Mohawk Industries Q4 Results Beat Street View

Mohawk Industries, Inc. (MHK) Thursday reported fourth-quarter net earnings of $248.2 million or $3.50 per share, down from $264.7 million or $3.69 per share last year.

Adjusted earnings were $3.54 per share, up from $2.25 per share last year.

Sales for the quarter were $2.64 billion from $2.42 billion last year.

Analysts polled by Thomson Reuters estimated an earnings of $2.87 per share on revenues of $2.49 billion.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS has issued a public health alert for Siluriformes products imported by Carlstadt, New Jersey- based Grand BK Corp. The products were imported from Korea, a country ineligible to export Siluriformes products to the United States. Blount Fine Foods is recalling a limited amount of Panera at Home Southwest Corn Chowder citing undeclared wheat allergen, the U.S. Food and Drug Administration said. The recall involves a single lot of 16 oz. product with UPC Code 077958690812, lot number 042122-2K and "Use By" date of 6/30/22 that comes around 2,569 cases in total. The recall is limited to 1 SKU of 16 oz. MTD Products Inc. is recalling 1,774 units of walk-behind self-propelled lawn mowers for potential risk of fire hazard, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said the lawn mower can leak fuel when it is stored in the upright (vertical) storage position to pose a fire hazard.
Follow RTT