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Here's What Key Metrics Tell Us About Mohawk Industries (MHK) Q1 Earnings
ZACKS· 2025-05-01 23:06
For the quarter ended March 2025, Mohawk Industries (MHK) reported revenue of $2.53 billion, down 5.7% over the same period last year. EPS came in at $1.52, compared to $1.86 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.57 billion, representing a surprise of -1.84%. The company delivered an EPS surprise of +7.80%, with the consensus EPS estimate being $1.41.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...
Mohawk Industries (MHK) Tops Q1 Earnings Estimates
ZACKS· 2025-05-01 22:30
Core Viewpoint - Mohawk Industries reported quarterly earnings of $1.52 per share, exceeding the Zacks Consensus Estimate of $1.41 per share, but down from $1.86 per share a year ago, indicating a 7.80% earnings surprise [1][2] Financial Performance - The company posted revenues of $2.53 billion for the quarter, missing the Zacks Consensus Estimate by 1.84% and down from $2.68 billion year-over-year [2] - Over the last four quarters, Mohawk Industries has surpassed consensus EPS estimates four times and topped revenue estimates twice [2] Stock Performance - Mohawk Industries shares have declined approximately 10.7% since the beginning of the year, compared to a 5.3% decline in the S&P 500 [3] - The current Zacks Rank for Mohawk Industries is 4 (Sell), indicating expected underperformance in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $2.83 on revenues of $2.78 billion, and for the current fiscal year, it is $9.45 on revenues of $10.8 billion [7] - The trend of estimate revisions for Mohawk Industries has been unfavorable leading up to the earnings release [6] Industry Context - The Textile - Home Furnishing industry, to which Mohawk Industries belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable industry outlook [8]
Mohawk(MHK) - 2025 Q1 - Quarterly Results
2025-05-01 20:22
NEWS RELEASE For Release: Immediately Contact: James Brunk, Chief Financial Officer - (706) 624-2239 MOHAWK INDUSTRIES REPORTS Q1 RESULTS Calhoun, Georgia, May 1, 2025 — Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2025 net earnings of $73 million and earnings per share ("EPS") of $1.15; adjusted net earnings were $96 million, and adjusted EPS was $1.52. Net sales for the first quarter of 2025 were $2.5 billion, a decrease of 5.7% as reported and a decrease of 0.7% adjusted for constant ...
Mohawk Industries Reports Q1 Results
GlobeNewswire· 2025-05-01 20:15
CALHOUN, Georgia, May 01, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2025 net earnings of $73 million and earnings per share (“EPS”) of $1.15; adjusted net earnings were $96 million, and adjusted EPS was $1.52. Net sales for the first quarter of 2025 were $2.5 billion, a decrease of 5.7% as reported and a decrease of 0.7% adjusted for constant days and exchange rates versus the prior year. During the first quarter of 2024, the Company reported net sales of $2. ...
Mohawk to Report Q1 Earnings: What's in the Cards for the Stock?
ZACKS· 2025-04-30 19:35
Mohawk Industries, Inc. (MHK) is scheduled to report results for the first quarter of 2025 on May 1, after market close.In the last reported quarter, the company’s adjusted earnings topped the Zacks Consensus Estimate by 3.7% but declined by a penny year over year. Net sales beat the consensus estimate by 2.8% and inched up 1% year over year.MHK’s earnings surpassed expectations in each of the trailing four quarters, delivering an average surprise of 5.6%.How Are Estimates Placed for Mohawk Stock?The Zacks ...
Mohawk Industries: Cheap, But Not Cheap Enough Today
Seeking Alpha· 2025-04-28 05:29
Company Overview - Mohawk Industries (NYSE: MHK) has been experiencing poor performance recently [1] - The company specializes in flooring, carpets, rugs, ceramic tiles, and similar products for both commercial and residential markets [1] Industry Insights - Crude Value Insights focuses on the oil and natural gas sector, emphasizing cash flow and companies that generate it [1] - The service aims to identify value and growth prospects within the industry [1]
Mohawk Industries, Inc. 诚邀您参加第一季度财报电话会议
GlobeNewswire· 2025-04-05 21:21
乔治亚州卡尔洪, April 06, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc.(纽约证券交易所代码:MHK)将于 2025 年 5 月 1 日(星期四)发布 2025 年第一季度财报,并诚邀您收听公司于 2025 年 5 月 2 日(星期五)美国东部时间上午 11:00 实时直播的财报电话会议。 内容: Mohawk Industries 第一季度财报电话会议 时间: 2025 年 5 月 2 日 美国东部时间上午 11:00 网址: www.mohawkind.com 选择“投资者”标签 方式: 网上实况直播——只需通过上述网址登录,或 访问以下链接注册参加电话会议:https://dpregister.com/sreg/10198186/feca56553a 直播电话会议:拨打 1-833-630-1962(美国/加拿大) ...
Mohawk Industries, Inc. Invites You to Join its First Quarter Earnings Conference Call
GlobeNewswire· 2025-04-04 23:02
Company Overview - Mohawk Industries is the leading global flooring manufacturer, producing a wide range of products for residential and commercial spaces worldwide [2] - The company has transformed from an American carpet manufacturer into the world's largest flooring company over the past two decades, with operations in North America, Europe, South America, Oceania, and Asia [2] - Mohawk's vertically integrated manufacturing and distribution processes provide competitive advantages in producing various flooring types, including carpet, rugs, ceramic tile, laminate, wood, stone, and vinyl [2] Upcoming Earnings Call - Mohawk Industries will release its First Quarter 2025 earnings on May 1, 2025, followed by a conference call on May 2, 2025, at 11:00 am ET [1] - The conference call will be available live over the internet and can be accessed through the company's website [1] - For those unable to attend the live call, a replay will be available until June 2, 2025, and can be accessed via specific phone numbers [1]
Mohawk(MHK) - 2024 Q4 - Annual Report
2025-02-20 01:48
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [Mark One] ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 01-13697 (Commission File Number) MOHAWK INDUSTRIES, INC. (Exact name of registrant as specified in its charter) | Delaware | 52-1604305 | | --- | --- | | (Stat ...
Mohawk Industries: Downgrade To Hold Due To Stubbornly High Mortgage Rates
Seeking Alpha· 2025-02-13 03:13
Core Insights - The article provides an update on Mohawk Industries (NYSE: MHK) following a previous recommendation to buy, based on expectations that lower mortgage rates will enhance consumer spending confidence and housing demand [1] Group 1: Investment Philosophy - The company adopts a fundamentals-based approach to value investing, emphasizing that low multiple stocks are not necessarily cheap [1] - The focus is on identifying companies with long-term durability, steady growth, and strong balance sheets, rather than those that are cyclical [1] - There is an acknowledgment of the risks involved in investing in successful companies, particularly the potential to overpay, highlighting the importance of valuation [1] Group 2: Market Outlook - The expectation is that the development runway for certain companies is so significant that immediate price considerations may be less critical [1]