Mohawk Industries (MHK) PT Raised to $255 at Stifel; Reiterates Buy
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Mohawk Industries Reports Record Q4 And Full Year Results
February 9, 2017 4:05 PM ESTCALHOUN, Ga., Feb. 9, 2017 /PRNewswire/ --Â Mohawk Industries, Inc. (NYSE: MHK) today announced 2016 fourth quarter record net earnings of $234 million and diluted earnings per share (EPS) of $3.13, a 22% increase versus prior year. Excluding restructuring, acquisition expenses and other charges, net earnings were $243 million, and EPS was $3.26, a 16% increase over last year's fourth quarter adjusted EPS. Net sales for the fourth quarter of 2016 were $2.2 billion, up 9% versus the prior year's fourth quarter as reported and 7% on a legacy basis applying constant days and currency rates. For the fourth quarter of 2015, net sales were $2.0... More
