Mohawk Industries, Inc. Buyback
OLI recorded this information on 10/25/2018
Company: |
Mohawk Industries, Inc. |
Buyback: |
MHK buyback |
$Amount Authorized: |
$500,000,000 |
Buyback Details: |
Mohawk Industries, Inc. (NYSE: MHK) today announced 2018 third quarter net earnings of $227 million and diluted earnings per share (EPS) of $3.02. Adjusted net earnings were $246 million and EPS was $3.29, excluding restructuring, acquisition and other charges, a 12% decrease from last year. Net sales for the third quarter of 2018 were $2.5 billion, up 4% in the quarter and 5% on a constant currency basis. For the third quarter of 2017, net sales were $2.4 billion, net earnings were $270 million and EPS was $3.61; adjusted net earnings were $281 million, and EPS was $3.75, excluding restructuring, acquisition and other charges. |
Mohawk Industries is a global flooring manufacturer. Co.'s segments are: Global Ceramic, which designs, manufactures, sources, distributes and markets a line of ceramic, porcelain and natural stone tile products used for floor and wall applications in residential and commercial channels; Flooring North America, which designs, manufactures, sources and distributes a range of floor covering products in a variety of colors, textures and patterns; and Flooring Rest of the World, which designs, manufactures, sources and distributes a variety of laminate, luxury vinyl tile and sheet vinyl, wood flooring, broadloom carpet and carpet tile collections used in the residential and commercial markets.
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April 26, 2024 11:22 PM Eastern
Hold (2.23 out of 4)
0th percentile
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