4/30/23

Sudan sides trade blame, fight on despite ceasefire

his image grab taken from AFPTV video footage on April 28, 2023, shows an aerial view of black smoke rising over Khartoum. (AFPTV / AFP)

KHARTOUM – Sudan's rival military forces accused each other of fresh violations of a ceasefire on Sunday as their deadly conflict rumbled on for a third week despite warnings of a slide towards civil war.

Hundreds of people have been killed and thousands wounded since a long-simmering power struggle between the Sudanese army and the paramilitary Rapid Support Forces (RSF) erupted into conflict on April 15.

Both sides said a formal ceasefire agreement which was due to expire at midnight would be extended for a further 72 hours, in a move the RSF said was "in response to international, regional and local calls"

ALSO READ: Unending 'hell': Sudan war rages despite truce pledges

Both sides said a formal ceasefire agreement which was due to expire at midnight would be extended for a further 72 hours, in a move the RSF said was "in response to international, regional and local calls".

The army said it hoped what it called the "rebels" would abide by the deal but it believed they had intended to keep up attacks. The parties have kept fighting through a series of ceasefires secured by mediators including the United States.

The situation in Khartoum, where the army has been battling RSF forces entrenched in residential areas, was relatively calm on Sunday morning, a Reuters journalist said, after heavy clashes were heard on Saturday evening near the city center.

The army said on Sunday it had destroyed RSF convoys moving towards Khartoum from the west. The RSF said the army had used artillery and warplanes to attack its positions in a number of areas in Khartoum province.

Reuters could not independently verify the reports.

ALSO READ: Sudan fighting flares but army leader backs ceasefire extension

In an apparent bid to boost its forces, the army said on Saturday that the Central Reserve Police had begun to deploy in southern Khartoum and would be deployed gradually in other areas of the capital.

Sudan's police said that the force had been deployed to protect markets and property that had been subjected to looting. The RSF on Saturday warned it against becoming involved in fighting.

The force is a large and heavily armed division of Sudan's police force that has fighting experience from conflicts in the western region of Darfur and in the Nuba Mountains in southern Sudan.

In March 2022, the United States imposed sanctions on the reserve police force, accusing it of using excessive force against protesters who were demonstrating against a 2021 military coup.

'No direct negotiations'

The fighting in Khartoum has so far seen RSF forces fan out across the city as the army tries to target them largely by using air strikes from drones and fighter jets.

The conflict has sent tens of thousands of people fleeing across Sudan's borders and prompted warnings the country could disintegrate, destabilizing a volatile region and prompting foreign governments to scramble to evacuate their nationals.

The United States has sent a navy ship to take its citizens, two US officials said, as Britain announced it had arranged an extra evacuation flight from Port Sudan on the eastern Red Sea coast on Monday.

Nearly 1,000 Americans have been evacuated since the violence began, US State Department spokesperson Matthew Miller said in a statement, adding that a government convoy arrived in Port Sudan to take US citizens and other eligible people to Saudi Arabia for further transit assistance.

But, underlining the extent of the instability, Canada said it was ending its evacuation flights because of "dangerous conditions".

The prospects for negotiations have appeared bleak.

"There are no direct negotiations, there are preparations for talks," UN special representative in Sudan, Volker Perthes, told journalists in Port Sudan, adding that regional and international countries were working with the two sides. Perthes told Reuters on Saturday the sides were more open to negotiations than before.

Army leader General Abdel Fattah al-Burhan has said he would never sit down with RSF chief General Mohamed Hamdan Dagalo, also known as Hemedti, who in turn said he would talk only after the army ceased hostilities

ALSO READ: Sudan's army: Paramilitary forces hit Turkish evacuation plane

Army leader General Abdel Fattah al-Burhan has said he would never sit down with RSF chief General Mohamed Hamdan Dagalo, also known as Hemedti, who in turn said he would talk only after the army ceased hostilities.

Saudi Foreign Minister Prince Faisal bin Farhan, whose government has played a part in mediating the ceasefires, met Burhan envoy Daffalla Al-Haj Ali in Riyad and called for calm, the Saudi foreign ministry said.

Adding to the diplomatic pressure, United Arab Emirates' Vice President Sheikh Mansour bin Zayed had phoned Burhan, state news agency WAM reported.

Aid

With the United Nations reporting only 16 percent of health facilities in Khartoum operating as normal, the International Committee of the Red Cross (ICRC) delivered 8 tonnes of medical aid.

But while approval had been given for the supplies to go to Khartoum, negotiations were ongoing with the sides to facilitate delivery within the city, where hospitals, convoys and ambulances have been attacked, he said.

UN aid chief Martin Griffiths said on Sunday that he is traveling to the region to "explore how we can bring immediate relief to the millions of people whose lives have turned upside down overnight."

He urged safe passage for civilians fleeing hostilities and for combatants to stop using medical personnel, transport and facilities "as shields."

READ MORE: Sudan fighting resurges as UN says ceasefire partly holding

At least five aid workers have been killed in the fighting.

A third of Sudan's 46 million people needed humanitarian aid before the fighting began.

