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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.

Mohawk Industries SEC Filing Email Alerts Service

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Company Name:  Mohawk Industries, Inc.
Stock buyback:  MHK buyback
Website:  www.mohawkind.com
Sector:  Construction Materials & Machinery
Number of ETFs Holding MHK:  71
Total Market Value Held by ETFs:  $1.08B
Total Market Capitalization:  $7.10B
% of Market Cap. Held by ETFs:  15.24%
 

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April 26, 2024    11:22 PM Eastern
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Hold (2.23 out of 4)
0th percentile
(ranked lower than approx. 100% of all stocks covered)

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