Some sub-sectors of the market are facing severe challenges. Even some blue chips are at risk of a dividend cut. We highlight 2 popular dividend stock that could cut soon.
Al Jazeera has called 2023 “the year of the layoffs.” As the news organization pointed out recently, it started badly in 2023, when Salesforce (NYSE: CRM ) cut 10% of its global staff.
CALHOUN, Ga., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2023 net earnings of $139 million and earnings per share (“EPS”) of $2.18; adjusted net earnings were $125 million, and adjusted EPS was $1.96. Net sales for the fourth quarter of 2023 were $2.6 billion, a decrease of 1.4% as reported and 4.1% on a legacy and constant basis versus ...
CALHOUN, Ga., Jan. 08, 2024 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries, Inc. (NYSE: MHK) Fourth Quarter 2023 earnings release on Thursday, February 8, 2024, you are invited to listen to the conference call that will be broadcast live on Friday, February 9, 2024, at 11:00 am ET.
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 and has a strong balance sheet and high liquidity. It never had negative OCF in the past three decades. Mohawk's management has initiated cost-reduction measures and investments to increase efficie...
aktien.guide ist das Tool zum einfachen Finden, Analysieren und Beobachten von Aktien. Lerne von erfolgreichen Investoren und triff fundierte Anlageentscheidungen. Wir machen Dich zum selbstbestimmten Investor.