<Page> Exhibit 99.1 FOR IMMEDIATE RELEASE CONTACT: CHRIS WELLBORN, (214) 309-4007 DAL-TILE REPORTS RECORD RESULTS FOR THE FOURTH QUARTER AND FOR 2001 DALLAS, JANUARY 21-- Dal-Tile International Inc. (NYSE: DTL) today announced record sales and profits for the fourth quarter and fiscal year 2001. For the fourth quarter, sales increased $21.6 million, or 9.4 percent, to $250.8 million versus $229.2 million for the fourth quarter of 2000. On a pro forma - - fully taxed basis, net income for the fourth quarter increased $5.2 million, or 31.1 percent, versus the fourth quarter of 2000 to $21.9 million, or $0.37 per share. Pro-forma net income excludes a $1.6 million extraordinary item, net of tax, related to the fourth quarter restructuring of the company's debt facilities. For the year, sales increased $76.6 million, or 8.0 percent, to $1.0 billion compared to $952.2 million in fiscal year 2000. On a pro forma - fully taxed basis, net income for the year increased $13.3 million, or 20.3 percent, over the prior year to $78.9 million, or $1.35 per share. Sales increased across all product segments driven primarily by growth of the residential business. Sales through company-operated sales centers increased 9.5 percent versus last year, while American Olean distributor sales were up 5.0 percent and Home Center sales were up 3.9 percent. Gross margins declined 80 basis points due mainly to product mix and declining prices for floor tile. However, this decline was more than offset by reductions in selling, general and administrative expense and transportation cost. Profit margin before tax increased 130 basis points to 12.5 percent due to lower operating costs and decreased interest expense achieved through a $94.7 million reduction in debt. "We are very proud to have reached the $1 billion sales milestone, especially during a time of such economic uncertainty," said Jacques Sardas, president, chairman and CEO. "Since 1997 we have been increasing shareholder value by reducing our debt by over $320 million, achieving a debt to capital ratio of 45 percent, and accumulating 15 consecutive quarters of increased sales and profits. We have made great strides in meeting these objectives and now we are looking forward to new and exciting growth opportunities with our proposed merger with Mohawk Industries, Inc.," added Mr. Sardas. Dal-Tile is the largest manufacturer, distributor and marketer of ceramic tile in the United States and one of the largest in the world. Headquartered in Dallas, Texas, the company has approximately 7,800 employees at its facilities in North America. The company sells its products, marketed under the brand names Daltile(R) and American Olean(R) through a network of company-operated sales centers, independent distributors and leading retail home centers <Page> nationwide. Dal-Tile's stock is traded on the New York Stock Exchange under the symbol DTL. Additional information on the company and its products is available on the Worldwide Web at http://www.daltile.com. DAL-TILE INTERNATIONAL INC. Note: SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: CERTAIN OF THE STATEMENTS IN THIS PRESS RELEASE, PARTICULARLY THOSE ANTICIPATING FUTURE FINANCIAL PERFORMANCE, BUSINESS PROSPECTS, GROWTH AND OPERATING STRATEGIES, NEW PRODUCTS AND SIMILAR MATTERS, CONSTITUTE "FORWARD-LOOKING STATEMENTS". FOR THOSE STATEMENTS, DAL-TILE CLAIMS THE PROTECTION OF THE SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS CONTAINED IN THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. THE STATEMENTS ARE BASED ON ASSUMPTIONS REGARDING THE COMPANY'S ABILITY TO MAINTAIN ITS SALES GROWTH AND GROSS MARGINS AND TO CONTROL COSTS AND ON ASSUMPTIONS REGARDING THE PERFORMANCE OF THE ECONOMY. THESE STATEMENTS ARE BASED LARGELY ON THE COMPANY'S EXPECTATIONS AND ARE SUBJECT TO A NUMBER OF RISKS, UNCERTAINTIES, AND OTHER FACTORS THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED IN THE FORWARD-LOOKING STATEMENTS. SUCH FACTORS INCLUDE, AMONG OTHER THINGS, THE IMPACT OF COMPETITIVE PRESSURES AND CHANGING ECONOMIC CONDITIONS ON THE COMPANY'S BUSINESS AND ITS DEPENDENCE ON RESIDENTIAL AND COMMERCIAL CONSTRUCTION ACTIVITY, THE FACT THAT THE COMPANY IS