Mohawk Industries (MHK) Tops Q1 EPS by 88c, Offers Guidance

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Go back to Mohawk Industries (MHK) Tops Q1 EPS by 88c, Offers Guidance

Mohawk Industries Reports Q1 Results

April 28, 2022 4:10 PM EDT

CALHOUN, Ga., April 28, 2022 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced 2022 first quarter net earnings of $245 million and diluted earnings per share (EPS) of $3.78. Adjusted net earnings were $246 million, and adjusted EPS was $3.78, excluding restructuring, acquisition, and other charges. Net sales for the first quarter of 2022 were $3.0 billion, an increase of 13.0% as reported and 17.3% on a constant currency and days basis. For the first quarter of 2021, net sales were $2.7 billion, net earnings were $237 million and EPS was $3.36. Adjusted net earnings were $246 million, and adjusted EPS was $3.49, excluding restructuring, acquisition, and other... More