Interface (NASDAQ:TILE) Announces Earnings Results

by · The Cerbat Gem

Interface (NASDAQ:TILE – Get Free Report) released its earnings results on Friday. The textile maker reported $0.68 EPS for the quarter, beating the consensus estimate of $0.61 by $0.07, FiscalAI reports. Interface had a net margin of 10.10% and a return on equity of 21.77%. The firm had revenue of $366.74 million during the quarter, compared to analysts’ expectations of $377.60 million. During the same period in the prior year, the company earned $0.61 EPS. The business’s quarterly revenue was up .6% compared to the same quarter last year.

Here are the key takeaways from Interface’s conference call:

  • Adjusted diluted EPS rose 11.5% to $0.68, while adjusted operating income increased 5.7%. Adjusted gross margin expanded 103 basis points to 40.6%, as pricing, mix, and manufacturing efficiencies more than offset higher costs.
  • Demand indicators were broadly supportive: billings grew across healthcare, education, and corporate office, and Americas orders increased 6%. The company ended the quarter with backlog up 14% year to date.
  • Interface lowered its full-year net sales outlook to $1.440 billion–$1.455 billion, citing softer European conditions; Q3 sales also came in slightly below the low end of guidance. EAAA orders declined 7% as opportunities took longer to convert.
  • The company reaffirmed its full-year earnings outlook despite higher oil-related costs and new Canadian tariffs, estimated to add $5 million–$10 million annually. Management said pricing, productivity initiatives, and automation are helping offset cost pressures.

Interface Price Performance

TILE stock traded down $7.08 during midday trading on Friday, reaching $30.74. The company had a trading volume of 1,862,459 shares, compared to its average volume of 521,792. The firm has a 50-day moving average price of $35.78 and a 200-day moving average price of $32.30. The company has a market capitalization of $1.78 billion, a P/E ratio of 12.45, a P/E/G ratio of 1.13 and a beta of 2.08. Interface has a 1 year low of $24.40 and a 1 year high of $40.84. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.53 and a quick ratio of 1.35.

Interface Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 4th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Friday, September 4th. Interface’s dividend payout ratio is presently 4.86%.

Key Interface News

Here are the key news stories impacting Interface this week:

  • Positive Sentiment: Adjusted earnings per share were $0.68, beating the $0.61 consensus estimate and rising 11.5% year over year. Interface Q3 Earnings Top Estimates
  • Neutral Sentiment: Revenue edged up 0.6% year over year to $366.7 million, while GAAP diluted EPS was $0.67, down 14.1%. Interface Reports Third Quarter 2026 Results
  • Negative Sentiment: Quarterly sales missed analysts’ $377.6 million estimate. Interface’s FY 2026 revenue guidance of $1.4 billion–$1.5 billion also falls short of the roughly $1.5 billion consensus at the midpoint, raising concerns about near-term growth. Interface Q3 Revenue Flash

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on TILE shares. Weiss Ratings lowered Interface from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, October 27th. Wall Street Zen cut shares of Interface from a “buy” rating to a “hold” rating in a research note on Saturday, October 31st. Zacks Research lowered shares of Interface from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 9th. Finally, Barrington Research raised their target price on shares of Interface from $36.00 to $45.00 and gave the company an “outperform” rating in a research note on Monday, August 10th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $40.50.

Check Out Our Latest Stock Report on TILE

Insider Activity

In other news, Director Daniel T. Hendrix sold 4,000 shares of the firm’s stock in a transaction on Tuesday, October 20th. The stock was sold at an average price of $35.39, for a total transaction of $141,560.00. Following the completion of the transaction, the director directly owned 80,147 shares in the company, valued at $2,836,402.33. This trade represents a 4.75% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Laurel Hurd sold 7,000 shares of the business’s stock in a transaction on Monday, October 26th. The stock was sold at an average price of $36.42, for a total value of $254,940.00. Following the completion of the transaction, the chief executive officer owned 492,978 shares of the company’s stock, valued at $17,954,258.76. This represents a 1.40% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 65,621 shares of company stock valued at $2,378,904. Insiders own 2.47% of the company’s stock.

Interface Company Profile

(Get Free Report)

Interface, Inc designs and manufactures modular flooring products for commercial, institutional and residential interiors. Its portfolio includes carpet tile, broadloom carpet and resilient flooring, including luxury vinyl tile. The company serves markets such as corporate offices, hospitality, education, healthcare and retail.

Founded in 1973 by Ray Anderson, Interface is headquartered in Atlanta, Georgia, and sells its products through a global network serving customers in North America, Europe and the Asia-Pacific region.

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