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MHK-AR2002_narr
This document is Mohawk Industries' 2002 Annual Report. Some key highlights include: - Mohawk is the leading manufacturer and marketer of floorcovering in the US, but has less than 25% market share, indicating room for growth. - In 2002, Mohawk saw record financial results with net sales of $4.5 billion (up 31% from 2001), net earnings of $284 million (up 24% from 2001), and earnings per share of $4.39. - Mohawk has strategically grown over the years through acquisitions, transforming from a small carpet manufacturer to a leading floorcovering producer offering various product types. - Mohawk's CEO discusses initiatives in 2002 like
