Stock Data
$0.18 (0.13%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
FURNISHINGS, FIXTURES & APPLIANCES
Mohawk Industries Inc is a global leader in the flooring industry, offering a wide array of products for both residential and commercial spaces. Its portfolio includes ceramic, porcelain, and natural stone tiles, luxurious vinyl tiles, broadloom carpets, laminate flooring, and more. Mohawk markets its products under well-known brands like Karastan, Pergo, and Daltile. With operations in the United States, Europe, and Latin America, the company caters to a diverse clientele, including retailers, wholesalers, and contractors. Founded in 1988 and based in Calhoun, Georgia, Mohawk continues to innovate in the flooring space.
Mohawk Industries smashed Q2 with a 42% EPS beat, though nearly two-thirds of the upside came from $0.63 in tariff refunds not embedded in prior guidance; the real story is commercial demand staying strong while residential hits multi-decade lows, forcing management to guide Q3 EPS well below the quarter's print as inventory costs and pricing pressures mount.
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