NYSE:MHKConsumer Durables
A Fresh Look at Mohawk Industries (MHK) Valuation Following Strong Quarterly Revenue Beat
Mohawk Industries (MHK) announced quarterly revenues that beat expectations, crediting strong premium product sales and productivity improvements. The company also cited positive currency movements, even as higher costs and plant shutdowns presented challenges.
See our latest analysis for Mohawk Industries.
Even with quarterly revenues beating expectations, Mohawk Industries’ share price return has struggled in the broader context. The stock is down over 14% in the past month and around 5%...