Mohawk industries reports q4 results

Calhoun, ga., feb. 11, 2021 (globe newswire) -- mohawk industries, inc. (nyse: mhk) today announced a 2020 fourth quarter net profit of $248 million and diluted earnings per share (eps) of $3.49. adjusted net earnings were $252 million, and eps was $3.54, excluding restructuring, acquisition and other charges. net sales for the fourth quarter of 2020 were $2.6 billion, an increase of 9.0% as reported and 5.5% on a constant currency and days basis. for the fourth quarter of 2019, net sales were $2.4 billion, net earnings were $265 million and eps was $3.68, which included a one-time tax benefit. adjusted net earnings were $162 million, and eps was $2.25, excluding restructuring, acquisition and other charges in addition to the one-time tax benefit.
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