Mohawk Posts Impressive 1Q Results From Better Volumes and Pricing
Mohawk Industries MHK reported first-quarter results that came in above our expectations, and we think a fair value estimate upgrade may be necessary to reflect the firm's ability to pass through raw...
View ArticleMohawk Reports an In-Line Fourth Quarter, Anticipates Flooring Demand Growth...
On Friday, Mohawk Industries MHK reported fourth-quarter results that came in line with our expectations, and we're maintaining our fair value estimate at $64 per share. For the three-month period...
View ArticleMohawk Industries under Review
Mohawk Industries MHK released third-quarter earnings that indicate the company is continuing to struggle with plunging volume, which is more than offsetting benefits from lower operating costs put in...
View ArticleDropping Coverage of Mohawk Industries
We're dropping coverage of Mohawk Industries MHK. We think Mohawk's focus on cost control and new product introductions will lead to stronger sales and earnings performance in 2012, as the firm...
View ArticleMohawk Snaps Back into the Black
Mohawk Industries MHK reported solid second-quarter results that put the company back on track to hit our full-year expectations. After posting dismal first-quarter results that included a significant...
View ArticleMohawk Reports 4Q Results
Mohawk Industries' MHK fourth-quarter results were decent, considering the state of the flooring business. The company was able to increase the operating margin, excluding charges and impairments, from...
View ArticleMohawk Looks to Be on the Mend
Mohawk Industries' MHK first-quarter results reflected another period of steep revenue declines that spurred a significant earnings loss. Sales declined 30% in quarter from 2008, and the company...
View ArticleMohawk Finishes 2014 on a High Note; Growth by Acquisition Strategy to...
No-moat Mohawk Industries reported strong fourth-quarter results as sales improved 1.4% but adjusted EPS gained 27% on operating margin expansion of 160 basis points. Excluding currency headwinds,...
View ArticleMohawk Displays Robust Margin Expansion Again in First Quarter, With...
No-moat Mohawk Industries reported strong first-quarter results as sales improved 4% and adjusted EPS gained 38% on operating margin expansion of 180 basis points to 9.6%. Excluding foreign currency...
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