乔治亚州卡尔洪, April 06, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc.（纽约证券交易所代码：MHK）将于 2025 年 5 月 1 日（星期四）发布 2025 年第一季度财报，并诚邀您收听公司于 2025 年 5 月 2 日（星期五）美国东部时间上午 11:00 实时直播的财报电话会议。 内容: Mohawk Industries 第一季度财报电话会议 时间: 2025 年 5 月 2 日 美国东部时间上午 11:00 网址: www.mohawkind.com 选择“投资者”标签 方式: 网上实况直播——只需通过上述网址登录，或 访问以下链接注册参加电话会议：https://dpregister.com/sreg/10198186/feca56553a 直播电话会议：拨打 1-833-630-1962（美国/加拿大） ...

Company Overview - Mohawk Industries is the leading global flooring manufacturer, producing a wide range of products for residential and commercial spaces worldwide [2] - The company has transformed from an American carpet manufacturer into the world's largest flooring company over the past two decades, with operations in North America, Europe, South America, Oceania, and Asia [2] - Mohawk's vertically integrated manufacturing and distribution processes provide competitive advantages in producing various flooring types, including carpet, rugs, ceramic tile, laminate, wood, stone, and vinyl [2] Upcoming Earnings Call - Mohawk Industries will release its First Quarter 2025 earnings on May 1, 2025, followed by a conference call on May 2, 2025, at 11:00 am ET [1] - The conference call will be available live over the internet and can be accessed through the company's website [1] - For those unable to attend the live call, a replay will be available until June 2, 2025, and can be accessed via specific phone numbers [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [Mark One] ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 01-13697 (Commission File Number) MOHAWK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) | Delaware | 52-1604305 | | --- | --- | | (Stat ...

Core Insights - The article provides an update on Mohawk Industries (NYSE: MHK) following a previous recommendation to buy, based on expectations that lower mortgage rates will enhance consumer spending confidence and housing demand [1] Group 1: Investment Philosophy - The company adopts a fundamentals-based approach to value investing, emphasizing that low multiple stocks are not necessarily cheap [1] - The focus is on identifying companies with long-term durability, steady growth, and strong balance sheets, rather than those that are cyclical [1] - There is an acknowledgment of the risks involved in investing in successful companies, particularly the potential to overpay, highlighting the importance of valuation [1] Group 2: Market Outlook - The expectation is that the development runway for certain companies is so significant that immediate price considerations may be less critical [1]

卡尔霍恩，佐治亚州, Feb. 08, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc.（纽约证券交易所代码：MHK）今日宣布，其 2024 年第四季度净收益为 9,300 万美元，每股收益（“EPS”）为 1.48 美元；调整后净收益为 1.23 亿美元，调整后 EPS 为 1.95 美元。 2024 年第四季度净销售额为 26 亿美元，据报告同比增长 1.0%，调整后同比下降 1.0%。 2023 年第四季度，该公司报告净销售额为 26 亿美元，净收益为 1.40 亿美元，EPS 为 2.18 美元；调整后净收益为 1.25 亿美元，调整后 EPS 为 1.96 美元。 在截至 2024 年 12 月 31 日的年度内，净收益和 EPS 分别为 5.18 亿美元和 8.14 美元；调整后净收益为 6.17 亿美元，调整后 EPS 为 9.70 美元。 在截至 2024 年 12 月 31 日的年度内，净销售额为 108 亿美元，按报告同比下降 2.7%，调整后同比下降 3.3%。 在截至 2023 年 12 月 31 日的年度内，公司报告的净销售额为 111 ...

