MHK

The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Mohawk Industries (NYSE:MHK) and the rest of the consumer discretionary - home furnishings stocks fared in Q1. The Consumer Discretionary sector, by definition, is made up of companies selling non-essential goods and services. When economic conditions deteriorate or tastes shift, consumers can easily cut back or eliminate these purchases. For long-term investors with five-year holding periods, this creates a structural challenge: the sector is inherently hit-driven, with low switching costs and fickle customers. As a result, only a handful of companies can reliably grow demand and compound earnings over long periods, which is why our bar is high and High Quality ratings are rare. Home furnishings companies design, manufacture, and sell furniture, décor, bedding, and related household products for residential and commercial spaces. Tailwinds include e-commerce expansion enabling broader distribution, continued remote-work trends sustaining home improvement interest, and premiumization as consumers invest in living spaces. However, headwinds are considerable: demand is closely tied to housing market activity, and rising mortgage rates have slowed home sales—a key purchase trigger. Bulky products carry high shipping costs and complex logistics. Intense competition from low-cost imports and mass-market retailers compresses margins, while consumer spending on furnishings is among the first categories deferred during economic downturns. The 5 consumer discretionary - home furnishings stocks we track reported a slower Q1. As a group, revenues missed analysts’ consensus estimates by 2% while next quarter’s revenue guidance was 2.8% below. While some consumer discretionary - home furnishings stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 4.2% since the latest earnings results. Established in 1878, Mohawk Industries (NYSE:MHK) is a leading producer of floor-covering products for both residential and commercial applications. Mohawk Industries reported revenues of $2.73 billion, up 8% year on year. This print fell short of analysts’ expectations by 0.5%. Overall, it was a mixed quarter for the company with a decent beat of analysts’ adju...

CALHOUN, Ga., July 01, 2026 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries’ (NYSE: MHK) Second Quarter 2026 earnings release on Thursday, July 30, 2026, you are invited to listen to the conference call that will be broadcast live on Friday, July 31, 2026, at 11:00 am ET. For those unable to listen at the designated time, the call will remain available for replay through August 28, 2026, by dialing 1-855-669-9658 (U.S./Canada) or 1-412-317-0088 (International) and entering Replay Access Code 9372095. The call will be archived and available for replay for one year under the “Investors” tab of mohawkind.com. ABOUT MOHAWKOver the past two decades, Mohawk Industries has transformed its business into the world’s largest flooring company with leading positions in North America, Europe, South America and Oceania. Mohawk’s vertically integrated manufacturing and distribution operations provide a competitive advantage in the production of ceramic tile, carpet and laminate, wood, vinyl and hybrid flooring products. Mohawk’s industry-leading innovation has yielded designs and performance enhancements that differentiate its collections in the marketplace and satisfy all residential and commercial remodeling and new construction requirements. The Company’s brands are among the most recognized and respected in the industry and include American Olean, Daltile, Durkan, Eliane, Elizabeth, Feltex, Godfrey Hirst, Karastan, Marazzi, Mohawk, Mohawk Group, Pergo, Quick-Step, Unilin and Vitromex. Contact:Mohawk Industries, Inc.Joe Ahlersmeyer, CFAVice President – Finance & Investor [email protected]

Mohawk Industries currently trades at $111.44 per share and has shown little upside over the past six months, posting a middling return of 1%. The stock also fell short of the S&P 500’s 9.3% gain during that period. Is there a buying opportunity in Mohawk Industries, or does it present a risk to your portfolio? Get the full stock story straight from our expert analysts, it’s free. We’re swiping left on Mohawk Industries for now. Here are three reasons why there are better opportunities than MHK, plus one stock we’d rather own. A company’s long-term sales performance is one signal of its overall quality. Even a bad business can shine for one or two quarters, but a top-tier one grows for years. Regrettably, Mohawk Industries’s sales grew at a weak 2% compounded annual growth rate over the last five years. This was below our standards. If you’ve followed StockStory for a while, you know we emphasize free cash flow. Why, you ask? We believe that in the end, cash is king, and you can’t use accounting profits to pay the bills. Over the next year, analysts predict Mohawk Industries’s cash conversion will fall. Their consensus estimates imply its free cash flow margin of 6.5% for the last 12 months will decrease to 5.9%. We like to invest in businesses with high returns, but the trend in a company’s ROIC can also be an early indicator of future business quality. Unfortunately, Mohawk Industries’s ROIC has stayed the same over the last few years. If the company wants to become an investable business, it must improve its returns by generating more profitable growth. Mohawk Industries doesn’t pass our quality test. With its shares lagging the market recently, the stock trades at 12.5× forward P/E (or $111.44 per share). This valuation multiple is fair, but we don’t have much confidence in the company. There are more exciting stocks to buy at the moment. We’d suggest looking at the most entrenched endpoint security platform on the market. ONE MORE THING: Top 6 Stocks for This Week. This market is separating quality stocks from expensive ones fast. AI is taking down whole sectors with no warning. In a rotation this fast, you need more than a list of good companies. Our AI system flagged Palantir before it ran 1,662%. AppLovin before it ran 753%. Nvidia before it ran 1,178%. Each week it produces 6 new names that pass the same tests. Get Our Top 6 Stocks for Free HERE. St...

