Mohawk launches $500 million buyback after Q3 sales rise 1%
Filed with the SEC on · Summarized by InvestorsBot
Mohawk Industries reported third-quarter 2026 net sales of $2.8 billion, up approximately 1%, and adjusted EPS of $2.72, while generating $390 million in free cash flow. On October 29, 2026, the company authorized a new $500 million share repurchase program after completing its prior authorization, and expects fourth-quarter adjusted EPS of $1.35 to $1.45 amid softer flooring demand.