Highest-materiality recent filing
Mohawk appoints Paul De Cock as CEO, effective Sept 30, 2026; Lorberbaum stays Chairman
Paul F. De Cock appointed CEO and director; Jeff Lorberbaum retires as CEO after 25 years, remains Chairman.
Mohawk enters new $1.5B unsecured revolving credit facility maturing 2031
New credit facility: $1.5B revolving commitments, plus $600M accordion feature.
Mohawk Q1 2026 EPS $1.90 vs $1.15 YoY; sales $2.7B up 8%; Q2 guided $2.50-$2.60
GAAP net earnings $117M ($1.90 EPS) vs $73M ($1.15 EPS) in Q1 2025; adjusted same at $1.90.
Mohawk Q4 adjusted EPS $2.00, revenue $2.7B; guides Q1 2026 adjusted EPS $1.75-$1.85
Net earnings $42M ($0.68 EPS) vs $90M ($1.43) year ago; adjusted net earnings $124M ($2.00 EPS) vs $123M ($1.95).
Mohawk Industries CFO James F. Brunk to retire April 2026; Nicholas P. Manthey named successor
James F. Brunk will retire as CFO effective April 1, 2026, and remain in senior advisory role after retirement.
Mohawk Industries Q3 adjusted EPS $2.67 down from $2.90 YoY; guides Q4 $1.90-$2.00
Q3 net sales $2.8B (+1.4% as reported); net earnings $109M ($1.75 GAAP EPS).
Mohawk Q2 EPS $2.34 (adj $2.77) on $2.8B sales; Board authorizes $500M buyback
Q2 2025 net sales $2.8B, flat YoY; net earnings $147M, EPS $2.34; adjusted EPS $2.77 vs $3.00 last year.
Mohawk Q1 EPS $1.15 (adj. $1.52) on $2.5B rev; Q2 adj. EPS guided $2.52-2.62
Q1 net sales $2.5B, down 5.7% YoY as reported; flat on constant days/exchange.
Mohawk Q4 2024: adjusted EPS $1.95, net sales $2.6B; Q1 EPS guide $1.34-$1.44
Q4 2024 net sales $2.6B, adjusted EPS $1.95 vs $1.96 prior year; net earnings $93M.
Mohawk Industries names Paul De Cock President & COO, Wellborn to Vice Chair
Chris Wellborn retires as President & COO effective Feb 1, 2025, becomes Vice Chair of Board.
Mohawk Q3 adjusted EPS $2.90 vs $2.72 YoY; sales down 1.7% to $2.7B
Q3 net earnings $162M ($2.55 EPS); adjusted net earnings $184M ($2.90 EPS) vs adjusted $174M ($2.72 EPS) prior year.
Mohawk names Mauro Vandini President of Global Ceramic Segment, succeeding Wellborn
Vandini appointed President of Global Ceramic Segment, effective September 15, 2024; Chris Wellborn remains President and COO.
Mohawk Q2 adjusted EPS $3.00 beats prior year; initiates $100M restructuring
Net sales $2.8B, down 5.1% YoY; GAAP EPS $2.46 vs $1.58, adjusted EPS $3.00 vs $2.76.
Mohawk Q1 net earnings $105M, adj EPS $1.86; guides Q2 adj EPS $2.68-$2.78
Net sales $2.7B, down 4.5% YoY; net earnings $105M ($1.64 EPS) vs $80M ($1.26 EPS) prior year.
Mohawk Q4 adjusted EPS $1.96 beats year-ago $1.32; Q1 guide $1.60-$1.70
Q4 net sales $2.6B (-1.4% YoY); net earnings $139M ($2.18 EPS); adjusted net earnings $125M ($1.96 EPS).
Net loss $760M ($11.94 diluted loss per share) including $876M non-cash impairment of goodwill and intangibles; adjusted EPS $2.72.
Mohawk sells $600M 5.850% senior notes due 2028 in public offering
Aggregate principal amount $600M; interest rate 5.850%; maturity 2028.
Mohawk Q2 2023 revenue $3.0B, adj. EPS $2.76 vs $4.41 YoY; Q3 guidance $2.62-2.72
Net sales $3.0B, down 6.4% reported and 9.6% on legacy/constant currency/days vs $3.2B in Q2 2022.
Mohawk Q1 adjusted EPS $1.75 vs $3.78 year-ago; sales down 6.9%
Net sales $2.8B, down 6.9% YoY; net earnings $80M ($1.26 EPS) vs $245M ($3.78 EPS) last year.
Mohawk Q4 EPS $0.52; adjusted EPS $1.32; sales down 4%; sees further weakness in Q1
Q4 net earnings $33M ($0.52 EPS) vs $189M ($2.80) a year ago; adjusted EPS $1.32 vs $2.95.