The conflict has derailed an internationally backed political transition aimed at establishing democratic government in Sudan, where former autocratic President Omar Hassan al-Bashir was toppled in 2019 after three decades in power.

At least 528 people have been killed and 4,599 wounded, the health ministry said. The United Nations has reported a similar number of dead but believes the real toll is much higher.



source https://netdace.com/latest-news/sudan-sides-trade-blame-fight-on-despite-ceasefire/

Gunmen in Nigeria free 74 children after ransoms paid

Parents are reunited with their daughters in Jangabe, Zamfara state, Nigeria, March 3, 2021. (PHOTO / AP)

MAIDUGURI – Gunmen in Nigeria have released 74 children out of more than 80 people who were abducted earlier this month in northwestern Zamfara state, after ransoms were paid, parents and a village head said on Saturday.

Gangs of armed men have attacked hundreds of local communities across northwestern Nigeria in recent years, while Islamist militants continue to stage attacks in the northeast.

Two parents from Zamfara's Wadzamai village said they paid 20,000 naira ($43.50) each and their children were among those released on Friday and had suffered from severe malnutrition.

A village head in Wadzamai said 11 people were still being held but two were killed trying to escape from their captors.

READ MORE: Armed gangs kill 74 in Nigeria's Benue state

A police spokesperson for Zamfara said they could not immediately comment.

Kidnappers in Nigeria often keep their victims for months in the forest if a ransom is not paid and also demand villagers pay protection fees to be allowed to farm and harvest their crops.



source https://netdace.com/latest-news/gunmen-in-nigeria-free-74-children-after-ransoms-paid/

ANY 損失警告:全球頂級法律事務所 ROSEN 鼓勵 Sphere 3D Corp. 的投資者查詢關於 ANY 的證券集體訴訟

事因, May 01, 2023 (GLOBE NEWSWIRE via SEAPRWire.com) — 全球投資者權益律師事務所 Rosen Law Firm 宣佈代表 Sphere 3D Corp. (NASDAQ: ANY) 的股東進行潛在證券索賠調查。該事件源於對 Sphere 3D 可能向投資大眾發布了嚴重誤導性的商務資訊的指控。

影響:倘若您曾購買 Sphere 3D 證券,您可能有權獲得賠償,並且根據勝訴收費安排無需支付任何自付費用或開支。Rosen Law Firm 正準備發起集體訴訟以期為投資者追回損失。

下一步行動:如欲加入潛在的集體訴訟,請造訪 https://rosenlegal.com/submit-form/?case_id=15274 或是撥打免費電話 866-767-3653 或寄送電子郵件至 pkim@rosenlegal.comcases@rosenlegal.com ,與 Phillip Kim 律師聯絡,暸解關於集體訴訟的資訊。

所關何事:2022 年 2 月 17 日, CoinDesk 發表了一篇題為《圍繞 NuMiner 的「同類最佳」比特幣挖礦設備的問題不斷湧現》 (Questions Swirl Around NuMiner’s ‘Best in Class’ Bitcoin Mining Rig) 的文章。該文章報導:「總部位於多倫多的數據管理公司 Sphere 3D (ANY) 宣布從一家似乎突然冒出來的紐約公司 NuMiner Global 購買約 60,000 台挖礦機,交易金額約為 17 億美元。在紐約州公司註冊檔案中搜尋「NuMiner」並未得到任何結果。該公司聲稱與 NuMiner Technologies Ltd. 有關聯,但實際上沒有公開的資訊。」一些人對這筆交易持懷疑態度,報道稱,『最大的上市礦商之一 Marathon Digital 的執行長 Fred Thiel 也在 Twitter 上表示,他對 NuMiner 的說法持懷疑態度,並對冷卻技術—或者說缺乏這種技術—表示擔憂。」然後,在 2022 年 3 月 3 日,Culper Research 發佈了一份報告,視 Sphere 3D 為股票推介。關於與 NuMiner 的交易,報告指出,「這筆交易的結構是以 2,900 萬美元現金、約 4 億美元等值的 ANY 股票、11 億美元的供應商融資(利率高達 9% 及挖掘出所有比特幣的 18%),以及 1.85 億美元的里程碑付款。我們認為這筆交易完全是虛假的,永遠不會發生。」

受此消息影響,2022 年 3 月 3 日, Sphere 3D 股價下跌 0.28 美元,跌幅 12.23%,最終收盤價為 2.01 美元。

為何選擇 ROSEN LAW:我們鼓勵投資者選擇在領導角色方面有成功記錄的合格法律顧問。通常,發佈通知的律師事務所並無可相比的經驗、資源或任何有意義的同儕認可。許多這樣的公司實際上並不進行證券集體訴訟。 請務必明智地選擇律師。Rosen Law Firm 在全球各地為投資者提供服務,專注於證券集體訴訟和股東代位訴訟。Rosen Law Firm 曾針對一家中國公司發起過迄今規模最大的證券集體訴訟,並成功達成和解。Rosen Law Firm 曾因其證券集體訴訟案件的和解數量,於 2017 年獲 ISS Securities Class Action Services 評選為排名第一的法律事務所。自 2013 年以來,Rosen Law Firm 每年都進入該排行榜的前四名,且已為投資者追回數億美元的資金。僅在 2019 年,事務所便為投資者追回了逾 4.38 億美元的資金。2020 年,創始合夥人 Laurence Rosen 獲 law360 評選為「最佳原告律師」(Titan of Plaintiffs’ Bar)。事務所的多名律師均曾得到 Lawdragon 和 Super Lawyers 的表彰。

