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Here's What Key Metrics Tell Us About Mohawk Industries (MHK) Q1 Earnings
MHKMohawk(MHK) ZACKS·2025-05-01 23:06

Core Insights - Mohawk Industries reported revenue of 2.53billionforthequarterendedMarch2025,adecreaseof5.72.53 billion for the quarter ended March 2025, a decrease of 5.7% year-over-year, with EPS at 1.52 compared to 1.86inthesamequarterlastyear[1]TherevenuefellshortoftheZacksConsensusEstimateof1.86 in the same quarter last year [1] - The revenue fell short of the Zacks Consensus Estimate of 2.57 billion, resulting in a surprise of -1.84%, while the EPS exceeded the consensus estimate of 1.41by7.801.41 by 7.80% [1] Financial Performance Metrics - Global Ceramic net sales were reported at 993.80 million, below the five-analyst average estimate of 1.02billion,reflectingayearoveryeardeclineof4.91.02 billion, reflecting a year-over-year decline of 4.9% [4] - Flooring ROW net sales reached 669.60 million, compared to the estimated 705.06million,markingan8.8705.06 million, marking an 8.8% decrease from the previous year [4] - Flooring NA net sales were 862.40 million, slightly above the estimated 856.50million,butstilldown4.2856.50 million, but still down 4.2% year-over-year [4] - Adjusted Operating Income for Global Ceramic was 48.20 million, below the average estimate of 50.12million[4]AdjustedOperatingIncomeforFlooringNAwas50.12 million [4] - Adjusted Operating Income for Flooring NA was 25.50 million, exceeding the average estimate of 20.44million[4]AdjustedOperatingIncomeforFlooringROWwas20.44 million [4] - Adjusted Operating Income for Flooring ROW was 61 million, slightly below the average estimate of 62.52million[4]Corporateandintersegmenteliminationsreportedanadjustedoperatingincomeof62.52 million [4] - Corporate and intersegment eliminations reported an adjusted operating income of -12.30 million, worse than the average estimate of -$10.65 million [4] Stock Performance - Shares of Mohawk Industries have returned -9.2% over the past month, compared to a -0.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]