Mohawk Industries reports first‑half 2025 results

Net sales stood at $5.3 billion, down 2.8% compared to the first half of 2024.

For the six months ended 28 June 2025, Mohawk Industries reported net sales of $5.3 billion, a decrease of 2.8% as reported and 0.7% on an adjusted basis compared to $5.5 billion in the first half of 2024. Net earnings for the period totalled $219 million, compared to $262 million in the prior year.

The Global Ceramic segment accounted for almost 40% of consolidated revenues, with net sales of $2.1 billion, down 2.1% from the first half of 2024. Operating income for the segment was $130 million, essentially in line with the prior year (-0.7%), supported by productivity gains and an improved product mix.

The Flooring North America segment posted net sales of $1.8 billion, a decrease of 2.7%, while Flooring Rest of the World reported net sales of $1.4 billion, down 3.9% year over year.

Commenting on the second quarter results, Chairman and CEO Jeff Lorberbaum noted that despite the challenging conditions across all regions, the group’s results reflect the impact of its ongoing operational improvements, cost containment actions and market development initiatives.

“Our premium residential and commercial products and new collections introduced during the past 24 months benefited our performance. Our restructuring actions are on schedule and delivering the expected savings as we have closed high-cost operations, eliminated inefficient assets, streamlined distribution and leveraged technology to improve our administrative and operational costs. Our global operations teams continue to identify productivity initiatives to lower our costs through enhancements to equipment, conserving energy, optimizing our supply chain and re-engineering products. Our industry faced continued pricing pressure from lower market volumes, which we are mitigating by strengthening product and channel mix.”