earnings
confidence high
sentiment neutral
materiality 0.75
Mohawk Q4 2024: adjusted EPS $1.95, net sales $2.6B; Q1 EPS guide $1.34-$1.44
MOHAWK INDUSTRIES INC
2024-FY EPS reported
$8.14
revenue$10,836,900,000
- Q4 2024 net sales $2.6B, adjusted EPS $1.95 vs $1.96 prior year; net earnings $93M.
- Full year 2024 adjusted EPS $9.70, net sales $10.8B, free cash flow $680M.
- Flooring North America system issue estimated $25M-$30M impact on Q1 operating income; Q1 adjusted EPS guidance $1.34-$1.44 including $0.35 impact.
- Company expects ongoing softness in Q1 due to interest rates and housing weakness; restructuring savings ~$285M annualized by 2026.