Mohawk Industries will host a live conference call on February 7, 2025, discussing Q4 2024 earnings.
Quiver AI Summary
Mohawk Industries will hold a conference call to discuss its fourth quarter 2024 earnings on February 7, 2025, at 11:00 am ET, following the earnings release on February 6. Participants can access the call live online at www.mohawkind.com or by phone, with separate numbers for U.S./Canada and international listeners. For those who cannot attend, a replay will be available until March 7, 2025. Mohawk, a leading global flooring manufacturer, specializes in a range of products for both residential and commercial spaces and has significantly expanded its operations worldwide over the past two decades.
Potential Positives
- Mohawk Industries is set to release its fourth quarter earnings, which can provide investors with insights into the company's financial performance and future outlook.
- The availability of a live conference call and replay options allows for increased investor engagement and transparency regarding company operations.
- As the leading global flooring manufacturer, Mohawk's strong brand recognition and diverse product offerings position it favorably within the industry.
- The announcement highlights Mohawk's significant transformation into the world’s largest flooring company, showcasing its growth and expansion across multiple regions.
Potential Negatives
- Potential investor concern as theearnings callmay indicate unsatisfactory financial results for Q4 2024, leading to uncertainty about the company's growth trajectory.
- Scheduledearnings callmay suggest upcoming operational challenges or market pressures that have not been publicly addressed, raising red flags for stakeholders.
- Focus onearnings callimplies possible need for transparency regarding the company's performance, which could indicate prior lack of communication with investors.
FAQ
When is Mohawk Industries' fourth quarter 2024earnings call
Theearnings callis scheduled for February 7, 2025, at 11:00 am ET.
How can I listen to the liveearnings call
You can listen live by visiting www.mohawkind.com and selecting the “Investors” tab.
What is the conference call dial-in number?
The U.S./Canada dial-in number is 1-833-630-1962 and the international number is 1-412-317-1843.
Will theearnings callbe available for replay?
Yes, the call will be available for replay until March 7, 2025, using the designated dial-in numbers.
Who should I contact for more information?
For additional inquiries, please contact James Brunk, CFO, at 706-624-2239.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MHK Insider Trading Activity
$MHK insiders have traded $MHK stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.
Here’s a breakdown of recent trading of $MHK stock by insiders over the last 6 months:
- SUZANNE L HELEN has traded it 8 times. They made 0 purchases and 8 sales, selling 22,738 shares.
- JEFFREY S LORBERBAUM (CHIEF EXECUTIVE OFFICER) has traded it 2 times. They made 0 purchases and 2 sales, selling 14,200 shares.
- COCK PAUL F DE (PRESIDENT FLOORING NA) sold 1,118 shares.
- RODNEY DAVID PATTON (VP BUSINESS STRATEGY) sold 755 shares.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MHK Hedge Fund Activity
We have seen 240 institutional investors add shares of $MHK stock to their portfolio, and 218 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PACER ADVISORS, INC. removed 1,196,365 shares (-99.7%) from their portfolio in Q3 2024
- FMR LLC added 748,070 shares (+52.3%) to their portfolio in Q3 2024
- SHAPIRO CAPITAL MANAGEMENT LLC removed 615,885 shares (-44.5%) from their portfolio in Q3 2024
- CITADEL ADVISORS LLC removed 596,756 shares (-83.8%) from their portfolio in Q3 2024
- MILLENNIUM MANAGEMENT LLC added 427,271 shares (+387.1%) to their portfolio in Q3 2024
- ATLAS FRM LLC added 365,000 shares (+inf%) to their portfolio in Q3 2024
- INVESCO LTD. removed 317,963 shares (-17.6%) from their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
CALHOUN, Ga., Jan. 07, 2025 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries’ (NYSE: MHK) fourth quarter 2024 earnings release on Thursday, February 6, you are invited to listen to the conference call that will be broadcast live on Friday, February 7, at 11:00 am ET.
What: | Mohawk Industries’ Fourth Quarter Earnings Call |
When: | February 7, 2025 |
11:00 am ET | |
Where: | www.mohawkind.com |
Select “Investors” tab | |
How: | Live over the Internet – Simply log on via the web at the address above or |
Register for the conference call at: https://dpregister.com/sreg/10195645/fe39dbe57e | |
Live Conference Call: Dial 1-833-630-1962 (U.S./Canada) | |
Dial 1-412-317-1843 (International) | |
For those unable to listen at the designated time, the call will remain available for replay through March 7, 2025, by dialing 1-877-344-7529 (U.S./Canada) or 1-412-317-0088 (International) and entering Conference ID # 3217810. The call will be archived and available for replay for one year under the “Investors” tab of mohawkind.com.
ABOUT MOHAWK
Mohawk Industries is the leading global flooring manufacturer and creates products to enhance residential and commercial spaces around the world. Mohawk’s vertically integrated manufacturing and distribution processes provide competitive advantages in the production of carpet, rugs, ceramic tile, laminate, wood, stone, and vinyl flooring. Our industry leading innovation has yielded products and technologies that differentiate our brands in the marketplace and satisfy all remodeling and new construction requirements. Our brands are among the most recognized in the industry and include American Olean, Daltile, Durkan, Eliane, Elizabeth, Feltex, Godfrey Hirst, Karastan, Marazzi, Mohawk, Mohawk Group, Pergo, Quick-Step, Unilin and Vitromex. During the past two decades, Mohawk has transformed its business from an American carpet manufacturer into the world’s largest flooring company with operations in North America, Europe, South America, Oceania and Asia.
Contact:
Mohawk Industries, Inc.
James Brunk, Chief Financial Officer
706-624-2239
This article was originally published on Quiver News, read the full story.
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