Mohawk's Q4 Earnings & Sales Beat, Adjusted Gross Margin Down Y/Y

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 ...