HIGHLY LEVERAGED, RELIANCE ON THIRD PARTY SUPPLIERS, INCREASES IN PRICES OF RAW MATERIALS AND ENERGY, CURRENCY FLUCTUATIONS, OTHER FACTORS RELATING TO THE COMPANY'S FOREIGN MANUFACTURING OPERATIONS, THE IMPACT OF PENDING REDUCTIONS IN TARIFFS AND CUSTOMS DUTIES, ENVIRONMENTAL LAWS AND REGULATIONS, CONDITIONS IN THE FINANCIAL MARKETS RELEVANT TO THE PROPOSED MERGER OF THE COMPANY AND MOHAWK INDUSTRIES, INC., THE SUCCESSFUL INTEGRATION OF THE COMPANY AND MOHAWK INDUSTRIES, INC., AND THE RISK FACTORS OR UNCERTAINTIES LISTED FROM TIME TO TIME IN DAL-TILE'S FILINGS WITH THE SECURITIES AND EXCHANGE COMMISSION. -- FINANCIAL TABLES FOLLOW -- # # # # # <Page> DAL-TILE INTERNATIONAL INC. CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE AND TWELVE MONTHS ENDED DECEMBER 28, 2001 AND DECEMBER 29, 2000 (AMOUNTS IN THOUSANDS) (UNAUDITED) <Table> <Caption> THREE MONTHS ENDED TWELVE MONTHS ENDED --------------------------------- -------------------------------------- DECEMBER 28, DECEMBER 29, DECEMBER 28, DECEMBER 29, 2001 2000 2001 2000 ---------------- --------------- --------------- -------------------- Net sales $250,808 $229,210 $1,028,794 $952,156 Cost of goods sold 135,552 121,050 546,345 497,933 ---------------- --------------- --------------- -------------------- Gross profit 115,256 108,160 482,449 454,223 Expenses: Transportation 16,292 16,117 67,919 64,549 Selling, general and administrative 59,131 56,356 259,797 247,099 Amortization of intangibles 1,378 1,378 5,512 5,512 ---------------- --------------- --------------- -------------------- Total expenses 76,801 73,851 333,228 317,160 ---------------- --------------- --------------- -------------------- Operating income 38,455 34,309 149,221 137,063 Interest expense, net 4,452 6,896 21,448 29,998 Other income (expense) 1,550 (336) 521 (444) ---------------- --------------- --------------- -------------------- Income before income taxes 35,553 27,077 128,294 106,621 Income tax provision 13,688 869 49,393 5,864 ---------------- --------------- --------------- -------------------- Income before extraordinary item 21,865 26,208 78,901 100,757 Extraordinary item, net of tax 1,566 - 1,566 - ---------------- --------------- --------------- -------------------- Net income $20,299 $26,208 $77,335 $100,757 ================ =============== =============== ==================== *Pro forma net income $21,865 $16,652 $78,901 $65,572 ================ =============== =============== ==================== DILUTED EARNINGS PER SHARE Net income per common share $0.34 $0.47 $1.33 $1.82 ================ =============== =============== ==================== *Pro forma net income per common share $0.37 $0.30 $1.35 $1.18 ================ =============== =============== ==================== Average shares 59,063 56,322 58,341 55,396 ================ =============== =============== ==================== </Table> *Pro forma net income assumes an effective tax rate of 38.5 percent and excludes a $1.6 million extraordinary item, net of tax, related to the fourth quarter 2001 restructuring of the company's debt facilities. <Page> DAL-TILE INTERNATIONAL INC. CONSOLIDATED BALANCE SHEETS (AMOUNTS IN THOUSANDS) (UNAUDITED) <Table> <Caption> December 28, December 29, 2001 2000 -------------------- -------------------- ASSETS Trade accounts receivable $ 112,629 $ 104,352 Inventories 149,679 140,246 Other current assets 25,415 32,401 -------------------- -------------------- Total current assets 287,723 276,999 Property, plant, and equipment, net 229,308 224,689 Other non-current assets 161,391 168,832 -------------------- -------------------- Total assets $ 678,422 $ 670,520 ==================== ==================== LIABILITIES AND STOCKHOLDERS' EQUITY Current portion of long-term debt $ 17,217 $ 55,761 Payables and accrued expenses 100,250 99,614 Other current liabilities 2,811 5,321 -------------------- -------------------- Total current liabilities 120,278 160,696 Long-term debt 219,900 276,017 Other long-term liabilities 47,005 21,499 Stockholders' Equity 291,239 212,308 -------------------- -------------------- Total liabilities and stockholders' equity $ 678,422 $ 670,520 ==================== ==================== </Table>