This article first appeared on GuruFocus. Adjusted EPS: $1.90, up approximately 25% versus the prior year. Net Sales: $2.7 billion, an increase of 8% as reported or decreased 2.6% on a constant basis. Gross Margin: 23.5% as reported and 24.8% on an adjusted basis, up 70 basis points from prior year. SG&A Expenses: 19.4% as reported and 19.3% excluding charges, in line with prior year levels. Operating Income: $112 million or 4.1% of net sales as reported; adjusted operating income was $149 million or 5.5% of sales. Interest Expense: $2 million, a decrease compared to prior year. Adjusted Tax Rate: 19.4%. Global Ceramic Net Sales: Just under $1.1 billion, a 10.4% increase as reported. Flooring North America Net Sales: $880 million, a 2% increase as reported. Flooring Rest of the World Sales: $751 million, a 12.2% increase as reported. Cash and Cash Equivalents: $872 million. Free Cash Flow: $8 million in the quarter. CapEx Spending: $102 million in the quarter, with a plan to invest approximately $480 million in 2026. Net Debt: $1.2 billion with a net debt-to-EBITDA ratio of 0.9. Warning! GuruFocus has detected 6 Warning Signs with MHK. Is MHK fairly valued? Test your thesis with our free DCF calculator. Release Date: May 01, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Mohawk Industries Inc (NYSE:MHK) reported an adjusted EPS of $1.90, up approximately 25% versus the prior year. Net sales for the quarter were $2.7 billion, an increase of 8% as reported. The company repurchased 607,000 shares of stock for $64 million, demonstrating strong shareholder return. Mohawk Industries Inc (NYSE:MHK) has a strong balance sheet with net debt of $1.2 billion and a net debt-to-EBITDA ratio of 0.9. The Global Ceramic segment delivered improved sales and profitability year-over-year, with a 10.4% increase in net sales as reported. The company is facing increased input costs due to inflation, with $28 million in increased costs reported. Higher gasoline and diesel prices are contributing to a more cautious consumer outlook, affecting demand. The European market is more affected by the Middle East conflict due to its dependence on oil and gas, leading to increased volatility. Residential remodeling and new home construction remain soft, impacting sales in these segments. The company anticipates further inflationary...

Image source: The Motley Fool. Friday, May 1, 2026 at 11:00 a.m. ET Chairman and Chief Executive Officer — Jeffrey S. Lorberbaum Chief Financial Officer — Nicholas Manthey President, Mohawk Flooring — Paul De Cock Jeffrey S. Lorberbaum: Thank you, Nick. Our performance for the first quarter was in line with our expectations despite a challenging environment. Our adjusted EPS was $1.90, up approximately 25% versus the prior year. Our results include benefits from productivity, restructuring, and product mix, offset by inflation and volume. Last year was impacted by the system conversion and had four fewer days. Our net sales were approximately $2.7 billion, an increase of 8% as reported or a decrease of 2.6% on a constant basis. Across our regions, the commercial sector continued to outperform residential, new home construction remained soft, and consumers continued to defer home purchases and remodeling projects due to economic uncertainty. We are implementing productivity actions and executing our previously announced projects to enhance our results. During the quarter, we repurchased 607 thousand shares of stock for $64 million as part of our current stock buyback authorization. Our strong balance sheet provides strategic and operational flexibility to take advantage of opportunities that arise. In February, the conflict in the Middle East intensified, increasing uncertainty in global energy markets. The full impact of the conflict is unpredictable given the disruption to the worldwide supply of oil and natural gas. Higher gasoline and diesel prices were the fastest and most visible impact of supply disruptions and are contributing to a more cautious consumer outlook. Energy prices as well as the cost of oil and natural gas derivatives are also increasing, which affects the costs of many of our products. Depending on the duration of the conflict, the economic impact will vary across our markets, with increased inflation reducing consumer sentiment and discretionary spending. U.S. natural gas prices have been less impacted due to significant domestic production, though oil prices in the U.S. have risen as they follow worldwide trends. In the U.S., 10-year treasury yields have increased, creating a corresponding rise in mortgage rates. The European continent will be more affected due to the dependence on oil and gas from the Middle East. We have made forward...

