Analyst Keith Hughes Looks Back at 1Q – Part 2 (12:38)
May 22, 2007—Keith Hughes, Managing Director in Equity Research, SunTrust Robinson-Humphrey in the second part of a four-part series evaluates Mohawk’s first quarter sales and earnings discussing the performance of the Mohawk, Daltile and Unilin sectors, the European market and the company’s licensing and intellectual property business. Hughes talks about the commercial sector, the company’s track record at reducing costs and managing inventories and recent articles that suggest the company is an acquisition target for private equity firms.