Peek Behind the Numbers published on Mohawk Industries (NYSE: MHK — $7.22 billion), a manufacturer of flooring products. Peek Behind the Numbers highlighted irregularities in the company’s accounting that may have contributed to a recent earnings beat. For example, Mohawk Industries lowered its warranty reserves from 1.6% of sales in October 2021 to 1.3% in July 2022. In addition, the company’s allowance for “discounts, claims, and doubtful accounts” fell from 4.3% of receivables in October 2021 to 3.7% in July 2022, the lowest allowance percentage in its last sixteen quarters.
Last updated: 2026-03-07 by automated standardization process
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