Earnings Releases·Oct 29, 2026, 4:19 PM ET

Mohawk Industries — Q3 2026 Earnings Summary

Q3 2026 net sales reached $2.8 billion (+1% YoY), while diluted EPS rose 55% to $2.72; adjusted operating income declined $5 million to $200 million due to volume headwinds and inflation, though free cash flow surged 78% YoY to $390 million for the quarter.
Management issued Q4 2026 adjusted EPS guidance of $1.35–$1.45 with expectations for low single-digit adjusted net sales growth, anticipating inflationary pressures to be fully offset by pricing, mix, and productivity.
Capital expenditures for the full year were revised down to approximately $445 million, while the Board authorized a new $500 million share repurchase program following the completion of the previous authorization.
Shareholders received $261 million in capital returns during Q3, with the company repurchasing 2.0 million shares (reducing outstanding shares by >3%) amidst a weak demand environment and soft market conditions expected to persist into Q4.