Mohawk Industries, Inc. (MHK) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to the Mohawk Industries first quarter 2026 earnings conference call. All participants will be in a listen only mode. Should you need assistance, please signal a conference specialist by pressing the star key followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star and then one on your touch tone telephones. To withdraw your questions, you may press star and two. Please also note today's event is being recorded. At this time, I'd like to turn the floor over to Nick Manthe, Chief Financial Officer. Please go ahead. Thanks, Jamie. Good morning, everyone, and welcome to Mohawk Industries' quarterly investor conference call. Joining me today on the call are Jeff Oberbaum, Chairman and Chief Executive Officer, and Paul DeCock, President and Chief Operating Officer. Today, we'll update you on the company's first quarter performance, and provide guidance for the second quarter of 2026. I'd like to remind everyone that our press release and statements that we make during the call may include forward-looking statements as defined in the Private Security Litigation Reform Act of 1995, which are subject to various risks and uncertainties, including, but not limited to, those set forth in our press release and our periodic filings with the Securities and Exchange Commission. This call may include discussion of non-GAAP numbers For a reconciliation of any non-GAAP to GAAP amounts, please refer to our Form 8K and press release in the Investors section of our website. I'll now turn the call over to Jeff for his opening remarks. Thank you, Nick. Our performance for the first quarter was in line with our expectations despite a challenging environment. Our adjusted EPS was $1.90...