Company Overview - Mohawk Industries' 2024 net sales reached $10.8 billion[12] - The company has approximately 41,900 employees and operates in around 180 countries[12] - The company estimates ~$100 million restructuring savings in 2025[34] Financial Performance - Q2 2025 net sales were $2.8021 billion, essentially flat compared to Q2 2024[67, 68] - Adjusted diluted EPS for Q2 2025 was $2.77[67, 68] - Adjusted EBITDA for Q2 2025 was $371.4 million, with an adjusted EBITDA margin of 13.3%[67, 68] - The company's free cash flow was approximately $126 million in Q2 2025[71] - The company has ~$1.6 billion in total share repurchases since 2020, representing ~15% of outstanding shares[50] Segment Performance - Global Ceramic segment sales for Q2 2025 were $1.1209 billion with an adjusted operating income of $90.3 million[75] - Flooring Rest of the World segment sales for Q2 2025 were $734.4 million with an adjusted operating income of $76.4 million[80] - Flooring North America segment sales for Q2 2025 were $946.8 million with an adjusted operating income of $69.2 million[85] Outlook and Strategy - The company reduced its 2025 CapEx projection to ~$500 million[71, 89] - Q3 2025 guidance for EPS is $2.56 to $2.66[89]

This presentation may include discussion of non-GAAP numbers. For a reconciliation of any non-GAAP to GAAP amounts, please refer to the reconciliation tables at the end of this presentation. MOHAWK INDUSTRIES 1 Q1 2025 Ways We Win 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," ...