Mohawk Q2 FY26 EPS climbs 37.61% to $3.22; net sales rise 6.8% to $3 billion
Reuters2026/07/30 20:43Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Mohawk Industries Q2 2026 net earnings rose 33.9% to $196 million, lifting EPS to $3.22.
- Net sales climbed 6.8% to $3.0 billion, with segment sales up 7.9% in Global Ceramic, 3.1% in Flooring North America, 9.7% in Flooring Rest of World.
- Adjusted EPS increased to $3.67, including about $0.63 from tariff refunds that were not included in guidance.
- Management flagged about $60 million of cost reductions from new simplification and consolidation projects, mostly completed by end-2027, requiring about $50 million of cash costs and capex.
- For Q3, Mohawk expects adjusted EPS of $2.50-$2.60, including about $0.12 from additional tariff refunds already received.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mohawk Industries Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607301615PRIMZONEFULLFEED9801218) on July 30, 2026, and is solely responsible for the information contained therein.
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