Earnings ·
Interface reports Q3 adjusted EPS of $0.68; reaffirms FY guidance with revised sales outlook
TILEInterface Inc
Interface reported third-quarter net sales of $366.7 million, a 0.6% increase year-over-year, and adjusted earnings per diluted share of $0.68, up 11.5%. GAAP diluted EPS declined 14.1% to $0.67 due to higher SG&A expenses and raw material costs. The company reaffirmed its full-year adjusted earnings guidance but lowered the net sales outlook to $1.440–$1.455 billion from $1.455–$1.485 billion, citing softer conditions in Europe. Interface operates as a global leader in commercial flooring and sustainability solutions.