of Home Spending Report reveals that 93% of homeowners plan to take on home projects in 2025, even as total spending on home projects dropped by 12% in 2024. Read More

Coverings, North America’s largest global showcase of ceramic tile and natural stone, has revealed the must-see annual tile trends in commemoration of National Tile Day, February 23. The curated selection of global tile trends for 2025 spotlights a fusion of time-honored craftsmanship and cutting-edge innovation, setting the stage for what’s next in ceramic tile and reaffirming its role at the forefront of design and installation. Read More

Floor & Decor net sales of $1.11 billion in Q4 2024, a 5.7% increase from Q4 2023’s $1.05 billion. Comparable store sales decreased 0.8%. Read More