透過以下方式獲知我們的最新動態,LinkedIn:https://www.linkedin.com/company/the-rosen-law-firm、Twitter: https://twitter.com/rosen_firm 或 Facebook:https://www.facebook.com/rosenlawfirm/

律師廣告。先前的結果並不保證能獲得類似的結果。

——————————-

聯絡資訊:

        Laurence Rosen 律師
        Phillip Kim 律師
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016 (美國)
        電話:(212) 686-1060
        免費電話:(866) 767-3653
        傳真: (212) 202-3827
        lrosen@rosenlegal.com
        pkim@rosenlegal.com
        cases@rosenlegal.com
        www.rosenlegal.com



source https://netdace.com/globenewswire/any-%e6%90%8d%e5%a4%b1%e8%ad%a6%e5%91%8a%ef%bc%9a%e5%85%a8%e7%90%83%e9%a0%82%e7%b4%9a%e6%b3%95%e5%be%8b%e4%ba%8b%e5%8b%99%e6%89%80-rosen-%e9%bc%93%e5%8b%b5-sphere-3d-corp-%e7%9a%84%e6%8a%95%e8%b3%87/

Putin authorizes oil supplies to friendly countries

An oil tanker is moored at the Sheskharis complex, part of Chernomortransneft JSC, a subsidiary of Transneft PJSC, in Novorossiysk, Russia, on Oct 11, 2022, one of the largest facilities for oil and petroleum products in southern Russia. (PHOTO / FILE / AP)

VLADIVOSTOK – Russian President Vladimir Putin has authorized oil and oil product supplies to friendly countries under contracts signed before Feb 1, according to a decree published on Friday.

The decree, which takes effect from Friday, amended a previous one Putin signed at the end of last year that banned Russian oil and oil product supplies to foreign entities if their contracts directly or indirectly involved a price cap imposed by Western countries.

READ MORE: Global refinery margins lose steam as Russian oil finds outlets

In December 2022, the European Union placed a price cap of $60 per barrel on Russian seaborne crude oil, which was joined by the Group of Seven and Australia.



source https://netdace.com/latest-news/putin-authorizes-oil-supplies-to-friendly-countries/

4/29/23

Five dead in Texas shooting, armed suspect on the loose

In this photo taken on May 27, 2022, police officers speak near a makeshift memorial for the shooting victims outside Robb Elementary School in Uvalde, Texas. (PHOTO / AFP)

A man shot dead five neighbors including an 8-year-old boy after some of them had asked him to stop shooting a semiautomatic rifle in his front yard in Cleveland, Texas, because it was keeping their baby awake, police said on Saturday.

Police were still looking for the suspect, who used an AR-15-style rifle in the shooting late inside the neighbors' home on Friday, San Jacinto County Sheriff Greg Capers said.

Sheriffs deputies were joined by FBI agents as they continued searching for the suspect, Francisco Oropeza, 38, in a nearby wooded area 18 hours after the attack

Sheriffs deputies were joined by FBI agents as they continued searching for the suspect, Francisco Oropeza, 38, in a nearby wooded area 18 hours after the attack, Capers said.

"We are tracking him with dogs and men on horseback and drones in the air," Capers said. Law enforcement had found an abandoned cellphone and some discarded clothing in the search area, Capers said.

ALSO READ: 2 dead, 5 injured in shooting outside restaurant in US Tennessee

He was quoted as saying by other news outlets that all the victims were shot in the head "almost execution-style."

Police said all five victims were from Honduras.

Officials from Capers' office received a call from Cleveland, which is located about 45 miles north of Houston, about harassment at around 11:31 pm. When they reached the scene they found several victims who had been shot, Capers said.

There were a total of 10 people in the house when the attack took place, Capers said, five of whom survived.

The victims were identified as Sonia Argentina Guzman, 25; Diana Velazquez Alvarado, 21; Julisa Molina Rivera, 31; Jose Jonathan Casarez, 18; and Daniel Enrique Laso, 8. They were all believed to be living in the house, but were not members of a single family, according to the FBI.

ALSO READ: US university shooting leaves three dead, five hurt

Enrique Reina, the foreign minister of Honduras, said the Honduran consulate was in contact with the authorities in Texas.

"We demand that the full weight of the law be applied against the person responsible for this crime," he wrote on Twitter.

The suspect stepped out of his house on Friday night and started shooting off rounds in his yard, which is when some of the victims stepped out to confront him, Capers said.

"The man walked over to the fence, said 'Hey, we're trying to keep the baby asleep in here,'" Capers said.

