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Mohawk Industries Plans to Raise Prices Due to Tariffs

May 12, 2025

Flooring supplier Mohawk Industries Inc. expects to incur annual costs of about $50 million in 2025 because of tariffs, the company said during a first-quarter earnings call May 2.

As a result of the increased costs, Mohawk plans to increase prices. Tariff-related costs are anticipated to influence results starting in late third-quarter 2025.

The company said it increased its inventory levels in preparation of the tariffs being implemented.

Read the transcript and takeaways from the earnings call here.

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