Description

Mohawk Industries’ $3 Billion Quarter: Is The Flooring Recovery Stronger Than It Looks?

Mohawk Industries delivered a second quarter of 2026 that surpassed expectations with net sales increasing 6.8% year-over-year to $3 billion, reflecting a 5% gain on a constant currency basis. Growth was fueled by volume expansion, pricing actions, and favorable product mix across the company’s three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company highlighted success in new product placements and expanded market share in both residential and commercial sectors despite continued softness in home resale and new construction markets. Residential channels remained challenged due to affordability pressures, while commercial markets continued to outperform residential demand. Reported earnings per share (EPS) came in at $3.22, with adjusted EPS reaching $3.67, benefiting from approximately $0.63 per share in unexpected tariff refunds that reversed prior cost absorption related to higher tariffs.