Both parties then went back to their houses. Oropeza "topped off his magazine, and walked down his driveway" onto the street then "into the people's house and started shooting, Capers said.

READ MORE: 6 dead in US shooting, including 6-month-old baby, mother

Police had been called to Oropeza's house on a couple of previous occasions over complaints about noise he was making shooting his gun in his yard, Capers said.



source https://netdace.com/latest-news/five-dead-in-texas-shooting-armed-suspect-on-the-loose/

Mohawk Industries 公佈第一季度業績

佐治亞州卡爾霍恩, April 30, 2023 (GLOBE NEWSWIRE via SEAPRWire.com) — Mohawk Industries, Inc. (NYSE: MHK) 今日宣布 2023 年第一季度淨收益為 8000 萬美元,攤薄每股盈利 (EPS) 為 1.26 美元。扣除重組、收購和其他費用後,經調整淨收益為 1.12 億美元,經調整 EPS 為 1.75 美元。2023 年第一季度的淨銷售額為 28 億美元,據報告下降了 6.9%,以不變匯率按天計算降幅為 5.9%。2022 年第一季度,淨銷售額為 30 億美元,淨收益為 2.45 億美元,EPS 為 3.78 美元。扣除重組、收購和其他費用後,經調整淨收益為 2.46 億美元,經調整 EPS 為 3.78 美元。

在評論 Mohawk Industries 的第一季度業績時,公司董事長兼行政總裁 Jeffrey S. Lorberbaum 表示:「我們所有的業務都在調整策略以適應更具挑戰性的環境。我們在為短期和長期增長進行投資的同時,也在對成本進行管理。我們的收益超出預期,公司業務保持著更高的定價和更強勁的產品組合,全球其他地區地板業務分部的表現優於其他分部。商用渠道業務表現持續強於住宅業務,房屋改建項目被推遲,新房建設受到按揭利率上升的影響。我們的資產負債表依然穩健,本季度產生的自由現金流量達 1.29 億美元。」

為提高銷售額,我們在新產品創新方面做了戰略性投資,強化了商品展銷以及客戶貿易匯展活動。我們將透過提高生產力、簡化流程和控制管理費用來繼續降低整個企業的成本。我們的客戶對他們的存貨承諾仍表現保守,我們在較低的利用率水平下經營,致使未吸收的間接管理費用變為更高的成本。對於北美地板業務和全球其他地區地板業務,我們的重組舉措正在按計劃實施,應該會改善我們的業務業績。

我們將我們的資本投資限制在那些能夠產生顯著銷售額、利潤和流程改進的項目上。我們正在擴大我們曾受限品類的生產,這些品類在經濟好轉時具有最大增長潛力,包括豪華膠地板 (LVT)、高級層壓板、石英檯面、瓷板和隔熱產品。我們在巴西和墨西哥完成了兩項瓷類業務收購,其 2022 年的總銷售額約為 4.25 億美元,幾乎使我們現有的市場份額翻倍。我們正在制定增加銷售額的策略,並將開始整合業務以降低成本、提高效率和優化生產。我們還會繼續改善去年在歐洲和美國完成小型補強收購的公司。

天然氣和電力通脹在第一季度仍然是不利因素,儘管在未來,我們的損益表上較低的能源成本會使業績向好。我們的可持續發展戰略包括對綠色能源生產的投資,這可以減少我們的費用和碳足跡。我們的兩間生物質能工廠降低了我們的成本並改善了本季度的業績。我們還在不同時期購買了一些歐洲能源,以減少未來的成本波動。近期意大利能源補貼被延長至 2023 年第二季度,但補貼力度有所降低。

第一季度,全球瓷類業務分部報告的淨銷售額下降了 0.5%,以不變匯率按天計算降幅為 1.2%。該分部報告的營業毛利為 6.0%,經調整為 6.3%,此為有利的定價和產品組合以及生產率提高,在抵銷通貨膨脹、銷量下降和臨時停產等影響後的結果。我們 2023 年推出的產品具有新尺寸、獨特視覺效果和拋光飾面,正在改善我們的產品組合。我們將減少產量,以適應市場競爭日益激烈的需求。由於我們在商用領域的銷售額增加,我們的瓷類產品在美國的業績優於其他地區的市場。我們更加可靠的美國國內生產正對我們的銷量產生有利影響,特別是對我們所提供的對標歐洲產品的優質系列。為了增加我們的石英檯面產量,我們正在擴大與國民賬戶、承包商以及廚房和浴室零售商相關的業務。在我們的歐洲瓷類產品業務中,我們的平均售價保持在高於預期的水平,儘管我們的銷量因住宅改造放緩而有所下降。我們的其他地區瓷類產品市場也隨著家庭支出的減少和客戶存貨的大幅減少而下降,儘管我們在這些地區的銷售趨勢隨著我們在此期間的進展而發生季節性的改善。

