| | | Feb 21, 2025 / The Right News Right When It Happens | | Top Story | | | | Floor & Decor Comp Sales Down 0.8% in Q4, Earnings up 28.1% | | Atlanta, GA, February 21, 2025-Floor & Decor net sales of $1.11 billion in Q4 2024, a 5.7% increase from Q4 2023’s $1.05 billion. | | |
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| | Today's Flooring News | | | | January Existing-Homes Sales Down 4.9% from Dec., Up 2% YOY | | Washington, DC, February 21, 2025—Total existing-home sales descended 4.9% from December to a seasonally adjusted annual rate of 4.08 million in January according to the National Association of Realtors. Year-over-year, sales improved 2.0% (up from 4 million in January 2024). | | |
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| | | | Consumer Sentiment Declined 9.8% in February | | Ann Arbor, MI, February 21, 2025—Consumer sentiment declined 9.8% in February to 64.7, according to final results from the University of Michigan Survey of Consumers. | | |
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| | | | Kährs Q4 Sales Down 11%, 4% Decline in North America Sales | | Malmo, Sweden, February 21, 2025—Kährs reported Q4 sales of amounted to $51.24 million, which was a decrease of -11% from the prior year’s $57.54 million. | | |
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| | | Median Income Earners Spent 38% of Income on Mortgage in Q4 | | Washington, DC, February 21, 2025—In a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in Q4 2024, a family earning the nation’s median income of $97,800 needed 38% of its income to cover the mortgage payment on a median-priced new home. | | |
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| | | Coverings Releases Top Tile Trends in Honor of National Tile Day | | Orlando, FL, February 21, 2025—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. | | |
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| Featured Video | | | | Jeff Meadows Showcases Mohawk's Outlook and Product Focus for 2025 | | February 21, 2025—Jeff Meadows, President of Sales for Mohawk’s residential business, and Kemp Harr showcase Mohawk’s outlook and pr | | |
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