{"schema_version":"secwatch.filing_event.v1","accession":"0000851968-23-000094","form_type":"8-K","ticker":"MHK","cik":"0000851968","company_name":"MOHAWK INDUSTRIES INC","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.159138+00:00","generated_at":"2026-06-09T09:23:03.999468+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Mohawk posts Q3 net loss of $760M, impairment charge of $876M; adjusted EPS $2.72 vs $3.34 prior year","bullets":["Net loss $760M ($11.94 diluted loss per share) including $876M non-cash impairment of goodwill and intangibles; adjusted EPS $2.72.","Net sales $2.8B, down 5.2% as reported (8.1% on legacy/constant currency) vs Q3 2022 sales of $2.9B.","Global Ceramic margin -32.5% (adj. 8.0%), Flooring ROW -22.4% (adj. 10.9%), Flooring NA -17.4% (adj. 8.1%).","Restructuring to shut Italian ceramic, convert U.S. LVT to direct extrusion; expects $30M annual savings, ~$55M charge.","Q4 2023 adjusted EPS guidance $1.80-$1.90; full-year adjusted EPS expected above $9.00; free cash flow $385M in Q3."],"urls":{"canonical":"https://secwatch.observer/filing/0000851968-23-000094","json":"https://secwatch.observer/filing/0000851968-23-000094.json","markdown":"https://secwatch.observer/filing/0000851968-23-000094.md","text":"https://secwatch.observer/filing/0000851968-23-000094.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/mhk-20231026.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T09:23:03.999468+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0711145610d924990e8e7107a1a2b4da36aa5cc1","claim":"MOHAWK INDUSTRIES INC reported nine-month period ending October 1, 2022 adjusted results: net income adjusted net earnings were $739 million, EPS adjusted EPS was $11.56.","evidence_excerpt":"adjusted net earnings were $739 million, and adjusted EPS was $11.56, excluding impairment and other non-recurring charges.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine-month period ending October 1, 2022 adjusted"},{"label":"Net income","value":"adjusted net earnings were $739 million"},{"label":"EPS","value":"adjusted EPS was $11.56"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"2955c922dd03d9ffc3b9c250299a14554439fa68","claim":"MOHAWK INDUSTRIES INC reported nine-month period ending September 30, 2023 results: revenue net sales were $8.5 billion, net income reported a net loss and loss per share of $579 million, EPS loss per share of $9.10.","evidence_excerpt":"Adjusted net earnings were $462 million, and adjusted EPS was $7.23, excluding impairment and other non-recurring charges. For the first nine months of 2023, net sales were $8.5 billion, a decrease of 6.2% as reported and 8.7% on a legacy and constant currency and days basis versus the prior year. For the nine-month period ending October 1, 2022, the Company","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine-month period ending September 30, 2023"},{"label":"Revenue","value":"net sales were $8.5 billion"},{"label":"Net income","value":"reported a net loss and loss per share of $579 million"},{"label":"EPS","value":"loss per share of $9.10"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"66663354ff019cf24d72fcd04ad7821bd369a902","claim":"MOHAWK INDUSTRIES INC reported nine-month period ending October 1, 2022 results: revenue net sales of $9.1 billion, net income net loss of $8 million, EPS loss per share of $0.13.","evidence_excerpt":"For the nine-month period ending October 1, 2022, the Company reported net sales of $9.1 billion, a net loss of $8 million and a loss per share of $0.13; adjusted net earnings were $739 million, and adjusted EPS was $11.56, excluding impairment and other non-recurring charges.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine-month period ending October 1, 2022"},{"label":"Revenue","value":"net sales of $9.1 billion"},{"label":"Net income","value":"net loss of $8 million"},{"label":"EPS","value":"loss per share of $0.13"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"a55d9c53d6b6d48d2ba6cc9cde5ab1a254a38dc5","claim":"MOHAWK INDUSTRIES INC reported third quarter 2022 results: revenue net sales of $2.9 billion, net income net loss of $534 million, EPS loss per share of $8.40.","evidence_excerpt":"During the third quarter of 2022, the Company reported net sales of $2.9 billion, a net loss of $534 million and a loss per share of $8.40.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2022"},{"label":"Revenue","value":"net sales of $2.9 billion"},{"label":"Net income","value":"net loss of $534 million"},{"label":"EPS","value":"loss per share of $8.40"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ad5527b98be0425ab99cf347c6b288c396b4089c","claim":"MOHAWK INDUSTRIES INC reported third quarter 2023 adjusted results: net income Adjusted net earnings were $174 million, EPS adjusted earnings per share (“EPS”) were $2.72.","evidence_excerpt":"Adjusted net earnings were $174 million, and adjusted earnings per share (“EPS”) were $2.72, excluding impairment and other non-recurring charges.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023 adjusted"},{"label":"Net income","value":"Adjusted net earnings were $174 million"},{"label":"EPS","value":"adjusted earnings per share (“EPS”) were $2.72"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e53191436c4874c60cda552ae8559e85c67ad840","claim":"MOHAWK INDUSTRIES INC reported third quarter 2022 adjusted results: net income Adjusted net earnings were $212 million, EPS adjusted EPS was $3.34.","evidence_excerpt":"Adjusted net earnings were $212 million, and adjusted EPS was $3.34, excluding impairment and other non-recurring charges.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2022 adjusted"},{"label":"Net income","value":"Adjusted net earnings were $212 million"},{"label":"EPS","value":"adjusted EPS was $3.34"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e5ee2cc7f6e207ef7258c320d22b3cec460de359","claim":"MOHAWK INDUSTRIES INC reported third quarter 2023 results: revenue Net sales for the third quarter of 2023 were $2.8 billion, net income net loss of $760 million, EPS loss per share of $11.94.","evidence_excerpt":"Mohawk Industries, Inc. (NYSE: MHK) today announced a third quarter 2023 net loss of $760 million and a loss per share of $11.94 with the impact of non-cash impairment charges of $876 million.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter 2023"},{"label":"Revenue","value":"Net sales for the third quarter of 2023 were $2.8 billion"},{"label":"Net income","value":"net loss of $760 million"},{"label":"EPS","value":"loss per share of $11.94"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e65b10e00196ff3d822e842abe399d4ae25ebe26","claim":"MOHAWK INDUSTRIES INC reported nine-month period ending September 30, 2023 adjusted results: net income Adjusted net earnings were $462 million, EPS adjusted EPS was $7.23.","evidence_excerpt":"Adjusted net earnings were $462 million, and adjusted EPS was $7.23, excluding impairment and other non-recurring charges.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/851968/000085196823000094/0000851968-23-000094-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"nine-month period ending September 30, 2023 adjusted"},{"label":"Net income","value":"Adjusted net earnings were $462 million"},{"label":"EPS","value":"adjusted EPS was $7.23"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}