Mohawk Q3 adjusted EPS $2.90 vs $2.72 YoY; sales down 1.7% to $2.7B

MOHAWK INDUSTRIES INC

2024-Q3 EPS reported $6.66 revenue$8,199,700,000

Q3 net earnings $162M ($2.55 EPS); adjusted net earnings $184M ($2.90 EPS) vs adjusted $174M ($2.72 EPS) prior year.
Net sales $2.7B, down 1.7% as reported; free cash flow $204M in quarter, $443M YTD.
Flooring NA sales up 1.2%; Global Ceramic down 3.1%; Flooring ROW down 3.5%.
Q4 adjusted EPS guidance $1.77-$1.87; expects $25-$40M hurricane impact on Q4 sales.
Restructuring initiatives expected to yield >$100M annualized savings; anti-dumping decision on Indian tile due Nov 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.