Mohawk Industries: Still Comfortable With A 'Hold' Rating As Earnings Near

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 ...