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Mohawk Industries: Q2 Earnings Snapshot
Mohawk said pricing actions and tariff refunds helped lift adjusted EPS to $3.67, while free cash flow rose to $228.2 million.
- On Friday, July 31, 2026, Mohawk Industries reported second-quarter net sales of $3.0 billion, up 6.8%, with diluted EPS of $3.22 and adjusted EPS of $3.67. Chairman and CEO Jeff Lorberbaum stated results significantly exceeded expectations.
- Performance benefited from approximately $0.63 in tariff refunds, reversing previously absorbed costs. Mohawk initiated projects including warehouse consolidation and organizational realignment targeting about $60 million in cost reductions by end-2027.
- Global Ceramic Segment sales increased 7.9% as reported, while Flooring Rest of the World Segment rose 9.7%. Commercial sector outperformed soft residential channels amid affordability challenges and weak new home construction.
- For the third quarter, Mohawk expects adjusted EPS between $2.50 and $2.60. President and Chief Operating Officer Paul De Cock will succeed Lorberbaum as CEO effective September 30, 2026.
- Mohawk Industries improved free cash flow to $228.2 million during Q2, up from $126.1 million year-over-year. The company repurchased over 600,000 shares for approximately $60 million, signaling confidence in operational leverage.
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Mohawk Industries Reports Q2 2026 Results
CALHOUN, Ga., July 30, 2026 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2026 net earnings of $196 million and earnings per share (“EPS”) of $3.22; adjusted net earnings were $223 million, and adjusted EPS was…
·Cambridge, Canada
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Mohawk delivers positive Q2; hints at more price hikes - Big Furniture Group
Global flooring manufacturer Mohawk Industries, Inc. has reported an increase in second quarter revenue. According to its latest trading update for Q2 2026, net sales rose 6.8% to $3bn from $2.8bn in 2025. Net earnings resulted at $196m, up from $147m recorded in the previous year. Net sales in the Flooring North America Segment increased […] The post Mohawk delivers positive Q2; hints at more price hikes appeared first on Big Furniture Group.
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Total News Sources12
Leaning Left4Leaning Right4Center1Last UpdatedBias Distribution45% Left, 44% Right
Bias Distribution
- 45% of the sources lean Left, 44% of the sources lean Right
45% Left
L 45%
11%
R 44%
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