The Latest Breaking News from MHK

The consumer discretionary sector offers value due to resilient spending, robust economic growth, falling interest rates, rising wages, and favorable government policies supporting long-term prospects. Therefore, investors might consider consumer discretionary stocks like LKQ (LKQ), Mohawk Industries (MHK), and BorgWarner (BWA) as stealth value plays. Keep reading.

Mohawk Industries has underperformed the building and construction industry over the past year, but analysts are moderately optimistic about the stock’s prospects.

Mohawk Industries is expected to report its second-quarter earnings this month, and Wall Street analysts expect a marginal profit decline.

The home improvement industry promises long-term growth due to rising home starts, growing disposable incomes, falling mortgage rates, and increasing interest in remodeling projects. Given their solid growth prospects, investors could consider buying fundamentally strong home improvement stocks: Mohawk Industries (MHK), Lifetime Brands (LCUT), Alarm.com (ALRM), and Hamilton Beach Brands…

The future of the home improvement industry looks promising with evolving consumer preferences, steady market growth, and a surge in Gen Z homeownership. Hence, fundamentally strong home improvement stocks, Kingfisher plc (KGFHY), Mohawk Industries (MHK), and Hooker Furnishings Corporation (HOFT), with massive growth potential, might be ideal buys now. Read…

With rapid urbanization, rising disposable incomes, and shifting consumer preferences toward automated and sustainable solutions, the home improvement and goods industry is poised for significant long-term growth. Hence, it could be wise to buy top home improvement stocks Hooker Furniture (HOFT), Mohawk Industries (MHK), and HNI Corporation (HNI) this year.…

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Mohawk Industries Inc (NYSE:MHK) has agreed to acquire the Vitromex ceramic tile business from Grupo Industrial Saltillo (GIS) for about $293 million in cash. Vitromex was founded in 1967 and includes four manufacturing facilities strategically located throughout Mexico. Mohawk expects the acquisition to enhance its customer base, manufacturing efficiencies, and logistical capabilities. Vitromex's product…