第一季度,我們的全球其他地區地板業務分部的淨銷售額據報告下降了 9.7%,以不變匯率按天計算降幅為 5.5%。該分部報告的營業毛利為 9.5%,經調整為 12.6%,此為有利的定價和產品組合,在抵銷通貨膨脹、銷量下降和臨時停產後的結果。由於高能源價格和通貨膨脹影響了消費者預算,我們的歐洲業務受到壓縮。與上一季度相比,該分部的業務有所改善,因為我們增加了促銷活動以加強銷售、停工情況減少、成本降低以及為預算更有限的消費者提供了更多產品選擇。隨著投入成本的下降,我們預計市場競爭壓力將增加。本季度層壓板和 LVT 銷量均有所下降,我們將控制成本和產量進行應對。我們已經開始將我們的住宅 LVT 從柔性轉換為剛性,並準備重組業務。因消費者尋求成本更低的改造選項,我們的乙烯基板材銷量隨之增加。對於我們新收購的東歐乙烯基地板業務,我們將改進產品供應並提高工廠的產量和效率。我們的面板業務隨著渠道的市場和存貨減少而放緩。由於更強勁的定價、更低的投入成本以及我們的生物質能源生產帶來的好處,我們的利潤率高於預期。在所收購的法國面板業務和德國夾層地板業務之間,我們在實現預計的協同增效方面取得了進展。由於能源效率已成為更重要的優先事項,我們的隔熱品類在該分部業績表現最佳,我們的聚氨酯產品具有絕佳的耐熱性能。我們整合了在愛爾蘭和英國收購的隔熱產品業務,我們的新工廠將會提前完成產能爬坡。在澳大利亞和紐西蘭,我們的業績因利率較高和銷量較低而下降。我們正在選擇性地推出促銷活動以推動銷售,並提高價格以抵銷上漲的成本。

第一季度,我們的北美地板業務分部銷售額下降了 11.1%。該分部報告的營業毛利為負 0.2%,經調整營業毛利為正 0.5%,此為有利的定價和產品組合以及生產率提高,在抵銷通貨膨脹、銷量下降、臨時停產和增加的營銷投資等影響後的結果。該分部一直受到嚴重通貨膨脹、更高利率和更嚴格貸款的挑戰,這些因素削弱了房地產市場和我們所在的行業。因此,我們的客戶將更嚴格地管理他們的存貨量,而我們將會使生產與需求保持一致。隨著我們的投入成本的改進和工廠利用率的提高,我們的利潤率應該會在第二季度擴大。我們的重組舉措正在按計劃實施,並將降低我們在住宅和商用軟性表面品類中的成本。大多數業務渠道的新建和改建項目仍在繼續,商用產品銷售保持穩健。我們去年完成的商用地板配件業務收購補充了我們的產品供應類別並有利於我們的業務。住宅軟性表面產品的銷售額下降幅度超過了我們的其他品類。多戶型住宅產品業務仍然是住宅產品業務中最強勁的品類,我們將擴大對該業務渠道的參與。隨著行業放緩和海運成本下降,美國 LVT 市場的競爭日益激烈。由於美國要求作為遵守強迫勞動保護法的一部分提供供應鏈合規證明,因此從亞洲的進口將中斷。我們的西海岸 LVT 工廠將繼續擴產,隨著我們今年的推進,產量將會增加。因消費者尋求更多以預算為導向的選項,乙烯基地板銷售表現出色。本季度,我們的層壓板作為防水材料選擇的接受度提高,零售銷售額有所增長,但其他渠道的銷量有所下降。

我們行業的營運環境與一年前完全不同。全球來看,各國央行都在加息以減緩經濟增速並降低通貨膨脹。由於新房銷售和住宅改建被推遲,這些措施降低了我們的行業銷量。商用業務分部仍然強於住宅分部,儘管隨著時間的推移,更高的利率和更嚴格的貸款要求可能會影響商用投資。我們透過專注於業績更優的渠道、推出差異化產品以及提供更好的服務和價值,使我們的銷售額和分銷量最大化。我們將積極管理我們的費用和成本結構以優化我們的業績。我們預計整個市場的行業銷量和定價將繼續面臨壓力。我們預計需求的季節性增長以及能源和材料成本的降低將改善我們未來的業績。鑑於這些因素,我們預計,扣除重組、收購和其他費用後,第二季度經調整 EPS 將在 2.56 美元至 2.66 美元之間。

這種行業低迷的情況前所未有,就業率居高不下,企業繼續投資,房屋估值保持不變。我們將在短期內實行保守管理,同時透過產品創新、產能擴張和收購來為長期增長進行投資。我們穩健的資產負債表使我們能夠度過當前的低迷時期,並為隨後的行業反彈做好準備。從長遠來看,我們所有的地區都需要翻新老舊房屋和建設大量新房,以滿足市場需求。憑藉我們在各地區、市場和產品方面的實力,我們預計會在房地產市場和經濟復甦時抓住更多機會。

