Q 3 2025 Ways We Win mohawkind.com NYSE: MHK Forward-looking Statements & Non-GAAP Numbers Certain of the statements in this presentation, particularly those anticipating future performance, business prospects, growth and operating strategies and similar matters and those that include the words "could," "should," "believes," "anticipates," "expects," and "estimates," or similar expressions constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, an ...

Core Insights - Mohawk Industries reported $2.76 billion in revenue for Q3 2025, a year-over-year increase of 1.4% [1] - The EPS for the quarter was $2.67, down from $2.90 a year ago, with a surprise of -0.37% compared to the consensus estimate of $2.68 [1] Revenue Performance - Global Ceramic net sales reached $1.1 billion, exceeding the average estimate of $1.07 billion, reflecting a year-over-year increase of 4.4% [4] - Flooring ROW net sales were $716.4 million, surpassing the average estimate of $691.95 million, marking a 4.3% year-over-year increase [4] - Flooring NA net sales were $936.8 million, below the estimated $961.3 million, representing a decline of 3.8% year-over-year [4] Operating Income - Adjusted Operating Income for Global Ceramic was $89.8 million, above the average estimate of $85.02 million [4] - Adjusted Operating Income for Flooring NA was $67.9 million, lower than the average estimate of $76.48 million [4] - Adjusted Operating Income for Flooring ROW was $59.3 million, compared to the average estimate of $68.22 million [4] - Corporate and intersegment eliminations reported an adjusted operating income of -$11.5 million, better than the estimated -$13.2 million [4] Stock Performance - Mohawk Industries shares returned +0.3% over the past month, slightly outperforming the Zacks S&P 500 composite's +0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market [3]

Mohawk Industries (MHK) came out with quarterly earnings of $2.67 per share, missing the Zacks Consensus Estimate of $2.68 per share. This compares to earnings of $2.9 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.37%. A quarter ago, it was expected that this flooring maker would post earnings of $2.62 per share when it actually produced earnings of $2.77, delivering a surprise of +5.73%.Over the last four quarters, the c ...

Financial Performance - Q3 2025 net earnings were $109 million, with an EPS of $1.75; adjusted net earnings were $167 million, and adjusted EPS was $2.67[1]. - Net sales for Q3 2025 were $2.8 billion, up 1.4% year-over-year; for the first nine months of 2025, net sales were $8.1 billion, a decrease of 1.4% compared to the prior year[2]. - Consolidated net sales for the three months ended September 27, 2025, were $2,757.9 million, a slight increase from $2,719.0 million in the same period last year, reflecting a growth of 1.4%[24]. - Adjusted net earnings attributable to Mohawk Industries, Inc. for the three months ended September 27, 2025, were $166.5 million, compared to $184.0 million for the same period in 2024, a decrease of 9.1%[25]. - Adjusted diluted earnings per share for the three months ended September 27, 2025, were $2.67, down from $2.90 in the prior year, a decline of 7.9%[25]. - Consolidated operating income for the three months ended September 27, 2025, was $136.7 million, down from $212.3 million in the same period last year, a decrease of 35.5%[32]. - Adjusted gross profit for the three months ended September 27, 2025, was $699.0 million, compared to $711.3 million in the prior year, a decrease of 1.9%[30]. - Earnings before income taxes for the three months ended September 27, 2025, decreased to $132.1 million from $201.8 million for the same period in 2024, representing a decline of approximately 34.4%[34]. - Adjusted earnings before income taxes for the same period were $200.6 million, down from $229.4 million, reflecting a decrease of about 12.6%[34]. Cash Flow and Shareholder Returns - The company generated approximately $310 million in free cash flow during the quarter and repurchased 315,000 shares for about $40 million[6]. Cost Management and Restructuring - Annualized savings from new restructuring actions are expected to be approximately $32 million, contributing to a total of $110 million in savings for the year[5]. - The company is focusing on operational enhancements and technology advancements to lower costs without impacting long-term growth potential[4]. - Restructuring, acquisition, and integration-related costs amounted to $47.2 million in the latest quarter, significantly higher than $19.5 million in the prior year[34]. - Adjusted selling, general and administrative expenses as a percentage of net sales for the three months ended September 27, 2025, were 17.9%, compared to 17.3% in the prior year[31]. Taxation - Income tax expense for the three months ended September 27, 2025, was $23.3 million, compared to $39.8 million in the prior year, indicating a reduction of approximately 41.5%[35]. - Adjusted income tax expense decreased to $34.1 million from $45.4 million, a decline of about 25.5%[35]. - The adjusted income tax rate to adjusted earnings before income taxes improved to 17.0% from 19.8% year-over-year[35]. Market and Industry Outlook - The flooring industry is expected to benefit from declining interest rates, which should encourage increased home sales and remodeling over time[11]. Asset and Liability Management - Total assets increased to $13,620.5 million as of September 27, 2025, up from $13,313.2 million a year earlier, representing a growth of 2.3%[23]. - Total liabilities decreased to $5,279.5 million as of September 27, 2025, from $5,457.5 million a year earlier, a reduction of 3.3%[23]. - Net debt as of September 27, 2025, was $1,402.7 million, calculated as total debt of $1,918.9 million minus cash and cash equivalents of $516.2 million[26]. Supply Chain and Pricing Strategy - The company is addressing tariff impacts by optimizing the supply chain and implementing price adjustments on affected product categories[7]. - Material and energy expenses are improving from peak levels, although higher costs from earlier in the year will continue to affect Q4 earnings[3]. Non-GAAP Financial Measures - The company continues to utilize non-GAAP financial measures to provide insights into growth trends and long-term profitability, which may not be directly comparable to other companies[36]. - Certain items are excluded from non-GAAP revenue measures to avoid obscuring underlying business trends, including foreign currency transactions and the impact of acquisitions[37]. - Non-GAAP profitability measures exclude costs that are not indicative of core operating performance, such as restructuring and legal settlements[38].

