General and administrative expense increased approximately $31.4 million to $118 million. The increase is primarily due to the acquisitions of flooring liquidators and PMW during fiscal year 2023. Sales and marketing expense increased approximately $8.9 million to $22.4 million. The increase is primarily due to increased sales personnel required in connection with the acquisition of Harris Flooring Group brands, increased convention and trade show activity in the flooring manufacturing segment, and an increase in sales force in the retail flooring segment.

Dec 12, 2024 / CFO / receipt, needs a key / David Barrett, CFO | earnings call 2024-12-12 | transcript c575f9b3-6672-46a3-abce-5f45b79622ce | chars 4145-4707 | segment 4