Mohawk Industries (MHK) Q2 2025 Earnings Call Transcript
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Mohawk Industries (NYSE:MHK) management stated that restructuring actions are on track, with anticipated annual savings of approximately $100 million in 2025. Segment data highlighted that hard surface products, especially LVT and laminate, outperformed soft surface categories, while slower residential remodeling and excess industry capacity applied ongoing pricing pressure. The company has not incorporated potential new tariff costs into third-quarter guidance and is responding to evolving trade policy by promoting domestic production and pursuing supply chain optimization. Liquidity remains secure with $547 million in cash as of Q2 2025 and new share repurchase authorization of $500 million, as management indicated balanced allocation between buybacks, reinvestment, and potential M as conditions improve.
Source Fool.com
