Advertisement
Canada markets closed
  • S&P/TSX

    22,167.03
    +59.95 (+0.27%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CAD/USD

    0.7386
    -0.0000 (-0.00%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • Bitcoin CAD

    95,029.28
    -1,718.70 (-1.78%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • RUSSELL 2000

    2,124.55
    +10.20 (+0.48%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • NASDAQ

    16,379.46
    -20.06 (-0.12%)
     
  • VOLATILITY

    13.01
    0.00 (0.00%)
     
  • FTSE

    7,952.62
    +20.64 (+0.26%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • CAD/EUR

    0.6837
    -0.0006 (-0.09%)
     

2 Stocks in Focus From Buoyant Textile-Home Furnishing Industry

Although COVID-induced supply chain disruptions, rising raw material costs, and higher  transportation and labor expenses continue to build pressure on margins for companies in the Zacks Textile-Home Furnishing industry, sustained housing market momentum, efficient cost management and persistent focus on product innovation have been driving the same. Companies like Mohawk Industries, Inc. MHK and Interface, Inc. TILE have been benefiting from strong end-market demand, acquisitions and strategic initiatives to drive profitability.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Mohawk Industries, Inc. (MHK) : Free Stock Analysis Report
 
Interface, Inc. (TILE) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research