Earnings ·
Mohawk Industries reported second quarter 2026 net earnings of $196 million, or $3.22 per share, compared to $147…
MHKMohawk Industries Inc
Mohawk Industries reported second quarter 2026 net earnings of $196 million, or $3.22 per share, compared to $147 million and $2.34 per share in the prior year period. Net sales reached $3.0 billion, a 6.8% increase as reported. Adjusted net earnings were $223 million, with adjusted EPS of $3.67, benefiting from approximately $0.63 per share in tariff refunds. The company purchased over 600,000 shares for approximately $60 million under its buyback program. Additionally, the filing announced that Paul De Cock will succeed Jeff Lorberbaum as CEO on September 30, 2026, while Lorberbaum remains Chairman. Mohawk Industries operates in the flooring industry, manufacturing ceramic tile, carpet, laminate, wood, vinyl and hybrid flooring products.