From Investing.com: 2024-07-25 16:51:46

Mohawk Industries, Inc. reported adjusted EPS of $3.00, beating analyst expectations of $2.75 in the second quarter. Revenue was $2.8 billion, slightly below estimates, but the stock surged 10%. CEO Lorberbaum credited sales initiatives and cost containment for the success. The company anticipates third-quarter adjusted EPS between $2.80 and $2.90, signaling continued outperformance.



Read more at Investing.com: Mohawk Industries Gains on Q2 Profit Beat, Adjusted EPS Climbs By Investing.com