Mohawk Industries (MHK) Tops Q1 EPS by 1c, Offers Q2 Guidance

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Go back to Mohawk Industries (MHK) Tops Q1 EPS by 1c, Offers Q2 Guidance

Mohawk Industries Reports Q1 Results

April 26, 2018 4:05 PM EDT

CALHOUN, Ga., April 26, 2018 /PRNewswire/ -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2018 first quarter net earnings of $209 million and diluted earnings per share (EPS) of $2.78. Adjusted net earnings were $225 million and EPS was $3.01, excluding restructuring, acquisition and other charges, an 11% increase over last year. Net sales for the first quarter of 2018 were $2.4 billion, up 9% in the quarter and 4% on a constant currency basis. For the first quarter of 2017, net sales were $2.2 billion, net earnings were $201 million and EPS was $2.68; adjusted net earnings were $203 million and EPS was $2.72, excluding restructuring, acquisition and other... More