Mohawk Industries (MHK) Tops Q1 EPS by 10c

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Mohawk Industries, Inc. Announces First Quarter Earnings

May 7, 2015 4:01 PM EDT

Record Q1 Adjusted EPS; 38% Increase Over PY

Adjusted Operating Income Up 170 bps

CALHOUN, Ga., May 7, 2015 /PRNewswire/ -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2015 first quarter net earnings of $22 million and diluted earnings per share (EPS) of $.30. Excluding unusual charges, net earnings were $125 million and EPS was $1.70, a 38% increase over last year's first quarter adjusted EPS and the highest Q1 adjusted EPS in the company's history. Net sales for the first quarter of 2015 were $1.9 billion, an increase of approximately 4% versus the prior year's first... More