trending Market Intelligence /marketintelligence/en/news-insights/trending/AFbOl1MsNfpcKiLjWZURCw2 content esgSubNav
In This List

Mohawk Industries fiscal Q2 profit climbs 38.0% YOY


Supplier Risk Indicator™


Private Markets 360 | Episode 6: Benchmarking private investment performance

Case Study

A European Bank Leverages an AIF Scorecard to Help Meet Basel Regulatory Requirements

Case Study

Powering the markets of the future with data and AI

Mohawk Industries fiscal Q2 profit climbs 38.0% YOY

Mohawk Industries Inc. said its normalized net income for the fiscal second quarter ended July 2 was $2.94 per share, compared with the S&P Capital IQ consensus estimate of $3.37 per share.

EPS climbed 36.5% year over year from $2.15.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $219.2 million, a gain of 38.0% from $158.8 million in the year-earlier period.

The normalized profit margin increased to 9.5% from 7.8% in the year-earlier period.

Total revenue rose 13.2% on an annual basis to $2.31 billion from $2.04 billion, and total operating expenses climbed 10.5% from the prior-year period to $1.95 billion from $1.77 billion.

Reported net income increased 36.7% year over year to $255.0 million, or $3.42 per share, from $186.6 million, or $2.53 per share.