Company Overview - Mohawk Industries, Inc. (MHK) is headquartered in Calhoun, Georgia, and specializes in designing, manufacturing, sourcing, distributing, and marketing flooring products for both residential and commercial applications, as well as new construction markets. The company has a market cap of $6.8 billion and offers a diverse range of products including ceramic and porcelain tiles, natural stone, carpets, rugs, laminate, luxury vinyl tile, sheet vinyl, wood flooring, and countertops [1]. Stock Performance - MHK shares have underperformed the broader market over the past year, declining by 20.1%, while the S&P 500 Index has increased by nearly 11%. Year-to-date in 2025, MHK stock is down 7.7%, compared to a 12.3% rise in the S&P 500 [2]. - Compared to the iShares U.S. Home Construction ETF (ITB), which has declined about 16.9% over the past year, MHK's performance remains weaker, with the ETF showing a 4.8% loss year-to-date [3]. Financial Performance - In Q3, MHK reported an adjusted EPS of $2.67, which fell short of Wall Street expectations of $2.68. The company's revenue was $2.8 billion, exceeding the forecast of $2.7 billion. For Q4, MHK anticipates adjusted EPS to be between $1.90 and $2.00 [5]. - For the current fiscal year ending in December, analysts expect MHK's EPS to decline by 7.8% to $8.94 on a diluted basis. The company's earnings surprise history is mixed, having beaten consensus estimates in three of the last four quarters [6]. Analyst Ratings - Among the 18 analysts covering MHK stock, the consensus rating is a "Moderate Buy," consisting of nine "Strong Buy" ratings and nine "Holds." This is an improvement from two months ago when only eight analysts suggested a "Strong Buy" [6][7]. - Stephen Kim from Evercore ISI maintained a "Hold" rating on MHK with a price target of $118, indicating a potential upside of 7.3% from current levels [7].

Core Viewpoint - Live Ventures Incorporated has reported a significant turnaround in the performance of its subsidiary, Flooring Liquidators, achieving positive EBITDA for four consecutive months and projecting record growth for Fiscal Year 2026 [1][2]. Group 1: Company Performance - Flooring Liquidators, acquired in fiscal year 2023, had faced 24 consecutive months of losses prior to the new leadership [2]. - The company achieved its first year-over-year revenue increase in July 2025, marking a pivotal recovery [2]. - Flooring Liquidators is projected to experience strong profitability and record growth in Fiscal Year 2026 [2]. Group 2: Leadership and Strategy - The turnaround is attributed to CEO Chris Nichols and his new leadership team, who implemented key initiatives to improve performance [2][3]. - Key initiatives include cost containment through automation, AI, and vendor-direct sourcing, which have enhanced operational efficiency [3]. - The company has improved delivery times to three days, a significant competitive advantage in the industry [4]. Group 3: Operational Improvements - Changes in inventory management have been made to address inefficiencies, such as optimizing delivery logistics [4]. - Individual store accountability has been enhanced, allowing for better oversight and performance comparison among stores [5]. - The product mix has been improved, with private label products increasing from 12% to 25% of total offerings, driving higher margins [5]. Group 4: Workforce and Culture - The success of the turnaround is also credited to the talent and dedication of Flooring Liquidators' workforce and management team [5]. - The company emphasizes the importance of professional services and expertise in driving sales, highlighting the role of its employees in the recovery [5]. Group 5: Future Outlook - Live Ventures plans aggressive expansion for Flooring Liquidators, with the potential for over one hundred new stores in the coming decade [5].