Mohawk is spending heavily to cut costs and push into higher-end flooring, but weak demand and tough competition could stop those benefits from showing up the way investors hope. See what has to go right for a housing and remodeling rebound to help—and what could keep earnings stuck under pressure.Read more
Mohawk Industries is betting that more premium flooring products and steady cost-cutting can lift profits even while the housing market stays sluggish. See what could drive a stronger mix of customers and products—and what risks could keep pricing pressure and weak demand from easing.Read more
Mohawk Industries is betting that new, higher-end flooring and greener manufacturing can help it charge more and improve profits even while shoppers stay cautious. But if home projects and new builds stay slow or price competition heats up, that turnaround could take much longer than expected.Read more
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Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor covering products comprising broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminates, medium-density fiberboards, wood floorings, vinyl tiles, hybrid flooring, and sheet vinyl; and roofing panels, insulation boards, mezzanine flooring products, medium-density fiberboard, decorative panels, and chipboards. It also licenses its intellectual property to flooring manufacturers. The company sells its products under the American Olean, Daltile, Decortiles, Durkan, Eliane, Elizabeth, Feltex, Godfrey Hirst, IVC Home, Karastan, Kerama Marazzi, Marazzi, Moduleo, Mohawk, Pergo, Quick-Step, Unilin, Vitromex, GH Commercial, Hycraft, Lentex Flooring, Leoline, Redbook, EmilGroup, KAI, Ragno, Aladdin Commercial, Durkan, Foss, IVC Resilient Design, Mohawk Group, Mohawk Home, and Portico. It offers its products to home centers, company-owned service centers and stores, floor covering retailers, ceramic tile specialists, e-commerce retailers, residential builders, independent distributors, commercial contractors, and commercial end users. The company was incorporated in 1988 and is headquartered in Calhoun, Georgia.
