8-KItem 2.02 · Results of OperationsItem 7.01 · Reg FD DisclosureItem 8.01 · Other EventsItem 9.01 · Financial Statements
Mohawk authorizes $500 million buyback after Q3 sales rise 1%
Filed with the SEC on · Summarized by InvestorsBot
Mohawk Industries’ board approved a new $500 million share repurchase program on October 26, 2026, following completion of its prior authorization; the company repurchased $261 million of stock in the third quarter and $34 million in the fourth quarter to date. For Q3 ended October 3, sales increased approximately 1% to $2.8 billion, adjusted EPS rose approximately 2% to $2.72, and free cash flow was $390 million; Mohawk expects fourth-quarter adjusted EPS of $1.35 to $1.45.