Why Mohawk's Tough Q3 Might Be Better Than It Looks
Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty ImagesMohawk Industries stock (NYSE: MHK) has declined by 7% over the last five days, whereas the S&P 500 increased by 1.2%, following another challenging yet slowly improving quarter. The news stories highlighted weak volumes and margin pressures, but behind the scenes, various operational insights demonstrate how the flooring leader is repositioning for a recovery led by the housing sector. Below, ...