Mohawk Industries Inc Q4 2023 Earnings Call Summary

The following is excerpted from the question-and-answer section of the transcript.

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Jeff, maybe we could start out with how you think about the cadence and the sequential lift for the business as we move 2024. How should we think about coming into this year at this cyclical low that you talked about? And where we can go to over the next several quarters? And do you still think that there's the potential for that second half lift that you talked about on the last quarter call?

Question: Susan Marie Maklari - Goldman Sachs Group, Inc., Research Division - Analyst : Okay. That's very helpful. And then maybe digging into that a little bit more. When you think about different economies globally and what's going on there relative to the segments of -- Mohawk segments, how do you think about what that could imply for say, Flooring North America versus Global Ceramics or Rest of World? Anything that you can give us just in terms of the different segments and how you're thinking about the opportunities there?

Question: Andrew Azzi - JPMorgan Chase & Co, Research Division - Analyst : This is Andrew Azzi on for Mike. Just one for me. As you think further out and all the initiatives you've been taking with cost actions and mix initiatives, all the things that have been going on there, where do you think the margin perhaps in Flooring North America can get to maybe on a longer-term basis? And how does that compare to what we're seeing recently in the segment? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. FEBRUARY 09, 2024 / 4:00PM, MHK.N - Q4 2023 Mohawk Industries Inc Earnings Call

Question: Andrew Azzi - JPMorgan Chase & Co, Research Division - Analyst : And then maybe also actually in these investments in sales resources and merchandising, is there any way to like quantify the magnitude of those initiatives? Or is that more of a longer-term horizon?