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https://www.barrons.com/articles/mohawk-industries-stock-earnings-51651250802
Shares of Mohawk Industries surged Friday, the day after the company reported earnings that topped Wall Street’s expectations, thanks to continued demand for flooring products and at-home renovations amid higher prices.
First-quarter revenue for the flooring products manufacturer rose 13% to $3 billion compared to the $2.9 billion analysts were expecting, according to FactSet.
Shares of Mohawk Industries surged Friday, the day after the company reported earnings that topped Wall Street’s expectations, thanks to continued demand for flooring products and at-home renovations amid higher prices.
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