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NEWS RELEASE For Release : Contact : Immediately James Brunk , Chief Financial Officer ( 706 ) 624-2239 Exhibit 99.1 MOHAWK INDUSTRIES REPORTS Q1 RESULTS Calhoun , Georgia , April 29 , 2021 - Mohawk Industries , Inc. ( NYSE : MHK ) today announced 2021 first quarter net earnings of $ 237 million and diluted earnings per share ( EPS ) of $ 3.36 . Adjusted net earnings were $ 246 million , and EPS was $ 3.49 , excluding restructuring , acquisition and other charges . Net sales for the first quarter of 2021 were $ 2.7 billion , up 16.8 % as reported and 9.1 % on a constant currency and days basis . For the first quarter of 2020 , net sales were $ 2.3 billion , net earnings were $ 111 million and EPS was $ 1.54 , adjusted net earnings were $ 119 million , and EPS was $ 1.66 , excluding restructuring , acquisition and other charges . Commenting on Mohawk Industries ' first quarter performance , Jeffrey S. Lorberbaum , Chairman and CEO , stated , “ Our outstanding performance in the period included all - time record sales and our highest ever first quarter EPS . Our business continued to strengthen in the period and did not reflect our industry's normal seasonality . Around the world , consumers are continuing to invest in their homes , and new flooring has a major role in most remodeling projects . We are also starting to see moderate improvement in commercial demand as global economies expand and businesses begin to invest in anticipation of a return to normal .