Mohawk Industries Reports Q1 Results

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Mohawk Industries (MHK) Reports In-Line Q1 EPS

May 4, 2020 4:19 PM EDT

Mohawk Industries (NYSE: MHK) reported Q1 EPS of $1.66, in-line with the analyst estimate of $1.66. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.29 billion.

Commenting on Mohawk Industries first quarter performance, Jeffrey S. Lorberbaum, Chairman and CEO, stated, The world changed during the first quarter, and we are now managing through an unprecedented situation. Mohawk entered the year as the worlds leading flooring company with a strong presence in all product categories, manufacturing in 18 countries and sales in more than 170 nations. During 2019, we generated $1.4 billion of operating... More