Extended Remodeling Slowdown Hits Flooring Industry, Mohawk Says -- Market Talk

Dow Jones

2025/10/25

1252 ET - The remodeling downcycle has now lasted more than three years, serving as an extended drag on the flooring industry, says flooring manufacturer Mohawk Industries. "Across our geographies, consumer uncertainty continues to limit discretionary spending on large projects, particularly if financing with debt is required," says Chief Executive Jeffrey Lorberbaum on the company's earnings call. Meanwhile, a stagnant housing market has reduced new construction activity and taken away the company's principal remodeling customers. The company says U.S. consumers spend five times as much on remodeling their flooring in the first year after buying a home compared with non-movers. (nicholas.miller@wsj.com)

(END) Dow Jones Newswires

October 24, 2025 12:52 ET (16:52 GMT)

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Meanwhile, a stagnant housing market has reduced new construction activity and taken away the company's principal remodeling customers. The company says U.S. consumers spend five times as much on remodeling their flooring in the first year after buying a home compared with non-movers. (nicholas.miller@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 24, 2025 12:52 ET (16:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Extended Remodeling Slowdown Hits Flooring Industry, Mohawk Says -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExtended Remodeling Slowdown Hits Flooring Industry, Mohawk Says -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-10-25 00:52</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1252 ET - The remodeling downcycle has now lasted more than three years, serving as an extended drag on the flooring industry, says flooring manufacturer Mohawk Industries. \"Across our geographies, consumer uncertainty continues to limit discretionary spending on large projects, particularly if financing with debt is required,\" says Chief Executive Jeffrey Lorberbaum on the company's earnings call. Meanwhile, a stagnant housing market has reduced new construction activity and taken away the company's principal remodeling customers. The company says U.S. consumers spend five times as much on remodeling their flooring in the first year after buying a home compared with non-movers. (nicholas.miller@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 24, 2025 12:52 ET (16:52 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票月供概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2578760546","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2578760546","pubTimestamp":1761324720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1252 ET - The remodeling downcycle has now lasted more than three years, serving as an extended drag on the flooring industry, says flooring manufacturer Mohawk Industries. \"Across our geographies, consumer uncertainty continues to limit discretionary spending on large projects, particularly if financing with debt is required,\" says Chief Executive Jeffrey Lorberbaum on the company's earnings call. Meanwhile, a stagnant housing market has reduced new construction activity and taken away the company's principal remodeling customers. The company says U.S. consumers spend five times as much on remodeling their flooring in the first year after buying a home compared with non-movers. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK4563":"昨日强势股","ATER":"Aterian Inc.","BK4095":"家庭装饰品","LU0205194284.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD) INC AV","MHK":"莫霍克工业公司","BK4191":"家用电器","LU0205193047.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD)  ACC","BK4588":"碎股"},"translate_title":"莫霍克表示，改造长期放缓打击了地板行业——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MHK":1.5,"ATER":1.5},"content_text":"1252 ET - The remodeling downcycle has now lasted more than three years, serving as an extended drag on the flooring industry, says flooring manufacturer Mohawk Industries. \"Across our geographies, consumer uncertainty continues to limit discretionary spending on large projects, particularly if financing with debt is required,\" says Chief Executive Jeffrey Lorberbaum on the company's earnings call. Meanwhile, a stagnant housing market has reduced new construction activity and taken away the company's principal remodeling customers. The company says U.S. consumers spend five times as much on remodeling their flooring in the first year after buying a home compared with non-movers. (nicholas.miller@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 24, 2025 12:52 ET (16:52 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}