Mohawk Ind. Exceeds Earnings Expectations in 4Q, Fiscal 2010

摘要

Raw material price increases are an ongoing concern for Mohawk Industries, forcing the company to raise prices across its various divisions, even as the fourth quarter and fiscal 2010 post some favorable results. "Our earnings exceeded our expectations as results were positively impacted by enhanced manufacturing efficiencies, benefits from restructuring actions, reducing SG&A costs and improved process consistency," said Jeffrey Lorberbaum, chairman and ceo.