Mohawk Industries (MHK) Tops Q4 EPS by 5c
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Mohawk Industries Reports Q4 Results
February 13, 2020 4:10 PM ESTCALHOUN, Ga., Feb. 13, 2020 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2019 fourth quarter net earnings of $265 million and diluted earnings per share (EPS) of $3.68, including a one-time tax benefit of $136 million. Adjusted net earnings were $162 million, and EPS was $2.25, excluding restructuring, acquisition and other charges. Net sales for the fourth quarter of 2019 were $2.4 billion, down 1.0% as reported and 1.7% on a constant currency and days basis. For the fourth quarter of 2018, net sales were $2.45 billion, net earnings were $229 million and EPS was $3.05, adjusted net earnings were $188 million, and EPS was $2.53, excluding... More