Q1 results: Mohawk reported adjusted EPS of $1.90, up about 25% year‑over‑year, on roughly $2.7 billion of sales (up 8% reported, down 2.6% constant currency), with margins aided by productivity and restructuring but weighed by inflation and weaker residential volumes. Cost and pricing outlook: Management said the intensifying Middle East conflict has raised energy and raw‑material volatility, prompting announced price increases generally in the mid‑to‑high single digits and warning that cost inflation is expected to ramp in the second half as inventory costs flow through. Balance sheet and guidance: Mohawk repurchased 607,000 shares for $64 million, finished the quarter with $872 million cash and net debt of $1.2 billion (net debt/EBITDA 0.9%), and guided Q2 adjusted EPS of $2.50–$2.60 while planning about $480 million of 2026 CapEx. Interested in Mohawk Industries, Inc.? Here are five stocks we like better. Falling Inflation Sparks Optimism for These 3 Home Builder Stocks Mohawk Industries (NYSE:MHK) reported first-quarter 2026 results that management said were in line with expectations despite soft residential demand and rising cost pressures tied to an intensifying Middle East conflict. Chairman and CEO Jeff Lorberbaum said adjusted earnings per share were $1.90, up about 25% year over year. He attributed the improvement to “benefits from productivity, restructuring, and product mix, offset by inflation and volume.” He also noted the prior year was impacted by an order management system conversion and had four fewer days. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss Tip The Risk / Reward Scale In your Favor With These 3 Names Net sales were approximately $2.7 billion, up 8% as reported but down 2.6% on a constant-currency basis. Lorberbaum said the commercial sector continued to outperform residential across regions, while new home construction remained soft and consumers continued to defer purchases and remodeling amid uncertainty. Chief Financial Officer Nick Manthey said gross margin was 23.5% as reported and 24.8% on an adjusted basis, up 70 basis points year over year. He said restructuring and productivity initiatives provided $32 million of benefit and favorable foreign exchange added $20 million, offsetting $28 million of increased input costs. SG&A was 19.4% of sales as reported (19.3% excluding charges), and operating income was $...

Mohawk Industries (MHK) reported fiscal Q1 adjusted earnings late Thursday of $1.90 per diluted shar

Flooring manufacturer Mohawk Industries (NYSE:MHK) missed Wall Street’s revenue expectations in Q1 CY2026, but sales rose 8% year on year to $2.73 billion. Its non-GAAP profit of $1.90 per share was 4.8% above analysts’ consensus estimates. Is now the time to buy Mohawk Industries? Find out in our full research report. Revenue: $2.73 billion vs analyst estimates of $2.74 billion (8% year-on-year growth, 0.5% miss) Adjusted EPS: $1.90 vs analyst estimates of $1.81 (4.8% beat) Adjusted EBITDA: $299.8 million vs analyst estimates of $296.4 million (11% margin, 1.1% beat) Adjusted EPS guidance for Q2 CY2026 is $2.55 at the midpoint, below analyst estimates of $2.73 Operating Margin: 4.1%, in line with the same quarter last year Free Cash Flow was $7.8 million, up from -$85.4 million in the same quarter last year Market Capitalization: $6.30 billion Commenting on the Company’s first quarter, Chairman and CEO Jeff Lorberbaum stated, “Our performance was in line with our expectations despite a challenging environment. Our results include benefits from productivity, restructuring and product mix, offset by inflation and volume. Last year was impacted by the system conversion and had four fewer days. Across our regions, the commercial sector continued to outperform residential. New home construction remained soft, and consumers continued to defer home purchases and remodeling projects due to economic uncertainty. We are implementing productivity actions and executing our previously announced restructuring projects to enhance our results. During the quarter, we repurchased 607,000 shares of our stock for $64 million as part of our current stock buyback authorization. Our strong balance sheet provides strategic and operational flexibility to take advantages of opportunities that arise. Established in 1878, Mohawk Industries (NYSE:MHK) is a leading producer of floor-covering products for both residential and commercial applications. A company’s long-term sales performance can indicate its overall quality. Any business can have short-term success, but a top-tier one grows for years. Unfortunately, Mohawk Industries’s 2% annualized revenue growth over the last five years was weak. This was below our standards and is a rough starting point for our analysis. We at StockStory place the most emphasis on long-term growth, but within consumer discretionary, a stretched historic...

