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Mohawk Industries: Reiterate Hold Rating As Demand Outlook Remains Poor

I maintain a hold rating on Mohawk Industries due to market softness, pricing pressure, and declining consumer confidence impacting demand. MHK reported a 5.7% y/y decrease in net sales, with mixed segment performance and a consolidated adj. EBIT margin drop to 4.8%. Persistent pricing pressure and competitive market conditions constrain MHK's margin expansion, despite potential tariff-related price hikes....

Seeking Alpha - 5/8/2025 7:43:06 AM More News for MHK
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