Mohawk

• Our third quarter performance was seasonally impacted by vacations in Europe, which reduced our sales and earnings versus the prior quarter.
• The predicted timing of the housing sector recovery continues to be postponed, and we are managing the business to optimize our results and cash flow until it occurs.
• Across the enterprise, we are implementing productivity, cost reduction and restructuring initiatives to lower our expenses and improve our results.
• As the world’s largest flooring provider, Mohawk is well positioned to capitalize on these opportunities.”

• The ruling comes after a group of Indigenous women known as the Mohawk Mothers called for an emergency court hearing to halt excavations at the site.
• In October 2022, the Mohawk Mothers obtained a temporary injunction against McGill to stop any excavations.
• In April, Québec’s Superior Court approved a settlement allowing the Mohawk Mothers to investigate unmarked graves at the site.
• Read more:
  Inside the search for the unmarked graves of children lost to Indian Residential Schools — Podcast

Defining mapping

• McGill’s lawyer argued that mapping means making a map with points or zones where different archaeological techniques should be applied to find human remains.
• When all the zones were drawn, the panel could be disbanded because the mapping was over.
• This interpretation distorts and extensively simplifies the process of mapping the unmarked graves of children.
• It reduces mapping to a mere checklist item, detached from the ever-changing reality on the ground.
• While this initial mapping serves as a starting point, the panel should remain involved as the map evolves.

Colonial vs. decolonial perspectives

• Observing the courtroom proceedings, I was struck by the enduring presence of colonial assumptions about cartography.
• Indigenous communities continue having to advocate for and defend their cartographic methods in order to uphold their connections and duties to the land.
• A truly decolonial mapping project centres and respects Indigenous geographical knowledge and protocols, and includes involvement of Indigenous communities in the process.

• Wolfspeed, Inc. (NYSE: WOLF) today announced its results for the fourth quarter of fiscal 2023 and the full 2023 fiscal year.
• For its first quarter of fiscal 2024, Wolfspeed targets revenue in a range of $220 million to $240 million.
• Wolfspeed will host a conference call at 5:00 p.m. Eastern time today to review the highlights of its fourth quarter results and its fiscal first quarter 2024 business outlook, including significant factors and assumptions underlying the targets noted above.
• Supplemental financial information, including the non-GAAP reconciliation attached to this press release, is available on Wolfspeed's website at investor.wolfspeed.com/results.cfm.

• CALHOUN, Ga., July 27, 2023 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2023 net earnings of $101 million and diluted earnings per share (“EPS”) of $1.58.
• Commenting on Mohawk Industries’ second quarter performance, Jeffrey S. Lorberbaum, Chairman and CEO, stated, “Our margins across the enterprise expanded sequentially due to seasonal improvements, increased production, productivity initiatives and lower input costs.
• At Mohawk, we are taking the necessary steps to manage today's challenges while preparing for tomorrow's opportunities.
• These factors will create higher growth for flooring, and our investments in capacity expansions and our recent acquisitions will further enhance our results.”