MOHAWK RESTATES '97 AND '98 FINANCIALS.
The company restated its third-quarter '98 net income to $34.7 million on sales of $690 million. It had reported net income of $53 million on sales of $576.3 million, for that quarter ended Sept. 26.
Mohawk restated its nine-month net income to $82.8 million on sales of $1.9 billion. It had reported net income of $53 million on sales of $1.58 billion for the nine months ended Sept. 26.
The company reported restated 1997 earnings of $73.4 million on sales of $2.33 billion. The company had reported net income, including items, of $68 million on sales of $1.9 billion.
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|Title Annotation:||Mohawk Industries|
|Publication:||HFN The Weekly Newspaper for the Home Furnishing Network|
|Date:||Dec 7, 1998|
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