Mohawk Industries (MHK) Tops Q2 EPS by 7c, Q3 EPS Guidance Beats

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Mohawk Industries, Inc. Announces Second Quarter Earnings

August 6, 2015 4:01 PM EDT

Record Q2 Adjusted EPS - 22% Increase Over PY

CALHOUN, Ga., Aug. 6, 2015 /PRNewswire/ -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2015 second quarter net earnings of $186 million and diluted earnings per share (EPS) of $2.53. Excluding unusual charges, net earnings were $199 million and EPS was $2.69, a 22% increase over last year's second quarter adjusted EPS and the highest adjusted quarterly EPS in the company's history. Net sales for the second quarter of 2015 were $2.0 billion, flat versus the prior year's second quarter or a 7% increase on a constant currency exchange rate basis.... More