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Shares of Mohawk Industries (NYSE:MHK) rose in after-market trading after the company reported Q4 results.
Earnings per share were up 57.33% over the past year to $3.54, which beat the estimate of $2.87.
Revenue of $2,641,760,000 higher by 8.94% year over year, which beat the estimate of $2,490,000,000.
Mohawk Industries hasn't issued any earnings guidance for the time being.
Mohawk Industries hasn't issued any revenue guidance for the time being.
Company's 52-week high was at $160.63
52-week low: $56.62
Price action over last quarter: Up 60.87%
Mohawk Industries manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. The Georgia-based company has grown from a U.S.-focused carpeting manufacturer to a leading global player in the diversified flooring market. Mohawk operates three reporting segments: global ceramic ($3.6 billion of sales in 2019), North America flooring ($3.8 billion), and rest of the world flooring ($2.5 billion). The company generates approximately 60% of its sales in the United States.
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