Mohawk Industries (MHK) Tops Q3 EPS by 4c, Q4 EPS Tops Views
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Mohawk Industries Reports Record Third Quarter
November 3, 2016 4:02 PM EDTCALHOUN, Ga., Nov. 3, 2016 /PRNewswire/ --Â Mohawk Industries, Inc. (NYSE: MHK) today announced 2016 third quarter record net earnings of $270 million and diluted earnings per share (EPS) of $3.62, a 25% increase versus prior year. Excluding restructuring, acquisition and other charges, net earnings were $261 million and EPS was $3.50, a 17% increase over last year's third quarter adjusted EPS. Net sales for the third quarter of 2016 were $2.3 billion, up 7% versus the prior year's third quarter as reported and on a legacy basis applying constant days and currency rates. For the third quarter of 2015, net sales were $2.15 billion, net... More