Mohawk Industries, Inc. (MHK) Earnings Call Transcripts

Mohawk Industries, Inc.'s Latest Earnings Call - Q1 FY2026

In the first quarter of 2026, Mohawk Industries reported net sales of approximately $2.7 billion, reflecting an 8% increase year-over-year, although a 2.6% decline on a constant basis. Adjusted EPS was $1.90, up 25% from the prior year, meeting management's expectations despite a challenging macro environment. Management has guided for adjusted EPS in Q2 to be between $2.50 and $2.60, indicating cautious optimism amid ongoing inflationary pressures and geopolitical uncertainties.

Reported metrics

Guidance from management

Management expects adjusted EPS for Q2 2026 to be between $2.50 and $2.60, indicating a cautious outlook amid rising costs and geopolitical uncertainties. They will continue to adapt to market conditions as they evolve.

What management said

On February, we had expected the category to improve -- so we're really focused on maximizing the opportunities this year with the war interrupting things, the environment has really changed and we're focused on managing the inflation impact on our margins. At this point as we just went through the potential impacts are really unpredictable and is sorry to tell where it's going to end up. We'll have to see how the co...

Yes, John, thanks. I think if you look at Q1, our price mix and productivity offset the impact of inflation, we expect similar dynamics -- as Jeff outlined, we announced some more price increases in response to the inflation. And we'll really see the full impact of both the inflation and the pricing in the second half and we will adjust as necessary as the environment evolves.

What analysts pressed on

Analysts expressed concerns about the impact of inflation on consumer spending and the potential for lower volumes in the residential market. There were questions regarding the adequacy of pricing power to offset rising costs and the uncertainty surrounding geopolitical events affecting demand.

Main topics on the call

• Earnings Performance — Mohawk's adjusted EPS of $1.90 was a 25% increase year-over-year, attributed to productivity and restructuring benefits. Management stated, "Our performance for the first quarter was in line with our expectations despite...
• Sales Growth and Market Conditions — Net sales reached approximately $2.7 billion, an 8% increase, but a 2.6% decrease on a constant basis. The commercial sector outperformed residential, with management noting, "new home construction remains soft and consu...
• Inflation and Cost Pressures — Management highlighted increasing input costs due to inflation, stating, "The impact of higher cost of raw materials will be greater in the second half of the year due to our flow-through of our inventory." They are impl...
• Geopolitical Impact — The ongoing conflict in the Middle East is creating volatility in energy markets, affecting costs and consumer sentiment. Management noted, "The full impact of the conflict is unpredictable given the disruption to the wo...

Read the full Mohawk Industries, Inc. transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 28 Mohawk Industries, Inc. earnings call transcripts on record, spanning February 14, 2020 to July 31, 2026. Based on this history, Mohawk Industries, Inc. reports quarterly. The most recent call on file is dated July 31, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

MHK

Exchange

NYSE

Country

US

Sector

Consumer Discretionary

Industry

Household Durables

Calls on record

28

First call

February 14, 2020

Most recent

July 31, 2026

Reporting cadence

quarterly