Earnings release
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NEWS RELEASE For Release : Contact : Immediately Exhibit 99.1 James Brunk , Chief Financial Officer ( 706 ) 624-2239 MOHAWK INDUSTRIES REPORTS Q3 RESULTS Calhoun , Georgia , October 28 , 2021 - Mohawk Industries , Inc. ( NYSE : MHK ) today announced 2021 third quarter net earnings of $ 271 million and diluted earnings per share ( EPS ) of $ 3.93 . Adjusted net earnings were $ 272 million , and EPS was $ 3.95 , excluding restructuring , acquisition and other charges . Net sales for the third quarter of 2021 were $ 2.8 billion , up 9.4 % as reported and 8.7 % on a constant currency basis . For the third quarter of 2020 , net sales were $ 2.6 billion , net profit was $ 205 million and diluted earnings per share was $ 2.87 , adjusted net earnings were $ 233 million , and EPS was $ 3.26 , excluding restructuring , acquisition and other charges . For the nine months ending October 2 , 2021 , net earnings and EPS were $ 844 million and $ 12.11 , respectively . Net earnings excluding restructuring , acquisition and other charges were $ 828 million and EPS was $ 11.89 . For the 2021 nine - month period , net sales were $ 8.4 billion , an increase of 22.1 % versus prior year as reported or approximately 18 % on a constant currency and days basis . For the nine - month period ending September 26 , 2020 , net sales were $ 6.9 billion , net earnings were $ 267 million and EPS was $ 3.75 ; excluding restructuring , acquisition and other charges , net earnings and EPS were $ 379 million and $ 5.31 , respectively .