Mohawk industries reports q1 results

Calhoun, ga., april 27, 2023 (globe newswire) -- mohawk industries, inc. (nyse: mhk) today announced first quarter 2023 net earnings of $80 million and diluted earnings per share (eps) of $1.26. adjusted net earnings were $112 million, and adjusted eps was $1.75, excluding restructuring, acquisition and other charges. net sales for the first quarter of 2023 were $2.8 billion, a decrease of 6.9% as reported and 5.9% on a constant currency and days basis. for the first quarter of 2022, net sales were $3.0 billion, net earnings were $245 million and eps was $3.78. adjusted net earnings were $246 million, and adjusted eps was $3.78, excluding restructuring, acquisition and other charges.
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