Mohawk Q4 adj EPS $2.95, sales $2.8B; board approves $500M buyback

MOHAWK INDUSTRIES INC

2021-FY EPS reported $14.94 revenue$11,200,613,000

Q4 GAAP EPS $2.80, adj EPS $2.95; net sales $2.8B (+4.5% as reported, +11.8% constant currency)
Full-year 2021 adj EPS $14.86, net sales $11.2B (+17.3% as reported)
Board authorized new $500M share repurchase program; no time limit set
Q1 2022 adj EPS guidance $2.90-$3.00; cites $40-45M European energy headwind net of price increases
Segment op margins: Flooring ROW 14.8%, Global Ceramic 6.3%, Flooring NA 9%

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