Mohawk: Higher costs make a dent into earnings

Mohawk Industries Inc., based in Calhoun, Georgia, ended the first quarter of 2017 with a stable performance by its Flooring Rest of the World division, which had previously achieved stronger growth. Net revenues had been only 1% higher than the prior-year period at USD496.2m (Jan.-March 2016: 492.0m); at constant ...

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