關於 MOHAWK INDUSTRIES

Mohawk Industries 是全球領先的地板製造商,其產品旨在改善全球的住宅和商用空間。Mohawk 的垂直整合製造和分銷流程為其地毯、地墊、瓷磚、層壓板、木材、石材和乙烯基地板產品帶來競爭優勢。公司行業領先的創新催生了產品和技術,使其品牌在市場上脫穎而出,並滿足所有改建和新建工程的要求。公司旗下品牌備受業內認可,包括 American Olean、Daltile、Durkan、Eliane、Feltex、Godfrey Hirst、IVC、Karastan、Marazzi、Mohawk、Mohawk Group、Pergo、Quick-Step 和 Unilin。過去十年,Mohawk 已從一間美國地毯製造商轉變為全球最大的地板公司,業務遍及澳大利亞、巴西、加拿大、歐洲、馬來西亞、墨西哥、紐西蘭、俄羅斯和美國。

上文各段落的若干陳述,特別是預期未來業績、業務前景、增長和經營策略以及類似事項,以及包含「可以」、「應該」、「相信」、「預期」、「預計」和「估計」等詞語的陳述或類似表述構成「前瞻性陳述」。對於這些陳述,Mohawk 聲明受 1995 年私人證券訴訟改革法案中包含的前瞻性陳述安全港的保護。 無法保證前瞻性陳述的準確性,因為它們基於許多假設,涉及諸多風險和不明朗因素。以下重要因素可能導致未來結果不同:經濟或行業狀況的變化;競爭;運費、原材料價格和其他投入成本的上漲和下降;消費市場的擴張和收縮;貨幣價格波動;能源成本和供應;資本支出的時機和實施情況;公司產品價格上漲的時機和實施情況;減值費用;收購整合;國際業務;推出新產品;營運合理化;稅收和稅收改革;產品和其他權利要求;訴訟;與 2019 冠狀病毒病大流行相關的風險和不明朗因素;公司開展業務的司法管轄區的監管和政治變化;以及 Mohawk 的 SEC 報告和公告中識別的其他風險。

電話會議時間:2023 4 28 日,星期五,東部時間上午 11:00

如需透過互聯網參加電話會議,請造訪 http://ir.mohawkind.com/events/event-details/mohawk-industries-inc-1st-quarter-2023-earnings-call。如需透過電話參加電話會議,請前往 https://dpregister.com/sreg/10177490/f8f85704c6 提前註冊以獲取唯一個人識別碼,或在電話會議當天撥打 1-833-630-1962(美國/加拿大)和 1-412-317-1843(國際/本地)獲得接線員的幫助。電話會議重播內容可在 2023 年 5 月 26 日之前收聽,方法是:撥打 1-877-344-7529(美國/加拿大)或撥打 1-412-317-0088 (國際/本地)並輸入訪問代碼 #6741654。

聯絡方式:   James Brunk,財務總監
    (706) 624-2239

                

MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(Unaudited)
    Three Months Ended
(Amounts in thousands, except per share data)   April 1, 2023     April 2, 2022
         
Net sales   $ 2,806,223     3,015,663
Cost of sales     2,162,781     2,213,535
Gross profit     643,442     802,128
Selling, general and administrative expenses     517,652     481,327
Operating income     125,790     320,801
Interest expense     17,137     11,481
Other expense (income), net     (566 )   2,438
Earnings before income taxes     109,219     306,882
Income tax expense     28,943     61,448
Net earnings including noncontrolling interests     80,276     245,434
Net earnings attributable to noncontrolling interests     38     105
Net earnings attributable to Mohawk Industries, Inc.   $ 80,238     245,329
         
Basic earnings per share attributable to Mohawk Industries, Inc.   $ 1.26     3.79
Weighted-average common shares outstanding – basic     63,582     64,686
         
Diluted earnings per share attributable to Mohawk Industries, Inc.   $ 1.26     3.78
Weighted-average common shares outstanding – diluted     63,846     64,970
Other Financial Information        
    Three Months Ended
(Amounts in thousands)   April 1, 2023   April 2, 2022  
Net cash provided by operating activities   $ 257,276   54,954  
Less: Capital expenditures     128,493   129,470  
Free cash flow   $ 128,783   (74,516 )
         
Depreciation and amortization   $ 169,909   141,415  
MOHAWK INDUSTRIES, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Amounts in thousands) April 1, 2023   April 2, 2022
ASSETS      
Current assets:      
Cash and cash equivalents $ 572,858   230,559
Short-term investments   150,000   310,000
Receivables, net   2,052,362   2,044,698
Inventories   2,729,876   2,513,244
Prepaid expenses and other current assets   556,043   466,238
Total current assets   6,061,139   5,564,739
Property, plant and equipment, net   4,945,952   4,552,612
Right of use operating lease assets   396,064   384,740
Goodwill   2,022,457   2,579,385
Intangible assets, net   893,064   883,527
Deferred income taxes and other non-current assets   444,781   421,716
Total assets $ 14,763,457   14,386,719
LIABILITIES AND STOCKHOLDERS’ EQUITY      
Current liabilities:      
Short-term debt and current portion of long-term debt $ 1,056,473   1,546,463
Accounts payable and accrued expenses   2,155,412   2,220,347
Current operating lease liabilities   106,488   104,823
Total current liabilities   3,318,373   3,871,633
Long-term debt, less current portion   2,265,138   1,088,401
Non-current operating lease liabilities   304,123   293,239
Deferred income taxes and other long-term liabilities   770,117   845,843
Total liabilities   6,657,751   6,099,116
Total stockholders’ equity   8,105,706   8,287,603
Total liabilities and stockholders’ equity $ 14,763,457   14,386,719
Segment Information        
    As of or for the Three Months Ended
(Amounts in thousands)   April 1, 2023     April 2, 2022  
         
