Mohawk Reports 2Q Sales Increases, Long-Term Outlook Upbeat

Mohawk Industries announced net sales increased 6.7% for the second quarter of 2022 to $3.2 billion, compared with $3 billion in the second quarter of 2021. Net earnings for the quarter were $280 million and diluted earnings per share (EPS) of $4.40 compared to net earnings were $336 million and EPS was $4.82.

Commenting on Mohawk Industries’ second quarter performance, Chairman and CEO Jeffrey S. Lorberbaum stated: