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Posted by
Two Blokes Jul 22 -
Filed in
Stock
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Mohawk Industries, Inc. remains a Hold due to ongoing revenue declines, weak fundamentals, and macroeconomic headwinds despite attractive valuation. Management's restructuring and cost-cutting initiatives offer long-term savings, but near-term results are pressured by tariffs and global housing weakness. Recent quarterly results showed broad-based revenue and profit declines, with only modest positives from pricing and product mix improvements.
