Mohawk Industries Inc. announced second-quarter 2025 net earnings of $147 million, a 7.1% decrease from 2024’s second-quarter net earnings of $158 million.
Net sales for the second quarter of 2025 reached $2.8 billion, a 0.8% decrease and essentially flat compared to net sales of $2.8 billion in the same quarter last year.
“Given the increasing tariffs, we are emphasizing the benefits of our locally produced collections and leading position as a North American manufacturer,” CEO Jeff Lorberbaum said in a statement. “We have begun to address the implemented tariffs through price adjustments and supply chain optimization. Earlier this month, the U.S. government set a new deadline of August 1 for countries to complete tariff negotiations while also announcing specific tariffs on key trading partners. We are continuing to monitor the changing tariff levels and will adjust our strategies as they evolve.”
Net sales in the Flooring North America Segment were $946.8 million in the second quarter, a decrease of 1.2% compared with the same quarter of 2024.
The full report for the second quarter of 2025 can be viewed here.