| | | Feb 23, 2022 / The Right News Right When It Happens | | Top Story | | | | Lowe's Grew Sales 5% in Q4, Earnings Rose 23% | | Mooresville, NC, February 23, 2022-Lowe's reported Q4 2021 sales were $21.3 billion, a 5% increase compared to $20.3 billion in Q4 2020. | | |
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| | Today's Flooring News | | | | Architecture Billings Held Steady at 51 in January | | Washington, DC, February 23, 2022-The Architecture Billings Index (ABI) score for January was 51.0 compared to 51.0 in December, according to a new report from The American Institute of Architects (AIA). | | |
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| | | | LL Flooring Sales & Income Declined in Q4 | | Richmond, VA, February 23, 2022-LL Flooring reported net sales of $285.3 million for Q4 2021, a decrease of 6.2% compared to the prior year period’s $304.2 million. | | |
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| | | | Oil Prices Near $100/Barrel as Tensions Rise Around Russia-Ukraine | | Houston, TX, February 23, 2022-Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply concerns that have kept oil prices near $100 a barrel, reports Reuters. | | |
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| | | Kährs Names Best Distribution Partners of 2021 | | Altamonte Springs, FL, February 23, 2022-On February 10, Kährs recognized top performing partners from 2021 across three categories: retailer, distributor, and individual salesperson. | | |
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| | | Mortgage Applications Declined 13.1% in Week Ending February 18 | | Washington, DC, February 23, 2022-Mortgage applications decreased 13.1% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February 18, 2022. | | |
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| | | American Sentiment Low Despite Economic Boom | | New York, NY, February 23, 2022-Americans normally are happiest when the economy is growing rapidly, reports the Wall Street Journal. | | |
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| | | U.S. Xpress Launching Logistics Training Program | | Chattanooga, TN, February 23, 2022-The trucking giant U.S. Xpress Enterprises Inc. plans to convert some of its headquarters facility vacated by shifting more workers to remote jobs to a new Future Ready Institute to train more students in information technology and other job skills needed to serve the growing logistics industry in Chattanooga, reports the Chattanooga Times Free Press. | | |
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| Featured Video | | | | Floris Koopmans Showcases Unilin Technologies' Latest Flooring Innovations | | February 23, 2022—Floris Koopmans, director of sales with Unilin Technologies, and Kemp Harr discuss Unilin’s new non-PVC coreboard, squar | | |
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