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Mohawk Industries' Q2 Earnings Up, Revenue Falls, Issues Q3 Guidance
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Mohawk Industries' Q2 Earnings Up, Revenue Falls, Issues Q3 Guidance
Jul 25, 2024 2:40 PM

05:05 PM EDT, 07/25/2024 (MT Newswires) -- Mohawk Industries ( MHK ) reported Q2 adjusted diluted earnings Thursday of $3 per share, up from $2.76 a year earlier.

Analysts polled by Capital IQ expected $2.75.

Net sales for the quarter ended June 29 were $2.80 billion, down from $2.95 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.84 billion.

The company said it expects Q3 adjusted EPS of between $2.80 and $2.90.

Analysts polled by Capital IQ expect $2.71.

The stock was up about 10% in extended trading.

Price: 147.94, Change: +13.44, Percent Change: +9.99

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