Mohawk Industries Shares Drop Over 3% Pre-Market: Here's Why

Benzinga_recent_news

2025/10/24

Mohawk Industries Inc. (NYSE:MHK) fell 3.8% during the pre-market session to $124 on Friday following its third-quarter earnings announcement. Check out the current price of MHK stock here. MHK ...

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(NYSE:MHK) fell 3.8% during the pre-market session to $124 on Friday following its third-quarter earnings announcement.\nCheck out the current price of MHK stock here. \nMHK ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/25/10/48399769/mohawk-industries-shares-drop-over-3-pre-market-heres-why\">网页链接</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mohawk Industries Shares Drop Over 3% Pre-Market: Here's Why</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMohawk Industries Shares Drop Over 3% Pre-Market: Here's Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-24 18:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/25/10/48399769/mohawk-industries-shares-drop-over-3-pre-market-heres-why><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mohawk Industries Inc. (NYSE:MHK) fell 3.8% during the pre-market session to $124 on Friday following its third-quarter earnings announcement.\nCheck out the current price of MHK stock here. \nMHK ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/25/10/48399769/mohawk-industries-shares-drop-over-3-pre-market-heres-why\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ATER","symbol_name":"Aterian Inc.","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/25/10/48399769/mohawk-industries-shares-drop-over-3-pre-market-heres-why","article_id":"2577359295","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/10/24/Stock-Market-crash.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/markets/equities/25/10/48399769/mohawk-industries-shares-drop-over-3-pre-market-heres-why","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2577359295","pubTimestamp":1761300600,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Mohawk Industries shares fell 3.8% pre-market to $124 following its third-quarter earnings report, which showed flat adjusted sales.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ATER":"Aterian Inc.","MHK":"莫霍克工业公司","BK4191":"家用电器","BK4588":"碎股","LU0205194284.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD) INC AV","BK4585":"ETF&股票定投概念","BK4563":"昨日强势股","BK4095":"家庭装饰品","LU0205193047.USD":"SCHRODER ISF US SMALL & MID-CAP EQUITY \"A\" (USD)  ACC"},"translate_title":"Mohawk Industries股价盘前下跌超过3%：原因如下","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATER":1.5,"MHK":1.5},"content_text":"Mohawk Industries Inc. (NYSE:MHK) fell 3.8% during the pre-market session to $124 on Friday following its third-quarter earnings announcement.\nCheck out the current price of MHK stock here. \nMHK closed Thursday's regular session at $128.90, up 0.47%, according to Benzinga Pro data.\nThe Georgia-based flooring maker reported third-quarter net sales of $2.8 billion, up 1.4% as reported and roughly flat on an adjusted basis from last year, with adjusted earnings-per-share (EPS) of $2.67, down from $2.90 a year earlier.\nPerformance across the company’s three operating segments showed mixed results:\nThe company pointed to higher input costs and competitive pricing in the industry, partially offset by productivity improvements.\nSee Also: Why Intel Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket\nJeff Lorberbaum, chairman and CEO of Mohawk Industries, said the results \"reflected benefits from ongoing productivity and restructuring initiatives as well as the impact of favorable currency exchange and lower interest expense, offset by higher input costs and temporary plant shutdowns.\"\nMohawk identified additional restructuring measures expected to generate about $32 million in annualized savings. Along with previously announced actions, the company expects total savings of $110 million for the year.\nThe consumer discretionary company projects fourth-quarter adjusted EPS of $1.90 to $2.00, excluding restructuring and one-time charges.\nMohawk Industries has a 52-week range of $96.24 to $152.89 and a market capitalization of $8.01 billion.\nIts shares have fallen 15.12% over the past year but gained 8.20% year-to-date.\nBenzinga’s Edge Stock Rankings indicate that MHK is experiencing short-term consolidation along with medium and long-term upward movement. Know how its momentum lines up with other well-known names.\nRead Next:\nPhoto courtesy: Shutterstock\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}