Mohawk Industries, Inc.
MHKMohawk Industries, Inc. is a leading global manufacturer of flooring products, including carpet, hardwood, laminate, ceramic tile, and vinyl flooring. Founded in 1911 and headquartered in Georgia, the company serves residential and commercial markets worldwide, known for its innovation and diverse product offerings in the flooring industry.
Company News
Historical data suggests certain S&P 500 stocks consistently perform well in December, with cruise operators and tech hardware companies showing strong seasonal trends. The S&P 500 historically averages a 1.4% gain in December, with a 73% chance of finishing higher.
Mohawk Industries announced that James F. Brunk will retire as CFO on April 1, 2026, with Nicholas P. Manthey set to succeed him, ensuring a smooth leadership transition in the company's financial leadership.
Culp (CULP) delivered earnings and revenue surprises of 11.36% and 0.47%, respectively, for the quarter ended April 2024. Do the numbers hold clues to what lies ahead for the stock?
Ariel Investments' 13F portfolio value decreased by 11% this quarter, from $10.56B to $9.45B. Click here for a detailed analysis.