CALHOUN, Ga. (AP) — CALHOUN, Ga. (AP) — Mohawk Industries Inc. (MHK) on Thursday reported first-quarter earnings of $117.1 million. The Calhoun, Georgia-based company said it had net income of $1.90 per share. The results topped Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.80 per share. The flooring maker posted revenue of $2.73 billion in the period, which missed Street forecasts. Four analysts surveyed by Zacks expected $2.74 billion. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MHK at https://www.zacks.com/ap/MHK

For the quarter ended March 2026, Mohawk Industries (MHK) reported revenue of $2.73 billion, up 8% over the same period last year. EPS came in at $1.90, compared to $1.52 in the year-ago quarter. The reported revenue represents a surprise of -0.27% over the Zacks Consensus Estimate of $2.74 billion. With the consensus EPS estimate being $1.80, the EPS surprise was +5.47%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Mohawk Industries performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Global Ceramic: $1.1 billion versus the three-analyst average estimate of $1.08 billion. The reported number represents a year-over-year change of +10.4%. Net Sales- Flooring ROW: $751.3 million compared to the $738.99 million average estimate based on three analysts. The reported number represents a change of +12.2% year over year. Net Sales- Flooring NA: $880 million compared to the $890.51 million average estimate based on three analysts. The reported number represents a change of +2% year over year. Adjusted Operating Income- Global Ceramic: $54.5 million versus $47.66 million estimated by three analysts on average. Adjusted Operating Income- Corporate and intersegment eliminations: $-13.6 million versus $-12.75 million estimated by three analysts on average. Adjusted Operating Income- Flooring ROW: $73.5 million versus $68.8 million estimated by three analysts on average. Adjusted Operating Income- Flooring NA: $35.1 million versus the three-analyst average estimate of $43.56 million. View all Key Company Metrics for Mohawk Industries here>>> Shares of Mohawk Industries have returned +3.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term. Want the latest recommendations from Zacks Inve...

CALHOUN, Ga., April 30, 2026 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2026 net earnings of $117 million and earnings per share (“EPS”) of $1.90; adjusted net earnings were $117 million, and adjusted EPS was $1.90. Net sales for the first quarter of 2026 were $2.7 billion, up 8.0% as reported and down 2.6% adjusted for constant days and exchange rates versus the prior year. During the first quarter of 2025, the Company reported net sales of $2.5 billion, net earnings of $73 million and earnings per share of $1.15; adjusted net earnings were $96 million, and adjusted EPS was $1.52. Commenting on the Company’s first quarter, Chairman and CEO Jeff Lorberbaum stated, “Our performance was in line with our expectations despite a challenging environment. Our results include benefits from productivity, restructuring and product mix, offset by inflation and volume. Last year was impacted by the system conversion and had four fewer days. Across our regions, the commercial sector continued to outperform residential. New home construction remained soft, and consumers continued to defer home purchases and remodeling projects due to economic uncertainty. We are implementing productivity actions and executing our previously announced restructuring projects to enhance our results. During the quarter, we repurchased 607,000 shares of our stock for $64 million as part of our current stock buyback authorization. Our strong balance sheet provides strategic and operational flexibility to take advantages of opportunities that arise. At the end of February, the conflict in the Middle East intensified, increasing volatility in global energy markets. Higher gasoline and diesel prices were the fastest and most visible impact of supply disruptions and are contributing to a more cautious consumer outlook. Depending on the duration of the conflict, the economic impact will vary across our markets, with increased inflation reducing consumer sentiment and discretionary spending. Energy prices as well as the cost of oil and natural gas derivatives are increasing, which affects the cost of many of our products. We are implementing price increases across many product categories and geographies, and further price increases could be required. The impact of higher cost raw materials will be greater in the second half of the year due to our flow throug...

Mohawk Industries (MHK) came out with quarterly earnings of $1.9 per share, beating the Zacks Consensus Estimate of $1.8 per share. This compares to earnings of $1.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.47%. A quarter ago, it was expected that this flooring maker would post earnings of $1.98 per share when it actually produced earnings of $2, delivering a surprise of +1.01%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Mohawk Industries, which belongs to the Zacks Textile - Home Furnishing industry, posted revenues of $2.73 billion for the quarter ended March 2026, missing the Zacks Consensus Estimate by 0.27%. This compares to year-ago revenues of $2.53 billion. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Mohawk Industries shares have lost about 5.9% since the beginning of the year versus the S&P 500's gain of 4.2%. While Mohawk Industries has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Mohawk Industries was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Z...