Mohawk reported record sales in the fourth quarter of 2020 thanks to strong laminate, luxury vinyl tile (LVT) and sheet vinyl sales in the residential market.
Mohawk announced net sales for the fourth quarter of 2020 were $2.6 billion, an increase of 9.0% from the same period a year ago. For the twelve months ending December 31, 2020, net sales were $9.6 billion, a decrease of 4.2% versus prior year.