Lowe's Q3 Sales Up 3%, Earnings Down Slightly
Mooresville, NC, November 19, 2025—Lowe's reported total sales for Q3 2025 were $20.8 billion, a 3% increase compared to $20.2 billion in the prior-year quarter.
Today's Flooring News
Keep up to date with the most recent news in the flooring industry. Today's News...As it happens! We update this news several times a day so you can stay connected.
Architecture Billings Index Score Rose to 47.6 in October
Washington, DC, November 19, 2025—The American Institute of Architects’ (AIA) Architecture Billings Index (ABI) score rose to 47.6 in October from 43.3 in September, indicating that while a majority of firms still saw a decline in their billings, the share was smaller than it was last month.
Mortgage Applications Declined 5.2% in Week Ending November 14
Washington, DC, November 19, 2025-Mortgage applications decreased 5.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 14, 2025.
Nature Flooring Names Jon Hammel VP of OEM Segment
Malvern, PA, November 19, 2025-Nature Flooring Industries (NFI), an OEM and ODM manufacturer of flooring and home products, announced the appointment of John Hammel as vice president of its OEM business segment.
Ralph Boe Tapped as Consultant for TrueFloor's New Carpet Offering
New Smyrna Beach, FL, November 19, 2025-Industry veteran Ralph Boe has joined TrueTouch Floors as a consultant for its Soft Touch Carpet in the U.S. and Europe.
The Dixie Group Names Jason Hair VP of National Accounts
Dalton, GA, November 19, 2025—The Dixie Group (TDG) has announced the addition of Jason Hair to its organization.
Spec-ID Launches Spec-Connect AI
Charlottesville, VA, November 19, 2025—Spec-ID, a developer in specification data management, announced the launch of its newest patent-pending technology: Spec-Correct AI.
Home Depot Q3 Sales Up 2.8%, Earnings Down 1.3%
Atlanta, GA, November 18, 2025—The Home Depot reported sales of $41.4 billion for Q3 2025, an increase of 2.8% from Q3 2024’s $42.5 billion.
Builder Confidence Rose 1 Point to 38 in November
Washington, DC, November 18, 2025—Builder confidence in the market for newly built single-family homes rose one point to 38 in November, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
Commercial Construction Spending Declined 0.2% in August
Washington, DC, November 18, 2025—National nonresidential construction spending decreased 0.2% in August, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau.