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Mohawk Industries, Inc : Mohawk Industries Reports Q2 Results
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Viad Corp Reports Results for the 2021 First Quarter
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Mohawk Industries, Inc.: Mohawk Industries Reports Q1 Results
CALHOUN, Georgia, April 29, 2021 (GLOBE NEWSWIRE) Mohawk Industries, Inc. (NYSE: MHK) today announced 2021 first quarter net earnings of $237 million and diluted earnings per share (EPS) of $3.36. Adjusted net earnings were $246 million, and EPS was $3.49, excluding restructuring, acquisition and other charges. Net sales for the first quarter of 2021 were $2.7 billion, up 16.8% as reported and 9.1% on a constant currency and days basis. For the first quarter of 2020, net sales were $2.3 billion, net earnings were $111 million and EPS was $1.54, adjusted net earnings were $119 million, and EPS was $1.66, excluding restructuring, acquisition and other charges.
Commenting on Mohawk Industries first quarter performance, Jeffrey S. Lorberbaum, Chairman and CEO, stated, Our outstanding performance in the period included all-time record sales and our highest ever first quarter EPS. Our business continued to strengthen in th
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Viad Corp (NYSE: VVI), a leading provider of experiential leisure travel and face-to-face events and marketing experiences, today reported financial results for the 2020 fourth quarter and full year. The company continued its sharp focus on cash flow management, while making important progress on initiatives that will position the company for stronger results in 2021 and beyond.
Steve Moster, president and chief executive officer, commented, “Our industries have been some of the hardest hit by the COVID-19 pandemic, and I am extremely grateful for the tireless efforts of our team to help our company successfully navigate through this challenging period. Not only have we solidified our liquidity position and dramatically reduced our expenses, but we have also taken actions that will accelerate our recovery and position us for greater success on the other side.”
Mohawk Industries Reports Q4 Results
/EIN News/ CALHOUN, Ga., Feb. 11, 2021 (GLOBE NEWSWIRE) Mohawk Industries, Inc. (NYSE: MHK) today announced a 2020 fourth quarter net profit of $248 million and diluted earnings per share (EPS) of $3.49. Adjusted net earnings were $252 million, and EPS was $3.54, excluding restructuring, acquisition and other charges. Net sales for the fourth quarter of 2020 were $2.6 billion, an increase of 9.0% as reported and 5.5% on a constant currency and days basis. For the fourth quarter of 2019, net sales were $2.4 billion, net earnings were $265 million and EPS was $3.68, which included a one-time tax benefit. Adjusted net earnings were $162 million, and EPS was $2.25, excluding restructuring, acquisition and other charges in addition to the one-time tax benefit.
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