| | | Oct 31, 2024 / The Right News Right When It Happens | | Top Story | | | | Floor & Décor Sales Up 0.9% in Q3, Earnings Down 21.6% | | Atlanta, GA, October 31, 2024—Floor & Décor announced net sales of $1,117.9 million for Q3 2024, an increase of 0.9% from $1,107.8 million in Q3 2023. Comparable store sales decreased 6.4%. | | |
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| | Today's Flooring News | | | | Personal Income Rose 0.3% in September | | Washington, DC, October 31, 2024—Personal income increased $71.6 billion (0.3% at a monthly rate) in September, according to estimates released by the U.S. Bureau of Economic Analysis. | | |
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| | | | Homeownership Rate for 35 and Under Dropped to 37% in Q3 | | Washington, DC, October 31, 2024--Amidst elevated mortgage interest rates and tight housing supply, housing affordability is at a multidecade low, reports the National Association of Home Builders. | | |
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| | | | Retailers at High Point Market Optimistic About 2025 | | High Point, NC, October 31, 2024—"Retailers attending High Point Market are expecting better times ahead and as early as the first half of 2025, according to a TD Bank survey taken Oct. 26-28 at the fall market,” reports Furniture Today. | | |
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| | | I4F Expands Partnership with Lioncore | | Turnhout, Belgium, October 31, 2024-I4F, a group of companies providing patents and technologies to the flooring industry, announced that Lioncore Industries Vietnam Co. Ltd. has signed an additional license agreement for I4F’s new HerringB/ONE, single panel drop-lock system. | | |
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| | | Stump Reports on Fall 2024 High Point Market | | Charlotte, NC, October 31, 2024—The Stump team spent six days at the Fall High Point Furniture Market and issued the following report, | | |
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| | | Initial Jobless Claims Declined by 12,000 in Week Ending October 26 | | Washington, DC, October 31, 2024-In the week ending October 26, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 12,000 from the previous week's revised level, according to the Department of Labor. | | |
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