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Mohawk ( (MHK) ) just unveiled an update.
After the end of 2024, Mohawk’s Flooring North America segment faced issues with a new order management system, leading to shipping and invoicing disruptions. However, most system processes have been corrected, improving shipping rates and normalizing backlog levels. Despite these challenges, manufacturing and distribution operations remain stable. Mohawk plans to release its fourth quarter and full-year results on February 6, 2025, and will address the system conversion impact during the investor call.
More about Mohawk
Mohawk operates in the flooring industry, offering products and services primarily in the North America market.
YTD Price Performance: 12.86%
Average Trading Volume: 751,199
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $8.26B
For a thorough assessment of MHK stock, go to TipRanks’ Stock Analysis page.
