Mohawk Industries, Inc.’s MHK adjusted earnings per share (EPS) of $3.72 beat the Zacks Consensus Estimate of $3.61 by 3.1%. Earnings also increased 7% year over year.Total revenue of $2.45 billion missed the Zacks Consensus Estimate of $2.46 billion by 0.4%. Revenues however increased 6% year over year on higher sales across all segments.Operating HighlightsAdjusted gross profit of $801.7 million increased 5.7% year over year. Adjusted operating income rose 6.9% to $381.3 million.Adjusted selling, general and administrative (SG&A) expenses were down 4.7% to $420.5 million from the prior-year quarter.Segment DetailsGlobal Ceramic: Net sales at this segment amounted to $902.7 million, up 9% year over year on a reported as well as constant days and constant currency basis. The growth rate can be attributed to two European ceramic acquisitions that boosted sales by 6%.Flooring North America: Net sales at this segment totaled $1.04 billion, up 6% year over year on strong residential and hard surface products sales.Flooring Rest of the World: Net sales increased 2% year over year to $510.1 million. On a constant days and currency basis, sales improved 8.5% on solid sales of LVT products.Mohawk Industries, Inc. Price, Consensus and EPS Surprise Mohawk Industries, Inc. Price, Consensus and EPS Surprise | Mohawk Industries, Inc. QuoteQ3 GuidanceThe EPS guidance for the third quarter is pegged in the $3.70 to $3.79 range. Zacks RankMohawk Industries carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Other Stocks to ConsiderOther top-ranked stocks in the Consumer Discretionary sector that deserve a look include Adidas AG ADDYY, TAL Education Group TAL and Barnes & Noble Education, Inc BNED.Adidas sports a Zacks Rank #1 (Strong Buy). Full-year 2017 earnings for the company are expected to increase 22.7%.TAL Education, also a Zacks Rank #1 stock, is likely to witness 51.5% earnings growth in fiscal 2018.Barnes & Noble, a Zacks Rank #2 stock, is expected to see 172.7% growth in fiscal 2018 earnings.The Hottest Tech Mega-Trend of AllLast year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.See Zacks' 3 Best Stocks to Play This Trend >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report TAL Education Group (TAL): Free Stock Analysis Report Barnes & Noble Education, Inc (BNED): Free Stock Analysis Report Adidas AG (ADDYY): Free Stock Analysis Report Mohawk Industries, Inc. (MHK): Free Stock Analysis Report To read this article on Zacks.com click here.