BUZZ-Mohawk Industries falls on lower Q3 revenue

Reuters

2024-10-25

** Shares of home flooring maker Mohawk Industries down nearly 12% at $135

** Co posts lower Q3 revenue, hurt by weak demand for its flooring and ceramic products

** MHK's Q3 revenue falls 1.7% to $2.72 bln from a year earlier

** 7 of 18 brokerages rate the stock "buy" or higher and 11 "hold"; their median PT is $172 - LSEG

** Up to last close, stock up 47% YTD

(Reporting by Anshuman Tripathy in Bengaluru)

((Anshuman.Tripathy@thomsonreuters.com;))

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their median PT is $172 - LSEG</p><p>   ** Up to last close, stock up 47% YTD</p><p> (Reporting by Anshuman Tripathy in Bengaluru)</p><p>((Anshuman.Tripathy@thomsonreuters.com;))</p></body></html>\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://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2478335359","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2478335359","pubTimestamp":1729863790,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of home flooring maker Mohawk Industries    down nearly 12% at $135    ** Co posts lower Q3 revenue, hurt by weak demand for its flooring and ceramic products   ** MHK's Q3 revenue falls 1.7% to $2.72 bln from a year earlier   ** 7 of 18 brokerages rate the stock \"buy\" or higher and 11 \"hold\"; 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