Interface Beats Q2 Sales, Lifts 2026 Outlook on Strong Margins
TILE sits 51% above its 52-week low of $24.4.
Summary
Interface delivered a strong Q2, with sales of $395.7M beating the $390.3M consensus and adjusted EPS surging 46.7% to $0.88. The company raised its full-year sales guidance to $1.455-$1.485B and now expects adjusted gross margin of 40.6%, up from 38.8%-39.0%, driven by higher volumes, pricing, and $15.6M in tariff refunds. Healthcare billings jumped 19%, highlighting demand strength. This follows a robust Q1 that saw 81% EPS growth, confirming sustained momentum. The stock is trading near its 52-week high, and the raised outlook signals confidence despite a cautious macro tone.
At the time of this announcement, TILE was trading at $36.76 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2B. The 52-week trading range was $24.40 to $36.66. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Reuters.