---
schema_version: "secwatch.filing_event.v1"
accession: "0000851968-23-000062"
form_type: "8-K"
ticker: "MHK"
cik: "0000851968"
company_name: "MOHAWK INDUSTRIES INC"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T10:30:51.214089+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mohawk Q1 adjusted EPS $1.75 vs $3.78 year-ago; sales down 6.9%

## Summary
- Net sales $2.8B, down 6.9% YoY; net earnings $80M ($1.26 EPS) vs $245M ($3.78 EPS) last year.
- Adjusted net earnings $112M, adj. EPS $1.75, excluding restructuring and acquisition charges.
- Flooring North America sales -11.1%, adj. op margin 0.5%; Flooring Rest of World -9.7%, adj. op margin 12.6%; Global Ceramic -0.5%, adj. op margin 6.3%.
- Q2 adj. EPS guidance $2.56-$2.66; free cash flow $129M in Q1.
- Completed two ceramic acquisitions in Brazil and Mexico with ~$425M combined 2022 sales.

## SEC filing metadata
- accession: 0000851968-23-000062
- form_type: 8-K
- ticker: MHK
- cik: 0000851968
- company_name: MOHAWK INDUSTRIES INC
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/851968/000085196823000062/0000851968-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/851968/000085196823000062/mhk-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000851968-23-000062
- JSON: https://secwatch.observer/filing/0000851968-23-000062.json
- Plain text: https://secwatch.observer/filing/0000851968-23-000062.txt

## Key facts
- Earnings Releases
  MOHAWK INDUSTRIES INC reported first quarter 2023 results: revenue $2.8 billion, net income $80 million, EPS $1.26.
  - Period: first quarter 2023
  - Revenue: $2.8 billion
  - Net income: $80 million
  - EPS: $1.26
  - Result: reported results
  source text: $1.26. Adjusted net earnings were $112 million, and adjusted EPS was $1.75, excluding restructuring, acquisition and other charges. Net sales for the first quarter of 2023 were $2.8 billion, a decrease of 6.9% as reported and 5.9% on a constant currency and days basis. For the first quarter of 2022, net sales were $3.0 billion, net earnings were $245 million and EPS
  evidence_url: https://www.sec.gov/Archives/edgar/data/851968/000085196823000062/0000851968-23-000062-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.