Oct 29, 4:19 PM ET
Mohawk Industries reported third-quarter 2026 net sales of $2.8 billion, up about 1%, with adjusted EPS of $2.72, up about 2%, while adjusted volumes fell about 4%. The Board also approved a new $500 million share repurchase program, and the company guided to Q4 2026 adjusted EPS of $1.35 to $1.45.
- Q3 2026 net sales were $2.8 billion, up about 1%, and about flat on an adjusted basis; adjusted volumes declined about 4%.
- Diluted EPS was $2.72 versus $1.75 a year earlier; adjusted EPS was $2.72, up about 2% from $2.67.
- The Board approved a new share repurchase program of up to $500 million on October 26, 2026, following the prior $500 million authorization approved in July 2025.
- Q4 2026 adjusted EPS is expected in the range of $1.35 to $1.45, with low single-digit growth in adjusted net sales.
Read the filing on SEC.gov ↗
Sep 1, 4:10 PM ET
Mohawk Industries said on September 1, 2026 that An Nuyttens, a former Solvay executive, will become president of its Flooring Rest of the World segment effective mid-October, succeeding Paul De Cock, who has led the segment on an interim basis. The filing also says De Cock becomes chief executive officer effective September 30, 2026. The filing contains no financial results or guidance.
- Nuyttens has more than 30 years of international leadership experience at Solvay, including senior executive roles in Europe and the United States.
- Nuyttens takes over the segment effective mid-October 2026, replacing De Cock as interim leader.
- Paul De Cock, Chief Operating Officer, becomes Chief Executive Officer effective September 30, 2026.
- The segment serves customers in Europe, Asia-Pacific, Latin America and other international markets, including the Unilin business.
Read the filing on SEC.gov ↗
Jul 30, 4:15 PM ET
Mohawk Industries reported second-quarter 2026 net earnings of $196 million, or $3.22 per diluted share, up from $2.34 a year earlier, on net sales of $3.0 billion, up 6.8%. The results included about $0.63 per share from tariff refunds that were not in the company's second-quarter guidance, and the company expects third-quarter adjusted EPS of $2.50 to $2.60, including about $0.12 from additional tariff refunds.
- Q2 2026 net earnings were $196 million and diluted EPS was $3.22, versus $147 million and $2.34 in Q2 2025; adjusted diluted EPS was $3.67 versus $2.77.
- Q2 net sales were $3.0 billion, up 6.8% as reported and up 5.0% adjusted for constant days and exchange rates.
- Q3 2026 adjusted EPS is expected to be $2.50 to $2.60, or $2.38 to $2.48 excluding tariff refunds and one-time charges.
- Paul De Cock will succeed Jeff Lorberbaum as CEO effective September 30, 2026, as previously announced on June 11, 2026.
Read the filing on SEC.gov ↗
Jun 11, 4:16 PM ET
Mohawk Industries announced that President and Chief Operating Officer Paul F. De Cock will succeed Jeffrey S. Lorberbaum as chief executive officer effective September 30, 2026. Lorberbaum, who has been CEO since January 2001, will retire from that role and remain Chairman of the Board. The filing reports no financial results or guidance changes.
- Paul F. De Cock, age 53, becomes CEO and a director effective September 30, 2026
- Jeffrey S. Lorberbaum retires as CEO and continues as Chairman of the Board
- De Cock's annualized base salary is $1,267,000, with a target annual bonus of 125% of salary
- De Cock receives a sign-on award of 30,000 restricted stock units vesting over three years
Read the filing on SEC.gov ↗
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