, Nov. 08, 2024 (GLOBE NEWSWIRE) --  Mohawk Industries, Inc. (NYSE: MHK) Chris Wellborn Paul De Cock 2025 2 1 Wellborn Ken Walma 2025 2 1 De Cock Flooring North America Wellborn Mohawk Mohawk Jeff Lorberbaum " Chris Chris 140 /" Lorberbaum "Paul 2005 Flooring North America Flooring North America Paul Flooring Rest of the World  Flooring Unilin North America 1997 Unilin Group Mohawk Paul" Lorberbaum " Paul Ken Walma Flooring North America Ken Madison Air Air Movement & Heat Group Signify Eaton Corporatio ...

CALHOUN, Ga., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced the planned retirement of Chris Wellborn, President and Chief Operating Officer and the promotion of Paul De Cock to succeed Mr. Wellborn effective February 1, 2025. The Company also announced that Ken Walma is joining the organization and will succeed Mr. De Cock as President of the Flooring North America Segment on February 1, 2025, after acquiring comprehensive knowledge of the Company’s operations. Follow ...

Following my coverage on Mohawk Industries (NYSE: MHK ) in Aug'24, for which I recommended a buy rating due to my expectation that the growth outlook remains positive as I expected rates to get cut, this post I take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to c ...

If you like to see more ideas, please subscribe to the premium service "Value in Corporate Events" here and try the free trial. In this service we cover major earnings events, M&A, IPOs and other significant corporate events with actionable ideas. Furthermore, we provide coverage of situations and names on request! In the spring of 2023, I believed that shares of Mohawk Industries (NYSE: MHK ) were finding a floor around the $100 mark. The company was seeing earnings being pressured following the correction ...

, Oct. 26, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (MHK) 2024 1.62 ("EPS") 2.55 1.84 2.90 2024 27 1.7% 2.1% 2023 28 7.6 11.94 1.74 2.72 2023 8.76 2024 9 28 4.25 6.66 4.94 7.75 2024 82 3.8% 4.0% 2023 9 30 85 5.79 9.10 4.62 7.23 Jeff Lorberbaum " 2.04 4.43 4.5 1 3.1% 2.2% 7.9% 8.6% 2024 11 2024 8 3.5% 6.3% 9.9% 10.5% SKU 1.2% 7.5% 9.1% LVT 2500 4000 1.77 1.87 2025 " MOHAWK INDUSTRIES Mohawk Industries Mohawk American OleanDaltileElianeElizabethFeltexGodfrey HirstGrupo DaltileKarastan, MarazziModuleoM ...

Mohawk Industries, Inc. (MHK) reported strong third-quarter 2024 results (ended Sept. 30). Its earnings surpassed the Zacks Consensus Estimate and improved from the prior year despite pricing pressures and a negative mix. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. On the other hand, net sales declined on a year-over-year basis but marginally beat the consensus mark. Mohawk noted that market conditions were slower than anticipated across the regions due to high interest rates, ...

Mohawk Industries (MHK) reported $2.72 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 1.7%. EPS of $2.90 for the same period compares to $2.72 a year ago.The reported revenue represents a surprise of +0.49% over the Zacks Consensus Estimate of $2.71 billion. With the consensus EPS estimate being $2.89, the EPS surprise was +0.35%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...

Mohawk Industries (MHK) came out with quarterly earnings of $2.90 per share, beating the Zacks Consensus Estimate of $2.89 per share. This compares to earnings of $2.72 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.35%. A quarter ago, it was expected that this flooring maker would post earnings of $2.76 per share when it actually produced earnings of $3, delivering a surprise of 8.70%.Over the last four quarters, the compa ...

NEWS RELEASE For Release: Immediately Contact: James Brunk, Chief Financial Officer (706) 624-2239 MOHAWK INDUSTRIES REPORTS Q3 RESULTS Calhoun, Georgia, October 24, 2024 — Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2024 net earnings of $162 million and earnings per share ("EPS") of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus th ...

CALHOUN, Ga., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2024 net earnings of $162 million and earnings per share (“EPS”) of $2.55; adjusted net earnings were $184 million, and adjusted EPS was $2.90. Net sales for the third quarter of 2024 were $2.7 billion, a decrease of 1.7% as reported and 2.1% on an adjusted basis versus the prior year. During the third quarter of 2023, the Company reported net sales of $2.8 billion, a net loss of $760 million an ...