Mohawk Industries reports system conversion issues in Flooring NA segment affecting shipping and invoicing

MOHAWK INDUSTRIES INC

New order management system in Flooring North America segment caused shipment and invoicing delays and errors.
Most system processes corrected; shipping rates improving, backlog reducing to normalized levels.
Manufacturing and distribution operations functioning at historical levels; Q4 earnings Feb 6, 2025.
Conversion did not affect manufacturing/financial systems or previously announced restructuring initiatives.

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