Net sales:        
Global Ceramic   $ 1,059,334     1,064,757  
Flooring NA     953,417     1,071,910  
Flooring ROW     793,472     878,996  
Consolidated net sales   $ 2,806,223     3,015,663  
         
Operating income (loss):        
Global Ceramic   $ 63,317     100,338  
Flooring NA     (2,013 )   95,324  
Flooring ROW     75,245     134,650  
Corporate and intersegment eliminations     (10,759 )   (9,511 )
Consolidated operating income   $ 125,790     320,801  
         
Assets:        
Global Ceramic   $ 5,499,366     5,240,214  
Flooring NA     4,265,140     4,220,757  
Flooring ROW     4,314,799     4,413,013  
Corporate and intersegment eliminations     684,152     512,735  
Consolidated assets   $ 14,763,457     14,386,719  

Reconciliation of Net Earnings Attributable to Mohawk Industries, Inc. to Adjusted Net Earnings Attributable to Mohawk Industries, Inc. and Adjusted Diluted Earnings Per Share Attributable to Mohawk Industries, Inc.

    Three Months Ended
(Amounts in thousands, except per share data)   April 1, 2023     April 2, 2022  
Net earnings attributable to Mohawk Industries, Inc.   $ 80,238     245,329  
Adjusting items:        
Restructuring, acquisition and integration-related and other costs     32,123     1,918  
Inventory step-up from purchase accounting     3,305      
Release of indemnification asset         7,263  
Income taxes – reversal of uncertain tax position         (7,263 )
Income tax effect of adjusting items     (3,723 )   (1,684 )
Adjusted net earnings attributable to Mohawk Industries, Inc.   $ 111,943     245,563  
         
Adjusted diluted earnings per share attributable to Mohawk Industries, Inc.   $ 1.75     3.78  
Weighted-average common shares outstanding – diluted     63,846     64,970  
Reconciliation of Total Debt to Net Debt Less Short-Term Investments  
(Amounts in thousands) April 1, 2023
Short-term debt and current portion of long-term debt $ 1,056,473
Long-term debt, less current portion   2,265,138
Total debt   3,321,611
Less: Cash and cash equivalents   572,858
Net debt   2,748,753
Less: Short-term investments   150,000
Net debt less short-term investments $ 2,598,753
Reconciliation of Net Earnings (Loss) to Adjusted EBITDA            
                  Trailing Twelve  
  Three Months Ended   Months Ended  
(Amounts in thousands) July 2,
2022
    October 1,
2022
    December 31,
2022
    April 1,
2023
    April 1,
2023
 
Net earnings (loss) including noncontrolling interests $ 280,510     (533,713 )   33,552     80,276     (139,375 )
Interest expense   12,059     13,797     14,601     17,137     57,594  
Income tax expense   78,176     15,569     2,917     28,943     125,605  
Net earnings attributable to noncontrolling interests   (79 )   (256 )   (96 )   (38 )   (469 )
Depreciation and amortization(1)   141,569     153,466     159,014     169,909     623,958  
EBITDA   512,235     (351,137 )   209,988     296,227     667,313  
Restructuring, acquisition and integration-related and other costs   1,801     21,375     33,786     9,104     66,066  
Inventory step-up from purchase accounting   143     1,401     1,218     3,305     6,067  
Impairment of goodwill and indefinite-lived intangibles       695,771             695,771  
Legal settlements, reserves and fees, net of insurance proceeds       45,000     9,231         54,231  
Adjusted EBITDA $ 514,179     412,410     254,223     308,636     1,489,448  
                   
Net debt less short-term investments to adjusted EBITDA                 1.7  

(1)Includes accelerated depreciation of $13,085 for Q3 2022 and $15,915 for Q4 2022 in addition to $23,019 for Q1 2023.

Reconciliation of Net Sales to Adjusted Net Sales
    Three Months Ended
(Amounts in thousands)   April 1, 2023     April 2, 2022
Mohawk Consolidated
Net sales   $ 2,806,223     3,015,663
Adjustment for constant shipping days     (948 )  
Adjustment for constant exchange rates     30,960    
Adjusted net sales   $ 2,836,235     3,015,663
Global Ceramic
Net sales   $ 1,059,334     1,064,757
Adjustment for constant shipping days     (948 )  
Adjustment for constant exchange rates     (6,187 )  
Adjusted net sales   $ 1,052,199     1,064,757
Flooring ROW        
Net sales   $ 793,472   878,996
Adjustment for constant exchange rates     37,147  
Adjusted net sales   $ 830,619   878,996
Reconciliation of Gross Profit to Adjusted Gross Profit
    Three Months Ended
(Amounts in thousands)   April 1, 2023     April 2, 2022  
Gross Profit   $ 643,442     802,128  
Adjustments to gross profit:        
Restructuring, acquisition and integration-related and other costs     29,056     938  
Inventory step-up from purchase accounting     3,305      
Adjusted gross profit   $ 675,803     803,066  
         
