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Mohawk Industries Inc (MHK.N)

MHK.N on New York Stock Exchange

197.44USD
30 Nov 2016
Change (% chg)

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130,385
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$216.51
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$148.58

Latest Key Developments (Source: Significant Developments)

Mohawk Industries qtrly earnings per share $3.42
Thursday, 4 Aug 2016 04:01pm EDT 

Mohawk Industries Inc : Qtrly earnings per share $3.42 .Qtrly net sales $2.31 billion versus $2.04 billion.  Full Article

Mohawk Industries reports Q2 adj earnings per share $3.47
Thursday, 4 Aug 2016 04:01pm EDT 

Mohawk Industries Inc : Mohawk Industries reports record second quarter . Q2 sales $2.3 billion versus i/b/e/s view $2.35 billion . Sees q3 earnings per share $3.40 to $3.49 excluding items . Q2 earnings per share $3.42 . Q2 earnings per share view $3.37 -- Thomson Reuters I/B/E/S .Q2 earnings per share $3.47 excluding items.  Full Article

Mohawk Industries Inc gives Q4 2015 EPS guidance in line with analysts' estimates
Thursday, 5 Nov 2015 04:01pm EST 

Mohawk Industries Inc:Sees Q4 2015 earnings guidance is $2.66 - $2.75 per share.Q4 2015 EPS of $2.72 - Thomson Reuters I/B/E/S.  Full Article

Mohawk Industries Inc gives Q3 2015 guidance
Thursday, 6 Aug 2015 04:01pm EDT 

Mohawk Industries Inc:Expects Q3 2015 earnings of $2.91 to $2.99 per share, excluding any restructuring charges.Q3 2015 EPS of $2.81 - Thomson Reuters I/B/E/S.  Full Article

Mohawk Industries Inc and Polyurethane foam makers in $128.5 mln US price-fixing accords - Reuters
Sunday, 21 Jun 2015 08:00pm EDT 

Mohawk Industries Inc:Says Carpenter Co, Leggett & Platt Inc, Mohawk Inc and three other makers of polyurethane foam agreed to pay as much as $128.5 million to settle lawsuits accusing them of conspiring to fix prices - Reuters.Says preliminary settlements with so-called indirect purchasers were disclosed in the federal court in Toledo, Ohio, and require court approval.Earlier settlements with other groups of plaintiffs in the nationwide litigation totaled $433.1 mln.Producers of such items accused foam manufacturers of violating the federal Sherman antitrust law by conspiring to coordinate the timing and size of price increases.According to court papers, the latest settlements included $63.5 million from Carpenter, $26.5 mln from Leggett, $16 mln from Mohawk, as much as $10.25 mln from Hickory Springs Manufacturing Co, $9.5 mln from Woodbridge Foam Corp and $2.75 mln from Vitafoam Inc.The accords cover purchasers of products containing flexible polyurethane foam since Jan. 1, 1999.These purchasers won class-action status in April 2014.  Full Article

Polyurethane foam makers including Mohawk Industries Inc pay $275.5 mln to end price-fixing cases - Reuters
Tuesday, 19 May 2015 02:54pm EDT 

Mohawk Industries Inc:Says the company and five other companies have agreed to pay a combined $275.5 million to settle lawsuits accusing them of conspiring to fix prices of polyurethane foam - Reuters.Purchasers of the foam asked U.S. District Judge Jack Zouhary in Toledo, Ohio to approve the preliminary settlements, which combined with earlier accords would boost their total recovery to $433.1 million.Producers accused foam manufacturers of violating the federal Sherman antitrust law by conspiring to coordinate the timing and size of price increases.Mohawk agreed to settle for $98 million, settlement papers show.Other payments include $60 million from Foamex Innovations Inc, $50 million from Woodbridge Foam Corp and affiliates, $32 million from Future Foam Inc, $19.5 million from Hickory Springs Manufacturing Co, and $16 million from FFP Holdings Inc.  Full Article

Mohawk Industries Inc gives Q2 2015 EPS guidance below analysts' estimates
Thursday, 7 May 2015 04:01pm EDT 

Mohawk Industries Inc:Expects Q2 2015 earnings of $2.51 to $2.60 per share, excluding any earnings from new acquisitions or any restructuring charges.Q2 2015 EPS of $2.61 - Thomson Reuters I/B/E/S.  Full Article

Mohawk Industries Inc gives Q1 2015 EPS guidance in line with analysts' estimates
Thursday, 19 Feb 2015 04:01pm EST 

Mohawk Industries Inc:Says guidance for Q1 2015 earnings is $1.54 to $1.63 per share, excluding any restructuring charges and new acquisitions.Q1 2015 EPS of $1.56 - Thomson Reuters I/B/E/S.  Full Article

Mohawk Industries Inc announces purchase of IVC Group
Tuesday, 13 Jan 2015 05:48pm EST 

Mohawk Industries Inc:Says that it has entered into a definitive agreement to acquire the IVC Group.The IVC Group is a major manufacturer of sheet vinyl, luxury vinyl tile (LVT) and laminate, with operations in Europe and the United States and sales of about $700 million.Mohawk is acquiring IVC for about $1.2 billion through a combination of cash and equity.The transaction is expected to be completed around the end of the first quarter of 2015, pending customary closing conditions and regulatory approvals.Mohawk anticipates that the transaction will be accretive to EPS in the first twelve months.  Full Article

Fitch Affirms Mohawk Industries Inc IDR at 'BBB-'; Outlook Positive
Monday, 24 Nov 2014 05:40pm EST 

Mohawk Industries Inc:Says that Fitch Ratings has affirmed the ratings of the company, including the company's Issuer Default Rating (IDR), at 'BBB-.Says the rating outlook remains Positive.  Full Article

BRIEF-Mohawk Industries Q3 earnings per share $3.62

* Excluding restructuring, acquisition and other charges, Q3 net earnings were $261 million and Q3 EPS was $3.50