Floor and Décor's Q2 Sales Down 0.2%, Earnings Down 20.7%
Atlanta, GA, August 5, 2024-Floor and Décor reported net sales of $1.1133 billion for Q2 2024, a decrease of 0.2% from $1.136 billion in Q2 2023. Comparable store sales decreased 9.0%.
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.
Construction Industry Added 25,000 Jobs in July
Washington, DC, August 5, 2024—The construction industry added 25,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.
CFI FCICA Trade Show Slated for October in Florida
Glen Ellyn, IL, August 5, 2024—The CFI FCICA 2024 Convention and Trade Show will be held October 1 to 3.
AFS Group Adds Ferritto and Combs
Columbus, OH, August 5, 2024-AFS Group is pleased to announce the appointment of Chris Ferritto as president of AFS Builder and Brian Combs as chief business development officer.
Louisville Tile Opens New Cincinnati Showroom
Cincinnati, OH, August 5, 2024—Louisville Tile Distributors, a distributor of ceramic tile and related products, announced the grand opening of its new showroom and contractor pro shop located at 8856 Beckett Road, Cincinnati, Ohio 45069.
Healthy Home Flooring's License Revoked
Phoenix, AZ, August 5, 2024-On April 23, the Arizona Registrar of Contractors revoked the license of Healthy Home Flooring LLC.
Tarkett Group Revenues Down, Profits Up for First Half of 2024
Paris, France, August 2, 2024--Tarkett Group’s net revenue for Q2 2024 was down by 2.1%, and -1.8% on a like-for-like basis, compared to Q2 2023.
Lorberbaum Details Cost Cutting, Strategic Investments On Recent Earnings Call
Calhoun, GA, August 2, 2024--Citing the impact of elevated mortgage rates, high home prices and the "locked-in" effect on the housing market and, thus, the flooring remodeling market, Mohawk chairman and CEO Jeff Lorberbaum detailed some of the company's cost cutting measures during its recent Q2 earnings call.
King Business Interiors and Steinberger Floors Join Fuse
Laguna Niguel, CA, August 2, 2024--Fuse Alliance, a national network of independent commercial flooring contractors, announces the addition of King Business Interiors and Steinberger Floors to its growing membership.
Private Residential Construction Spending Down in June but Up YOY
Washington, D.C., August 2, 2024--Private residential construction spending was down 0.3% in June after a dip of 0.7% in the prior month, according to the Census Construction Spending data.