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0.000691144708423311 0.000691144708423311 0.00112311015118787 0.00388768898488123 0.0114470842332614 0.00583153347732191 0.00345572354211668 0.0050107991360691
Stock impact report

Winners And Losers Of Q4: Mohawk Industries (NYSE:MHK) Vs The Rest Of The Home Furnishings Stocks [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
Let's take a look at how Mohawk Industries (NYSE:MHK) and the rest of the home furnishings stocks fared in Q4. A healthy housing market is good for furniture demand as more consumers are buying, renting, moving, and renovating. On the other hand, periods of economic weakness or high interest rates discourage home sales and can squelch demand. In addition, home furnishing companies must contend with shifting consumer preferences such as the growing propensity to buy goods online, including big things like mattresses and sofas that were once thought to be immune from e-commerce competition. The 5 home furnishings stocks we track reported a mixed Q4. As a group, revenues beat analysts' consensus estimates by 2% while next quarter's revenue guidance was in line. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 6.9% since the latest earnings results. Established in 1878, Mohawk Industries (NYSE:MHK) is a leading producer of floor-c Show less Read more
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