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Mohawk Industries Records $2.8 Billion in Q3 Revenue and Introduces New Strategy

The Motley Fool +1 · ·by G4L

MHK
MHK Mohawk Industries Inc
$156.60 +4.04%
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  1. 1Mohawk Industries recorded $2.8 billion in revenue for the third quarter, a 1% increase year-over-year.
  2. 2Mohawk Industries' operating cash flow for the quarter was $471 million.
  3. 3The board of directors approved a new $500 million share repurchase program.

So what's the key point?

Mohawk Industries generated $2.8 billion in revenue during the third quarter. The company decided to buy back $500 million worth of its own shares.

Source The Motley Fool +1 · View original ↗

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Mohawk Industries Q3 Earnings Release: EPS Beats and Revenue Misses Earnings Whispers · Oct 31Mohawk Industries Beats Third Quarter EPS Estimates Associated Press +1 · Oct 30Mohawk Industries to Report Third Quarter Results After Market Close on October 29 Earnings Whispers · Oct 22
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