Live Ventures, a Las Vegas-based holding company that operates in steel manufacturing, retail and flooring, including the Harris Flooring Group, reported third-quarter 2025 revenue of $112.5 million, down 9.2% from $123.9 million in the third quarter of 2024.
The company attributed this loss to revenue decreases in the retail-flooring and steel manufacturing segments.
Live Ventures reported revenue in the retail-flooring segment of $30.4 million in the third quarter of 2025, a 17.9% decrease from $36.9 million in the third quarter of 2024.
Third quarter net income was $5.4 million, up from a net loss of $2.9 million in the prior year.
“All four of our operating segments delivered improved performance in the third quarter of fiscal year 2025, with each reporting higher operating income and operating margin compared to the prior-year period. These positive trends were achieved despite ongoing softness in the new home construction and home refurbishment markets, which continue to pressure the Retail-Flooring and Flooring Manufacturing segments, where decreased consumer demand has impacted revenues,” Live Ventures CFO David Verret said in a statement.
Read the full third-quarter report here.
