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Calhoun, Georgia-based Mohawk sales dip but manufacturer boosted earnings

First quarter sales for the world s biggest floor covering manufacturer fell by 4.5% this year as the building, housing and remodeling markets slowed around the globe amid higher interest rates. ....

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Mohawk Industries (NYSE:MHK) Beats Q1 Sales Targets

Flooring manufacturer Mohawk Industries (NYSE:MHK) announced better-than-expected results in Q1 CY2024, with revenue down 4.5% year on year to $2.68 billion. It made a non-GAAP profit of $1.86 per share, improving from its profit of $1.75 per share in the same quarter last year. ....

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