Financial Data and Key Metrics Changes - Net sales for Q4 2024 were approximately $2.6 billion, consistent with the prior year, with a slight increase of 1% as reported but a decrease of 1% on a constant basis [7][18] - Full year net sales were approximately $10.8 billion, down approximately 3% as reported and on a constant basis [8] - Adjusted EPS for Q4 was $1.95, in line with the prior year, while adjusted EPS for the full year was $9.70, reflecting a 6% increase despite a soft market [7][9][15] - Gross margin for the quarter was 23.6%, with an operating income margin of 4.6% on a reported basis [19] Business Line Data and Key Metrics Changes - Global Ceramic segment had sales of just over $1 billion, a 1.5% increase as reported, with operating income on an adjusted basis at 5.3%, a 50 basis point increase over the prior year [21] - Flooring North America segment reported sales of just over $930 million, a 2.8% increase as reported, but a decline of 0.5% on a constant basis, with adjusted operating income at 5.7%, a decline of 120 basis points [22][23] - Flooring Rest of the World segment had sales just shy of $700 million, a 2.1% decrease as reported and a decline of 4.8% on a constant basis, with an adjusted operating margin of 10%, declining 60 basis points [24] Market Data and Key Metrics Changes - 55% of sales were in the US, and 45% were in other geographies, with the company maintaining leading flooring positions on four continents [9] - The US housing market faced significant challenges, with existing home sales falling to a 30-year low, impacting consumer confidence and discretionary spending [10][11] - Central banks in various regions lowered interest rates, but the impact on housing turnover was negligible [11] Company Strategy and Development Direction - The company focused on stimulating sales through innovative product launches, marketing actions, and promotional programs to enhance productivity and reduce costs [14][15] - Restructuring actions initiated last year are expected to yield annualized savings of approximately $285 million by 2026 [43][120] - Capital expenditures in 2025 are planned at approximately $520 million, primarily focused on product innovation and cost reduction projects [26] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence that markets will return to historical levels, although the timing of recovery remains unpredictable [41] - The company anticipates ongoing softness in markets during Q1 2025 due to elevated interest rates and weakness in housing [42] - Increased material and labor costs are expected to reduce margins, with management actively seeking ways to reduce expenses and improve processes [43][44] Other Important Information - The company generated free cash flow of $680 million for the full year and repurchased 1.3 million shares for $161 million [16] - The company ended the year with available liquidity of $1.6 billion and a debt leverage of 1.1 times [16] Q&A Session Summary Question: Q1 earnings guidance and seasonal trends - Management expects Q1 to Q2 to exhibit normal seasonal improvements, excluding impacts from the order management system [56] Question: Natural gas prices and pricing strategy - Management noted that US gas prices have increased, impacting costs, and it will be challenging to fully recover these costs through pricing [58][59] Question: Impact of Flooring North America system issues - The estimated impact on Q1 operating income from missed sales is between $25 million and $30 million, with extraordinary costs accounting for $15 million to $20 million [66] Question: Competitive dynamics and pricing pressures - Management acknowledged that underutilization in the category puts pressure on pricing, but operational performance has been strong [76] Question: Long-term margin goals - Management remains focused on achieving higher margins, but recovery is expected to take multiple years due to current market conditions [84][86] Question: Cash flow and M&A strategy - The company plans to increase investments in the business as the market improves and will continue to buy back shares as part of its cash usage strategy [90][91] Question: Capacity utilization and pricing - Current capacity utilizations are between 70% to 80%, and historically, higher utilization leads to better pricing power [115][116]

Mohawk Industries, Inc. (MHK) reported better-than-expected results for the fourth quarter of 2024, with adjusted earnings and revenues topping the Zacks Consensus Estimate. The top line increased year over year while the bottom line declined.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarter’s performance reflects benefits realized from the sales actions, restructuring initiatives and productivity improvements undertaken by the company. Furthermore, the product introductions ma ...

Mohawk Industries (MHK) reported $2.64 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 1%. EPS of $1.95 for the same period compares to $1.96 a year ago.The reported revenue represents a surprise of +2.77% over the Zacks Consensus Estimate of $2.57 billion. With the consensus EPS estimate being $1.88, the EPS surprise was +3.72%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...

Mohawk Industries (MHK) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.72%. A quarter ago, it was expected that this flooring maker would post earnings of $2.89 per share when it actually produced earnings of $2.90, delivering a surprise of 0.35%.Over the last four quarters, the co ...

NEWS RELEASE For Release: Immediately Contact: James Brunk, Chief Financial Officer (706) 624-2239 MOHAWK INDUSTRIES REPORTS Q4 RESULTS Calhoun, Georgia, February 6, 2025 — Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2024 net earnings of $93 million and earnings per share ("EPS") of $1.48; adjusted net earnings were $123 million, and adjusted EPS was $1.95. Net sales for the fourth quarter of 2024 were $2.6 billion, an increase of 1.0% as reported and a decrease of 1.0% on an adjusted ...