The Q2 guidance miss is the key negative signal — it implies management sees margin pressure from inflation and weak volumes persisting. Watch for the May 1 earnings call for commentary on pricing power and demand trends in the commercial vs residential channels. The Middle East conflict introduces additional uncertainty around raw material costs that may not fully flow through until H2.
Price Chart
Executive Summary
Mohawk Industries reported Q1 2026 GAAP EPS of $1.90 on net sales of $2.73B, compared to consensus estimates of $1.81 and $2.74B. While reported sales grew 8.0% YoY due to an extra shipping week, adjusted sales declined 2.6% on a constant-day basis, and the company guided Q2 adjusted EPS to $2.50-$2.60, below the $2.68 Street estimate, citing Middle East conflict-driven inflation and consumer uncertainty.
Key Financial Metrics
Key Facts
- Q1 2026 GAAP EPS $1.90 vs consensus $1.81 (beat by 5.0%)
- Q1 2026 net sales $2.73B vs consensus $2.74B (miss by 0.4%)
- Adjusted net sales down 2.6% on constant-day basis YoY
- Q2 2026 adjusted EPS guidance $2.50-$2.60 vs consensus $2.68 (below by 3-6.7%)
- Middle East conflict driving energy inflation and consumer uncertainty
- Company repurchased 607,000 shares for $64M during the quarter
- Flooring NA segment operating margin fell to 0.4% reported (4.0% adjusted)
- Free cash flow of $7.8M vs negative $85.4M in prior year quarter
Financial Impact
Q2 guidance $2.50-$2.60 vs $2.68 consensus implies ~3-7% EPS miss; adjusted sales declining 2.6% YoY on constant-day basis signals ongoing volume weakness
Risk Factors
- Middle East conflict escalating energy and raw material costs further
- Consumer confidence weakening, delaying home renovation spending
- Pricing actions may not fully offset input cost inflation
- Residential remodeling recovery remains elusive
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000851968-26-000015 |
| Document: mhk-20260430.htm | 0000851968-26-000015 |
| Document: 0000851968-26-000015-index-headers.html | 0000851968-26-000015 |
| Document: 0000851968-26-000015-index.html | 0000851968-26-000015 |
| Document: 0000851968-26-000015.txt | 0000851968-26-000015 |
| 8-K Data (Synthetic) | 0000851968-26-000015 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 6, 2026 8w ago | Insider Cluster | $132.42 $131.70 | ▼ −0.54% | ▼ −1.14% | $126.41 (−4.54%) |
Aug 6, 2026 8w ago | Insider Cluster | $132.29 $131.70 | ▼ −0.45% | ▼ −1.05% | $126.41 (−4.45%) |
Aug 5, 2026 8w ago | Insider Cluster | $132.29 $131.70 | ▲ +0.45% | ▲ +1.05% | $126.41 (+4.45%) |
Aug 5, 2026 8w ago | Insider Cluster | $132.29 $131.70 | ▼ −0.45% | ▼ −1.05% | $126.41 (−4.45%) |
Jul 30, 2026 9w ago | Press Release | $123.10 $129.89 | ▲ +5.52% | ▲ +2.53% | $126.41 (+2.69%) |
Jun 11, 2026 16w ago | 8-K | $107.64 $109.97 | ▲ +2.16% | ▲ +0.39% | $126.41 (+17.44%) |
Apr 30, 2026 22w ago | 8-K | $99.43 $105.28 | ▼ −5.88% | ▼ −0.62% | $126.41 (−27.13%) |
Mar 30, 2026 26w ago | Court Ruling | $94.70 $106.21 | ▲ +12.15% | ▼ −0.44% | $126.41 (+33.48%) |
US Market Status
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