Tag Archives: Mohawk Industries

Mohawk Net Climbs 60.6 Percent in Q1

Mohawk Industries

CALHOUN, Ga.-Bolstered by gains in sales and margins, Mohawk Industries posted a 60.6 percent jump in first-quarter net income, which totaled $81.1 million. Jeffrey Lorberbaum, the company’s chairman and CEO, said the bottom-line performance exceeded Mohawk’s expectations. Lorberbaum attributed this to contributions from tile maker Marazzi and panel-board manufacturer Spano, which Mohawk acquired last year;More »

Mohawk Net Up 15.6 Percent in “Most Successful Second Quarter”

Mohawk Industries

CALHOUN, Ga.-In what Jeffrey Lorberbaum, chairman and CEO, characterized as the company’s “most successful second quarter on record,” Mohawk Industries reported an increase of 15.6 percent in net income, to $84.6 million. The flooring giant’s top line was the major contributor to its performance in the quarter, which ended on June 29. Total net salesMore »

Tisch Named Vice President of Marketing at Safavieh

Carol Tisch

PORT WASHINGTON, N.Y.–Carol Tisch has been appointed vice president of marketing and branding strategy for area rug and home furnishings resource Safavieh. She reports to Arash Yaraghi, company principal, and has been with Safavieh since 2005. “As we continue to expand our wholesale lines to include a comprehensive total home collection with rugs, indoor andMore »