Mohawk(US:MHK)2025-07-25 15:00Company 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]