CALHOUN, Ga., Oct. 23, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced third quarter 2025 net earnings of $109 million and earnings per share (“EPS”) of $1.75; adjusted net earnings were $167 million, and adjusted EPS was $2.67. Net sales for the third quarter of 2025 were $2.8 billion, up 1.4% as reported and essentially flat on an adjusted basis versus the prior year. During the third quarter of 2024, the Company reported net sales of $2.7 billion, net earnings of $162 million ...

The upcoming report from Mohawk Industries (MHK) is expected to reveal quarterly earnings of $2.66 per share, indicating a decline of 8.3% compared to the year-ago period. Analysts forecast revenues of $2.72 billion, representing an increase of 0.1% year over year.The consensus EPS estimate for the quarter has undergone a downward revision of 1.2% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this ...

Key Takeaways Mohawk's Q3 EPS estimate of $2.67 implies a 7.9% drop from $2.90 in the prior-year quarter.Net sales are expected at $2.72B, up 0.2% year over year on favorable pricing and FX trends.MHK's margins face pressure from higher costs despite efficiency and supply-chain improvements.Mohawk Industries, Inc. (MHK) is scheduled to report results for its third quarter of 2025 on Oct. 23, after market close.In the last reported quarter, the company’s adjusted earnings per share (EPS) and net sales topped ...

Group 1 - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and companies that generate it [1] - The service offers subscribers access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] Group 2 - A two-week free trial is available for new subscribers, promoting engagement with the oil and gas market [2]

Group 1 - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow and companies that generate it [1] - The service offers subscribers access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live chat discussions about the sector [1] Group 2 - A two-week free trial is available for new subscribers, promoting engagement with the oil and gas market [2]

Core Insights - Mohawk Industries, Inc. is one of the largest flooring manufacturers globally, offering a diverse range of products for residential and commercial use [1][2] - The company operates with a vertically integrated model, covering design, manufacturing, distribution, and sales, and has a market capitalization of $8.03 billion [2] Financial Performance - Mohawk is expected to report a profit decline of 8.3% year-over-year for Q3 2025, with an anticipated profit of $2.66 per diluted share [3] - For the fiscal year 2025, the profit is projected to decrease by 6.2% annually to $9.10 per diluted share [4] - The company reported net sales of $2.80 billion for Q2, slightly exceeding analyst expectations of $2.79 billion, despite a 7.7% drop in adjusted EPS to $2.77 [7] Stock Performance - Over the past 52 weeks, Mohawk's stock has decreased by 18.3%, while it has increased by 5.9% year-to-date [5] - In comparison, the S&P 500 Index has risen by 17.2% over the same 52-week period [5] - The company has underperformed within the consumer cyclical sector, where the Consumer Discretionary Select Sector SPDR Fund has gained 21.1% over the past year [6]