Mohawk lowers Q4 adjusted EPS guidance to $1.27-$1.31, settles securities class action for $60M
Q4 2022 adjusted EPS expected between $1.27 and $1.31, citing interest rate hikes, inflation, and weaker global demand.
Mohawk Q3 net loss $534M ($8.40/share) on $696M impairment; adj EPS $3.34, sales $2.9B
Q3 net loss of $534M, diluted EPS -$8.40, including $696M non-cash impairment; adjusted net earnings $212M, adj EPS $3.34.
Mohawk extends revolver to 2027, ups size to $1.95B; adds $800M term loan
Senior revolver maturity extended from Oct 2024 to Aug 2027; facility increased to $1.95B until Oct 2024, then $1.485B.
Mohawk Q2 adjusted EPS $4.41, revenue $3.2B (+6.7%); Q3 guidance $3.33-$3.43
Net sales $3.2B up 6.7% as reported; net earnings $280M, diluted EPS $4.40; adjusted EPS $4.41.
Mohawk Q1 EPS $3.78, revenue $3.0B (+13% YoY); guides Q2 adjusted EPS $4.25-$4.35
Net sales $3.0B (+13.0% as reported, +17.3% constant currency); net earnings $245M, diluted EPS $3.78.
Mohawk Q4 adj EPS $2.95, sales $2.8B; board approves $500M buyback
Q4 GAAP EPS $2.80, adj EPS $2.95; net sales $2.8B (+4.5% as reported, +11.8% constant currency)
Mohawk Q3 revenue $2.8B (+9.4%), adj EPS $3.95; guides Q4 adj EPS $2.80-$2.90
Q3 net earnings $271M ($3.93 diluted EPS); adj net earnings $272M ($3.95 adj EPS).
Mohawk Industries announces $500M share repurchase program
Board approved new buyback program authorizing up to $500M of common stock.
Mohawk Q2 net sales $3.0B (+44% YoY), record EPS $4.82; guides Q3 adj. EPS $3.71-3.81
Q2 net earnings $336M ($4.82 diluted EPS); adjusted EPS $4.45 vs. $0.37 prior year.
Mr. De Cock will succeed Jeffrey S. Lorberbaum, who will retire from his role as CEO of the Company at that time
the Board of Directors of the Company (the “Board”) approved the appointment of Paul F. De Cock as Chief Executive Officer of the Company and as a Director on the Company’s Board, effective September 30, 2026
the Board of Directors of the Company (the “Board”) approved the appointment of Paul F. De Cock as Chief Executive Officer of the Company and as a Director on the Company’s Board, effective September 30, 2026
On March 31, 2025, Mohawk Industries, Inc. (the “Company”) announced the appointment of David L. Repp as Senior Vice President - Chief Accounting Officer and Corporate Controller, effective March 31, 2025.
Mr. Repp will succeed James F. Brunk, 59, who has served as Chief Accounting Officer and Corporate Controller on an interim basis since March 14, 2025, while the Company conducted a search for a permanent replacement for the Company’s prior Chief Accounting Officer. Mr. Brunk will continue serving in his current role as Chief Financial Officer of the Company.
William W. Harkins informed Mohawk Industries, Inc. (the “Company”) that he will be resigning to pursue another opportunity, effective March 14, 2025.
In addition to his duties as Chief Financial Officer, James F. Brunk (age 59) will serve as Chief Accounting Officer and Corporate Controller of the Company on an interim basis, effective March 14, 2025.
The Company also announced that Ken Walma will join the Company on November 11, 2024, and will succeed Mr. De Cock as President of the Company's Flooring North America segment effective February 1, 2025.
The Company also announced that Paul De Cock will succeed Mr. Wellborn as the Company's President and Chief Operating Officer, effective February 1, 2025.
On November 6, 2024, Mohawk Industries, Inc. (the "Company") announced that, effective February 1, 2025, Christopher Wellborn will retire from his role as the Company's President and Chief Operating Officer and will continue in a senior advisory role after February 1, 2025 to ensure a successful transition of the business and its strategies.
On September 5, 2024, Mohawk Industries, Inc. (the “Company”) announced that Mauro Vandini will succeed Christopher Wellborn as President of the Company’s Global Ceramic segment effective September 15, 2024.
On September 5, 2024, Mohawk Industries, Inc. (the “Company”) announced that Mauro Vandini will succeed Christopher Wellborn as President of the Company’s Global Ceramic segment effective September 15, 2024.
Max materiality 0.85 · Median 0.65 · Most common event earnings