Investors Wednesday welcomed the latest acquisition announced by Mohawk Industries, bidding up shares in the Caloun, Ga.-based floorcovering company to a record high. The $1.2 billion purchase of the ...

Mohawk Industries Inc., which bills itself as the world's largest flooring company, is acquiring IVC Group — a rapidly growing manufacturer of luxury vinyl tile (LVT) in Europe — in a $1.2 billion ...

Mohawk Industries operates in a U.S. duopoly through past roll-up acquisitions. They are now directing this strategy towards emerging markets. The company has bought back 15% of its shares since 2017 ...

Flooring manufacturer Mohawk Industries will expand its existing vinyl flooring operations in Dalton, GA. The project will significantly increase the company’s current U.S. luxury vinyl tile (LVT) ...

16.12.4 Armstrong Flooring luxury Vinyl Tile (Lvt) Sales, Revenue, Price and Gross Margin (2015-2020) ...

NEW YORK, March 3, 2025 /PRNewswire/ -- According to a new comprehensive report from The Insight Partners, the Global luxury vinyl tile (LVT) flooring market share is observing significant growth due ...

Washington — The U.S. government has temporarily lifted tariffs on a big category of plastic products imported from China, luxury vinyl flooring tiles, apparently agreeing with arguments that tariffs ...

CALHOUN, Ga., Oct. 26, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced a third quarter 2023 net loss of $760 million and a loss per share of $11.94 with the impact of ...

We believe there could be an opportunity for TILE to gain market share in the LVT space. Trading at forward earnings of 4.7x, TILE is being heavily discounted by the market. With the bar set very low, ...

Federal regulators are probing allegations that Georgia-based Mohawk Industries, the world’s largest flooring manufacturer, misled investors in order to hide financial troubles and defective product ...

Nine months after the U.S. government lifted tariffs on some Chinese-made luxury vinyl tiles, the trade tax reprieve ended this week and is likely to push up the price of one the fastest growing types ...