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Home » financial insights

Articles Tagged with ''financial insights''

LL Flooring Logo 2023.jpg

LL Flooring Files for Bankruptcy

FLOOR Trends & Installation Editors
August 12, 2024

LL Flooring said it plans to continue operations and close 94 stores. 


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The Dixie Group

The Dixie Group Reports Improved Profitability and Operational Efficiency in Q2 Despite Challenging Market Conditions

FLOOR Trends & Installation Editors
August 8, 2024

The Dixie Group said it continues to focus on new product launches and cost-saving initiatives to navigate the challenging housing and home remodeling market. 


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Bureau of Economic Analysis.jpg

U.S. Trade Deficit Decreases to $73.1 Billion in June 2024

FLOOR Trends & Installation Editors
August 8, 2024

The latest data from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis reveals a mixed picture for U.S. trade, with year-to-date trends showing a widening deficit compared to 2023.


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Floor & Decor

Floor & Decor Reports Q2 Earnings Decline Amid Market Headwinds

FLOOR Trends & Installation Editors
August 2, 2024

Floor & Decor Holdings, Inc. reported its Q2 fiscal 2024 results, showing a decline in sales and earnings due to challenging market conditions and adjusted 2025 expansion plans. 


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QEP Co

QEP Continues to Invest in Sales Teams Amid Continued Market Softening

FLOOR Trends & Installation Editors
July 31, 2024

During the prior fiscal year, QEP completed several strategic divestments to streamline operations and concentrate resources on its core product lines in the North American market.

 

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Tarkett Logo

Tarkett North America Reports Mixed Results for First Half of 2024

FLOOR Trends & Installation Editors
July 29, 2024

The Residential segment was penalized by inflation and rising mortgage rates, which have led to a sharp reduction in new construction and renovation projects.



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logo

Mohawk Reports 2Q Earnings Beat Expectations Amid Soft Market Conditions

FLOOR Trends & Installation Editors
July 26, 2024

The company's performance reflected focus on sales initiatives, cost containment, and restructuring actions. 



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Synchrony IME

Floor & Decor Teams Up with Synchrony, IME to Streamline Financing for Professional Installations

FLOOR Trends & Installation Editors
June 5, 2024

Floor & Decor cardholders can use their credit card, issued by Synchrony, to finance both the materials and installation, so they can pay for their entire project over time.



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Synchrony and ServiceTitan

Synchrony and ServiceTitan Partner to Streamline Home Improvement Financing

FLOOR Trends & Installation Editors
June 4, 2024

Synchrony, a consumer finance company, and ServiceTitan, a software platform built to power the trades, announced the integration of Synchrony financing into the ServiceTitan platform, making it easier for contractors to offer financing to their customers.


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The-Tile-Shop-logo

Tile Shop Holdings Reports 10.1% Decrease in Net Sales for Q1 2024

FLOOR Trends & Installation Editors
May 13, 2024

The company attributes the decrease to lower levels of traffic in stores due to softness in the housing market.


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