Interface Earnings Call Transcripts
Fiscal Year 2026
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A unified global strategy, focus on design and sustainability, and disciplined capital allocation have driven strong growth, margin expansion, and industry leadership in commercial flooring. Innovation and employee engagement underpin continued success and resilience.
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Second quarter net sales grew 4% currency neutral, with broad-based gains and strong margin expansion driven by operational improvements and a one-time $15.6 million tariff refund. Healthcare, education, and corporate office segments all posted solid growth, and full-year guidance was raised on strong backlog and order momentum.
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Delivered strong Q1 2026 results with 7% currency neutral net sales growth and 64% higher adjusted EPS, driven by broad-based product and segment momentum. Raised full-year guidance, citing robust backlog, operational efficiencies, and continued margin expansion.
Fiscal Year 2025
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Record 2025 results with net sales up 5.4% and adjusted EPS up 33%, driven by strong healthcare and education growth, margin expansion from automation, and new product launches. 2026 guidance anticipates continued growth, robust backlog, and increased capital investment.
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Q3 2025 saw 4% currency-neutral net sales growth and 208 bps margin expansion, led by strong healthcare and nora rubber performance. Full-year guidance was raised, with continued investments in automation and innovation supporting future growth.
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Q2 2025 saw 7% currency-neutral net sales growth and 50% higher adjusted EPS, driven by strong Americas performance, margin expansion, and broad-based segment growth. Full-year guidance was raised, with automation and sustainability initiatives supporting future gains.
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Q1 2025 saw 4% currency-neutral net sales growth and 4% adjusted EPS growth, with strong performance in education, healthcare, and APAC. Guidance for 2025 was raised, with tariff impacts expected to be offset by pricing and productivity.
Fiscal Year 2024
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Delivered 4% net sales growth and nearly doubled GAAP EPS in 2024, led by strong Americas performance and operational efficiencies. Entering 2025 with a robust backlog, margin expansion plans, and disciplined capital allocation, while monitoring macro and FX risks.
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Q3 2024 saw double-digit sales and margin growth, led by the Americas and strong education, retail, and corporate office segments. Raised full-year guidance reflects robust order momentum, margin expansion, and continued operational investments.
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Q2 2024 saw 6% year-over-year currency neutral net sales growth and a 183 basis point rise in adjusted gross profit margin, driven by strong performance in the Americas and education segment. Full-year guidance was raised, with continued investment in automation and a robust backlog supporting future growth.