Mohawk's (MHK) Shares Up on Q2 Earnings Beat, Net Sales Miss [Yahoo! Finance]
Mohawk Industries, Inc. (MHK)
Last mohawk industries, inc. earnings: 2/13 04:10 pm
Check Earnings Report
US:NYSE Investor Relations:
mohawkind.com/corporateiroverview.aspx
Company Research
Source: Yahoo! Finance
It reported an earnings beat in each of the trailing six quarters. On the other hand, net sales declined on a year-over-year basis and missed the consensus mark. The softness in the top line was driven by the ongoing inflationary conditions and market uncertainties that consumers are facing globally. These factors induced uncertainty among consumers regarding discretionary spending, thus affecting the sales volume. Also, the company's flooring remodeling is trapped under the pressures of elevated mortgage rates, higher home prices and the locked-in effect on homeowners. Although its commercial channel is faring well, MHK remains concerned about its residential purchases across its geographies, given the aforementioned headwinds. That said, the bottom line gained due to the company's effective implementation of its productivity initiatives and restructuring actions as well as lower energy and material costs, partially offset by the market pressure on pricing, mix and foreign exch
Show less
Read more
Impact Snapshot
Event Time:
MHK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MHK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MHK alerts
High impacting Mohawk Industries, Inc. news events
Weekly update
A roundup of the hottest topics
MHK
News
- Mohawk Industries Names Mauro Vandini President – Global Ceramic Segment [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Mohawk Industries Names Mauro Vandini President – Global Ceramic SegmentGlobeNewswire
- Ceramic Tiles Market Forecast Report 2024-2030 - A $228.3 Billion Global Opportunity - Introduction of 3D Tiles and Digital Printing Technologies Present Business Opportunities [Yahoo! Finance]Yahoo! Finance
- Mohawk Jumps 28% in Past 3 Months: How Should You Play the Stock? [Yahoo! Finance]Yahoo! Finance
- Business People: Andersen names George Bandy to lead sustainability efforts [Yahoo! Finance]Yahoo! Finance
MHK
Earnings
- 7/25/24 - Beat
MHK
Sec Filings
- 9/5/24 - Form 8-K
- 8/27/24 - Form 4
- 8/23/24 - Form 144
- MHK's page on the SEC website