Mohawk Industries, Inc. (MHK)

The company now

Mohawk Industries reported second quarter 2026 net sales of $3.0 billion on 30 July, up 6.8 percent from a year earlier 3. Net earnings were $196 million, or $3.22 a share, and that included a benefit of about $0.63 a share from tariff refunds 3.

The refunds return money the company paid under tariffs that the U.S. Supreme Court ruled unlawful on 20 February 2026 2. Mohawk asked for $70.7 million back on 21 April and had received $65.5 million by 4 July 2.

The company warns that the government has appealed the court order, so the refunds could still be delayed, reduced or denied 2.

Management says home resales remain near multi-decade lows and new building is soft, so the demand flooring depends on has not recovered 3. Commercial customers keep buying more than home owners do 3.

Paul De Cock was appointed chief executive effective 30 September 2026, succeeding Jeff Lorberbaum, who continues as chairman 6. The open question is whether the new chief executive changes the company's course 13.

As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.