Mohawk Industries is a leading manufacturer and distributor of flooring products for residential and commercial spaces. The company offers a wide range of flooring solutions, including carpet, rugs, laminate, hardwood, and ceramic tile, catering to various design preferences and functional needs. By innovating in technology and sustainability, Mohawk aims to deliver high-quality products while reducing environmental impact. The company serves its customers through multiple channels, including retail, wholesale, and direct sales, positioning itself as a key player in the global flooring industry. Read More
Let's delve into the developments on the US markets one hour before the close of the markets on Friday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Shares of flooring manufacturer Mohawk Industries (NYSE:MHK)
jumped 3.8% in the morning session after the company reported second-quarter results that surpassed analyst expectations for both earnings and revenue. The flooring manufacturer announced an adjusted earnings per share of $2.77, which was higher than the analyst consensus of around $2.60. Revenue for the quarter was $2.8 billion, also slightly above estimates. The company's performance reflected successful operational improvements and cost control measures. While the adjusted results were strong, Mohawk noted that its net sales remained essentially flat compared to the same quarter in the previous year, indicating the company successfully navigated a challenging market environment.
Let's have a look at what is happening on the US markets before the opening bell on Friday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
Flooring manufacturer Mohawk Industries (NYSE:MHK) beat Wall Street’s revenue expectations in Q2 CY2025, but sales were flat year on year at $2.80 billion. Its non-GAAP profit of $2.77 per share was 6.3% above analysts’ consensus estimates.
The regular session of the US market on Thursday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
CALHOUN, Ga., July 24, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2025 net earnings of $147 million and earnings per share (“EPS”) of $2.34; adjusted net earnings were $173 million, and adjusted EPS was $2.77. Net sales for the second quarter of 2025 were $2.8 billion, essentially flat as reported and a decrease of 0.8% adjusted for constant days and exchange rates versus the prior year. During the second quarter of 2024, the Company reported net sales of $2.8 billion, net earnings of $157 million and earnings per share of $2.46; adjusted net earnings were $192 million, and adjusted EPS was $3.00.
CALHOUN, Georgia, July 15, 2025 (GLOBE NEWSWIRE) -- Mohawk Industries, Inc. (NYSE: MHK) today published its 16th annual impact report, which highlights progress toward the Company’s sustainability goals, new environmentally friendly residential and commercial products, and activities that benefit the Company’s people and communities as well as the planet.
Wrapping up Q1 earnings, we look at the numbers and key takeaways for the home furnishings stocks, including Mohawk Industries (NYSE:MHK) and its peers.
CALHOUN, Ga., June 26, 2025 (GLOBE NEWSWIRE) -- In conjunction with Mohawk Industries’ (NYSE: MHK) Second Quarter 2025 earnings release on Thursday, July 24, 2025, you are invited to listen to the conference call that will be broadcast live on Friday, July 25, 2025, at 11:00 am ET.
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and over the past six months, the industry has shed 12.3%. This drawdown was noticeably worse than the S&P 500’s 2.1% decline.
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Flooring manufacturer Mohawk Industries (NYSE:MHK) missed Wall Street’s revenue expectations in Q1 CY2025, with sales falling 5.7% year on year to $2.53 billion. Its non-GAAP profit of $1.52 per share was 8.2% above analysts’ consensus estimates.
