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Mohawk(MHK) - 2024 Q2 - Earnings Call Presentation
2024-08-04 18:23
| --- | --- | --- | --- | --- | |---------------------|-------|-------|-----------------------|---------| | | | | | | | | | | | | | | | | | Q2 2024 | | mohawkind.com | | | | | | NYSE: MHK July 2024 | | | Investor Presentation | | Forward-looking Statements & Non-GAAP Numbers Certain of the statements in this presentation, particularly anticipating future performance, business prospects, growth and operating strategies and similar matters and those that include the words "could," "should," "believes," "antic ...
Mohawk Industries 公布第二季度业绩
GlobeNewswire Inc.· 2024-07-27 10:36
, July 27, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc.MHK 2024 1.57 "EPS" 2.46 1.92 3.00 2024 28 5.1% 4.5% 2023 30 1.01 1.58 1.76 2.76 2024 6 29 2.62 4.10 3.1 4.85 2024 55 4.8% 5.0% 2023 7 1 58 1.81 2.84 2.88 4.51 Jeff Lorberbaum " 1.42 2.39 9000 75.5 1.2% "" 1 2000 2500 4000 1.3 2025 2026 3.4% 2.9% 7.4% 8.5% 5 10 U.S. ceramic tile trade association 400% 800% 8.3% 7.0% 9.0% 12.6% 6 6 LVT 4.3% 8.2% 8.6% LVT 2.80 2.90 " MOHAWK INDUSTRIES Mohawk Industries Mohawk American OleanDaltileElianeElizabethFeltex ...
Earnings and a Bullish Upgrade Sent This Flooring Company's Stock Flying
Investopedia· 2024-07-26 20:20
Flooring manufacturer Mohawk Industries reported second-quarter revenue and earnings in line with analysts' expectations. Meanwhile, Bank of America analysts upgraded the stock to "buy" from "underperform," lifting their share-price target. The stock jumped Friday, pulling its year-to-date gain above 50%. Mohawk's stock, which rose nearly 20% on Friday, jumped after the flooring manufacturer reported secondquarter EPS of $2.46 and net sales of $2.8 billion, in line with analysts' expectations, per Visible A ...
Mohawk(MHK) - 2024 Q2 - Earnings Call Transcript
2024-07-26 19:57
James Brunk Laura Champine Jeffrey Lorberbaum Jeffrey Lorberbaum Ladies and gentlemen, with that, we'll conclude today's conference call and presentation. We do thank you for joining. You may now disconnect your lines. Across our regions, new home construction is needed to satisfy demand; and aging homes will require remodeling to meet homeowners' needs. In addition, new commercial projects will be initiated as the economy strengthens, and our product investments will enhance our participation. As the world ...
Here's What Key Metrics Tell Us About Mohawk Industries (MHK) Q2 Earnings
ZACKS· 2024-07-25 23:00
For the quarter ended June 2024, Mohawk Industries (MHK) reported revenue of $2.8 billion, down 5.1% over the same period last year. EPS came in at $3.00, compared to $2.76 in the year-ago quarter. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. View all Key Company Metrics for Mohawk Industries here>>> While investors scrutinize revenue and earnings changes ye ...
Mohawk Industries (MHK) Q2 Earnings Top Estimates
ZACKS· 2024-07-25 22:22
Mohawk Industries (MHK) came out with quarterly earnings of $3 per share, beating the Zacks Consensus Estimate of $2.76 per share. This compares to earnings of $2.76 per share a year ago. These figures are adjusted for non-recurring items. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. It will be interesting to see how estimates for the coming quarters and c ...
Mohawk(MHK) - 2024 Q2 - Quarterly Results
2024-07-25 20:20
NEWS RELEASE reported, or 7.0% on an adjusted basis, versus the prior year. The Segment's operating margin was 9.0% as reported, or 12.6% on an adjusted basis, as a result of the unfavorable impact of price and product mix and more restructuring costs, partially offset by lower input costs and productivity gains. In Europe, market conditions To participate in the conference call via the Internet, please visit http://ir.mohawkind.com/events/eventdetails/mohawk-industries-inc-2nd-quarter-2024-earnings-call. T ...
Mohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near
Seeking Alpha· 2024-07-23 16:34
JazzIRT/E+ via Getty Images Financial performance achieved by Mohawk Industries has not been particularly great over the past year or so. To see this, we need only look at financial performance covering 2022 and 2023. During the 2023 fiscal year, revenue for the business came in at $11.14 billion. That happens to be 5.1% lower than the $11.74 billion generated According to management, the pain for the company was driven largely by lower legacies sales volumes in the amount of $743 million. Unfavorable prici ...
Mohawk (MHK) Gears Up to Post Q2 Earnings: What's in Store?
ZACKS· 2024-07-23 16:15
Mohawk Industries, Inc. (MHK) is scheduled to report second-quarter 2024 results on Jul 25, after market close. MHK's earnings surpassed expectations in each of the trailing four quarters, with an average of 5.6%. The Zacks Consensus Estimate for Mohawk's second-quarter earnings per share (EPS) remained stable at $2.75 over the past 60 days, depicting a 0.4% decline from the prior-year period. Factors to Note We expect net sales in the Global Ceramic to decline 3.6% year over year to $1.1 billion, Flooring ...
Mohawk 在 2023 年影响力报告中重点介绍可持续发展进展
GlobeNewswire Inc.· 2024-07-17 19:57
佐治亚州卡尔霍恩, July 18, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) 今天发布了其第 15 份年度影响力报告 Surfaces with Purpose,该报告记录了公司在 2023 年实现可持续发展目标方面取得的进展,并分享了全球范围内体现 Mohawk 对人类和地球承诺的各项活动。 董事长兼首席执行官 Jeff Lorberbaum 表示:“可持续发展不仅是一种良好的理念,更是良好的商业实践。 本公司致力于为投资商、客户、员工和社区创造成果。 我们的产品采用可持续生产实践制造,有助于降低我们的碳足迹,节约资源,并广泛利用大量回收材料,过去十年间使用了近 600 亿个塑料瓶。” Mohawk 的卓越人才团队和先进制造设施遍布 19 个国家,是全球规模最大的地板制造商。 该公司提供迎合当地市场偏好的综合性住宅与商业产品组合,包括各类广泛的可持续产品。 首席可持续发展官 Malisa Maynard 表示:“对于客户而言,这份报告为他们提供机会,了解 Mohawk 通过可持续产品和实践所产生的影响。 Mohawk 致力于通 ...