$145.03
4.51% yesterday
NYSE, Nov 25, 10:10 pm CET
ISIN
US6081901042
Symbol
MHK

Mohawk Industries Stock News

Neutral
GlobeNewsWire
20 days ago
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 Nor...
Neutral
CNBC
26 days ago
Stocks fell broadly during Thursday's session to close out October. Here's what CNBC is watching going into Friday.
Negative
Market Watch
26 days ago
Super Micro joined the list after a 33% drop on Wednesday.
Positive
Seeking Alpha
about one month ago
I maintain a buy rating for Mohawk Industries (MHK) due to expected earnings growth in FY25 as mortgage rates decline and consumer confidence improves. Despite a 1.7% revenue decline in 3Q24, solid cost control led to a 3.7% y/y adj EBITDA growth and improved adj EPS. Market concerns over weak 4Q24 guidance and near-term margin headwinds are transitory; demand recovery and cost optimizations sh...
Positive
Seeking Alpha
about one month ago
Shares of Mohawk Industries found a floor around $100 in 2023 as the largest interest rate scares ended during the year. Mohawk, the world's largest flooring company, has returned to earnings growth this year, but might end the year on a softer note. Long-term fundamentals remain strong, with potential for earnings to surpass $10 per share and further growth anticipated in 2025, making current ...
Neutral
Seeking Alpha
about one month ago
Mohawk Industries, Inc. (NYSE:MHK ) Q3 2024 Earnings Conference Call October 25, 2024 11:00 AM ET Company Participants James Brunk - CFO Jeffrey Lorberbaum - Chairman & CEO Christopher Wellborn - President, COO & Director Conference Call Participants Timothy Wojs - Baird John Lovallo - UBS Susan Maklari - Goldman Sachs Matthew Bouley - Barclays Phil Ng - Jefferies Laura Champine - Loop Capital ...
Positive
Investopedia
about one month ago
Major U.S. equities indexes were mixed on the final day of trading in a week dominated by a steady flow of earnings reports as well as increasing questions about how quickly the Federal Reserve will proceed with interest-rate reductions.
Negative
Barrons
about one month ago
Mohawk Industries CEO Jeff Lorberbaum says consumer confidence and discretionary spending have been hit by ‘global conflicts, political uncertainty and inflation.'

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