Mohawk Industries reported second quarter 2026 net earnings of $196 million, or $3.22 per share, compared to $147 million and $2.34 per share in the prior year period. Net sales reached $3.0 billion, a 6.8% increase as reported. Adjusted net earnings were $223 million, with adjusted EPS of $3.67, benefiting from approximately $0.63 per share in tariff refunds. The company purchased over 600,000 shares for approximately $60 million under its buyback program. Additionally, the filing announced that Paul De Cock will succeed Jeff Lorberbaum as CEO on September 30, 2026, while Lorberbaum remains Chairman. Mohawk Industries operates in the flooring industry, manufacturing ceramic tile, carpet, laminate, wood, vinyl and hybrid flooring products.

Mohawk Industries, Inc. announced a leadership transition where Paul F. De Cock will be appointed as Chief Executive Officer and Director, effective September 30, 2026. He will succeed Jeffrey S. Lorberbaum, who will retire from his role as CEO and remain as Chairman of the Board. Mr. De Cock's compensation package includes a $1,267,000 base salary, a target annual cash bonus opportunity of 125% of base salary, and a sign-on equity award of 30,000 restricted stock units. Mohawk Industries, Inc. is a manufacturer of flooring products and services.