Today's Flooring News

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Lowe's Sales Rose 2.6% in Q4, Earnings Positive

Lowe's Sales Rose 2.6% in Q4, Earnings Positive

Mooresville, NC, February 26, 2020—Lowe's Companies reported sales for Q4 2019 rose 2.6%, compared to Q4 2018, and comparable sales increased 2.5%. Comparable sales for the U.S. home improvement business increased 2.6% for Q4.

Single-Family Home Sales Up 18.6% YOY in January

Single-Family Home Sales Up 18.6% YOY in January

Washington, DC, February 26, 2020—Sales of new single-family houses in January 2020 were at a seasonally adjusted annual rate of 764,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development, 7.9% above the revised December rate of 708,000 and is 18.6% above the January 2019 estimate of 644,000.