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Mohawk Industries

Realize full cost benefit of restructuring actions

Not delivered by the deadline

AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.

Announced
13 Feb 2020
Due
30 Sep 2020
Checked
20 Oct 2026
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The effects of these actions will increase and flow through inventory with full cost benefit in the third quarter of 2020.”

What we found

Evidence strength A What the grades mean

The company failed to realize the full cost benefits by the third quarter of 2020, as savings continued to be realized well into 2021.

  • A
    Mohawk Industries 10-Q filed 2021-10-29 Regulatory filing · published 29 Oct 2021 · retrieved 20 Oct 2026 · kept permanently by the SEC · fingerprint 5e88a20f9a28
    “The Company anticipates these global actions are on target to deliver savings of approximately $100 to $110 million, of which approximately $105 million was realized in the aggregate in 2020 and the nine months ended October 2, 2021” ✓ confirmed on the page

Market reaction: the shares moved -13.2% against the S&P 500 over the three sessions around the disclosure (28 Oct 2021 to 2 Nov 2021). What this measures

Checked 20 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Project other
Indicative materiality
Low rules
Action
Realize
Deliverable
full cost benefit of restructuring actions
Language
Firm (“will”, “on track to”)
In the company’s control
High
Specificity
High

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
  4. Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.

Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works

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Report an error in this entry Reference: KI-C-2020-MHK-018017 · Corrections policy

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