Calhoun, Ga.-based Mohawk Industries Inc. announced a 10-percent increase in its third-quarter net
earnings and diluted earnings per share (EPS) over third-quarter 2005 figures. Net earnings and EPS
totaled $127,708,000 and $1.88, respectively. Net sales for the quarter, valued at $2,024,019,000,
increased 19 percent over third-quarter 2005 figures.
The company attributed the sales growth to its recent acquisition of Belgium-based Unilin
Holding NV, hard surface sales growth and price increases.
“I am pleased with our results for the quarter in light of the current business environment,”
said Jeffrey S. Lorberbaum, chairman and CEO. “Our business is better balanced to minimize the
impact of changing economic and industry cycles than in the past. The diversification of our
product offering with a full line of soft and hard products, participation in all sales channels of
residential and commercial, and our broader geographic exposure in Europe improve our position.”
October 31, 2006