Adjusted gross profit as a percent of net sales     24.1 %   26.6 %
Reconciliation of Selling, General and Administrative Expenses to Adjusted Selling, General and Administrative Expenses
    Three Months Ended
(Amounts in thousands)   April 1, 2023     April 2, 2022  
Selling, general and administrative expenses   $ 517,652     481,327  
Adjustments to selling, general and administrative expenses:        
Restructuring, acquisition and integration-related and other costs     (4,058 )   (980 )
Adjusted selling, general and administrative expenses   $ 513,594     480,347  
         
Adjusted selling, general and administrative expenses as a percent of net sales     18.3 %   15.9 %
Reconciliation of Operating Income to Adjusted Operating Income
    Three Months Ended
(Amounts in thousands)   April 1, 2023     April 2, 2022  
Mohawk Consolidated        
Operating income   $ 125,790     320,801  
Adjustments to operating income:        
Restructuring, acquisition and integration-related and other costs     33,114     1,918  
Inventory step-up from purchase accounting     3,305      
Adjusted operating income   $ 162,209     322,719  
         
Adjusted operating income as a percent of net sales     5.8 %   10.7 %
Global Ceramic        
Operating income   $ 63,317     100,338  
Adjustments to segment operating income:        
Restructuring, acquisition and integration-related and other costs     637      
Inventory step-up from purchase accounting     2,941      
Adjusted segment operating income   $ 66,895     100,338  
         
Adjusted segment operating income as a percent of net sales     6.3 %   9.4 %
Flooring NA        
Operating (loss) income   $ (2,013 )   95,324  
Adjustments to segment operating (loss) income:        
Restructuring, acquisition and integration-related and other costs     6,990     105  
Adjusted segment operating income   $ 4,977     95,429  
         
Adjusted segment operating income as a percent of net sales     0.5 %   8.9 %
Flooring ROW        
Operating income   $ 75,245     134,650  
Adjustments to segment operating income:        
Restructuring, acquisition and integration-related and other costs     24,497     1,813  
Inventory step-up from purchase accounting     364      
Adjusted segment operating income   $ 100,106     136,463  
         
Adjusted segment operating income as a percent of net sales     12.6 %   15.5 %
Reconciliation of Earnings Including Noncontrolling Interests Before Income Taxes to Adjusted Earnings Including Noncontrolling Interests Before Income Taxes
    Three Months Ended
(Amounts in thousands)   April 1, 2023     April 2, 2022  
Earnings before income taxes   $ 109,219     306,882  
Net earnings attributable to noncontrolling interests     (38 )   (105 )
Adjustments to earnings including noncontrolling interests before income taxes:        
Restructuring, acquisition and integration-related and other costs     32,123     1,918  
Inventory step-up from purchase accounting     3,305      
Release of indemnification asset         7,263  
Adjusted earnings including noncontrolling interests before income taxes   $ 144,609     315,958  
Reconciliation of Income Tax Expense to Adjusted Income Tax Expense
    Three Months Ended
(Amounts in thousands)   April 1, 2023     April 2, 2022  
Income tax expense   $ 28,943     61,448  
Income taxes – reversal of uncertain tax position         7,263  
Income tax effect of adjusting items     3,723     1,684  
Adjusted income tax expense   $ 32,666     70,395  
         
Adjusted income tax rate     22.6 %   22.3 %

公司根據美國公認會計原則 (GAAP) 編制和列報的簡明綜合財務報表,採用了若干非 GAAP 財務指標。根據證券交易委員會規則的要求,上表顯示了公司的非 GAAP 財務指標根據最直接可比的美國 GAAP 指標調節的結果。除了可比較的美國 GAAP 指標外,還應考慮上述每項非 GAAP 指標,並且可能無法與其他公司報告的類似名稱的指標進行比較。本公司認為,這些非 GAAP 指標在根據相應的美國 GAAP 指標調節時,可在以下方面幫助其投資者:非 GAAP 收入指標有助於確定增長趨勢,並將收入與前期和未來期間進行比較,非 GAAP 盈利能力指標有助於了解公司業務的長期盈利趨勢,並將其利潤與前期和未來時期進行比較。

公司將若干項目排除在其非 GAAP 收入指標之外,因為這些項目在不同時期可能會有很大差異,並且可能掩蓋潛在的業務趨勢。公司的非 GAAP 收入指標中不包括的項目有:外幣交易和換算。

公司從其非 GAAP 盈利能力指標中剔除了若干項目,因為這些項目可能不代表公司的核心經營業績,或與其無關。公司非 GAAP 盈利能力指標中剔除的項目包括:重組、收購和整合相關及其他成本、法律和解、準備金和費用、扣除保險收益、商譽減值和壽命不確定的無形資產、收購購買會計,包括購買會計存貨增加、補償資產的釋放和不確定稅收狀況的逆轉。



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