Home Depot Q2 Sales Up 0.6% with SRS Acquisition, Earnings Down
Atlanta, GA, August 13, 2024—The Home Depot reported sales of $43.2 billion for Q2 2024, an increase of 0.6% from Q2 2023’s $42.9 billion.
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.
CFL's New Vietnam Facility Set to Ship Product in Q4 2024
Adairsville, GA, August 13, 2024—CFL Flooring (Creative Flooring Solutions), a manufacturer of SPC and hybrid flooring products, has announced the construction of its new manufacturing facility in North Vietnam is well underway, with first shipments due in Q4 of this year.
Producer Prices Rose 0.1% in July
Washington, DC, August 13, 2024—The Producer Price Index for final demand increased 0.1% in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported.
LL Flooring Identifies 94 Stores It Plans to Close
Richmond, VA, August 13, 2024-In light of its Chapter 11 filing, LL Flooring has announced which stores it will be closing.
Small Business Optimism Rose to 93.7 in July
Washington, DC, August 13, 2024—The NFIB Small Business Optimism Index rose 2.2 points in July to 93.7, the highest reading since February 2022.
Construction Input Prices Rose 0.4% in July
Washington, DC, August 13—Construction input prices increased 0.4% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data.
China's Ningbo Terminal Closure to Slow Global Supply Chain
Shanghai, China, August 13, 2024–ContainerxChange, an online container trading and leasing marketplace, is alerting the global container trading and leasing community to the serious repercussions of the recent explosion aboard the Yang Ming vessel YM Mobilit at Ningbo Port, China.
Meridian Adhesives Names Mike Humby Chief Commercial Officer
Charlotte, NC, August 13, 2024-Meridian Adhesives Group, owner of Taylor, announced the appointment of Mike Humby as chief commercial officer (CCO).
LL Flooring Files for Chapter 11, Sullivan Resigns from Board
Richmond, VA, August 12, 2024-"LL Flooring, formerly known as Lumber Liquidators, filed for Chapter 11 bankruptcy late Sunday night,” reports Yahoo Business.
Lot Supply Tightened by 9.5% in Q2
Washington, DC, August 12, 2024—The New Home LSI, backed by data from Zonda, showed lot supply tightened year-over-year across the United States, as well as quarter-over-quarter.