Mohawk Industries Q3 revenue slightly misses estimates on weak market demand
MHK•Mohawk Industries reported Q3 revenue of $2.80 billion, slightly below the $2.82 billion analyst estimate, while adjusted EPS of $2.72 beat estimates of $2.58. The company expects Q4 adjusted EPS of $1.35 to $1.45 and low single-digit net sales growth.
1. Quarterly results
Mohawk Industries said Q3 revenue rose 1% to $2.80 billion, slightly missing analyst expectations. Adjusted EPS increased 2% to $2.72, above the $2.58 consensus estimate.
2. Demand and outlook
The company said inflation-related price increases contributed to sales growth, while weak market demand reduced volumes. Productivity improvements helped offset higher inflation. For Q4 2026, Mohawk expects adjusted EPS of $1.35 to $1.45 and low single-digit growth in adjusted net sales versus the prior year, assuming flooring market conditions are softer than in Q3.
3. Capital returns
Mohawk returned $261 million to shareholders and authorized a new $500 million share buyback.
