One Interface strategy drives strong quarter; Company raises full year guidance
Interface, Inc. (Nasdaq: TILE), the global flooring and sustainability leader, today announced results for the first quarter ended April 5, 2026.
First quarter highlights (all comparisons are year-over-year, first quarter 2026 includes an extra week):
-Net sales totaled $331 million, up 11.3% year-over-year and up 6.8% currency neutral.
-GAAP earnings per diluted share of $0.40; Adjusted earnings per diluted share of $0.41.
-Momentum continues with One Interface strategy.
“We delivered a strong start to 2026, with currency-neutral net sales growth of 7% and adjusted earnings per diluted share growth of 64%, reflecting consistent execution and continued momentum across the business,” commented Laurel Hurd, CEO of Interface.
“Growth was broad based, across all product categories and key market segments, reinforcing the strength of our diversified portfolio and the impact of our One Interface strategy. Performance was led by Corporate Office and Healthcare, with global billings up 16% and 11%, respectively. We remain confident in our strategy and are well positioned to build on this momentum as we move through the year,” Hurd concluded.
“We delivered significant earnings expansion in the first quarter, driven by disciplined execution and operational efficiencies,” added Bruce Hausmann, CFO of Interface. “Based on our strong first quarter performance and continued momentum, we are raising our full-year guidance. We remain focused on growth, margin expansion, and disciplined capital allocation, supported by a strong balance sheet to drive long-term shareholder value.”
Outlook
Interface entered the second quarter with a healthy backlog and order momentum amidst a dynamic macro environment. With that backdrop in mind, Interface is raising its full year guidance and anticipates the following:
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Q2 Fiscal Year 2026 Outlook |
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Net sales |
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$385 million to $395 million |
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Adjusted gross profit margin |
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39.9% of net sales |
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Adjusted SG&A expenses |
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$100 million |
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Adjusted interest & other expenses |
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$4 million |
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Adjusted effective income tax rate |
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28.0% |
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Fully diluted weighted average share count |
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59.0 million shares |
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Note: All figures are approximate |
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Full Fiscal Year 2026 Outlook |
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Previous Full Fiscal Year 2026 Outlook |
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Net sales |
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$1.450 to $1.480 billion |
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$1.420 to $1.460 billion |
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Adjusted gross profit margin |
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38.8% to 39.0% of net sales |
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38.5% to 39.0% of net sales |
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Adjusted SG&A expenses |
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26.2% to 26.4% of net sales |
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26.2% to 26.4% of net sales |
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Adjusted interest & other expenses |
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$14 to $16 million |
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$16 million |
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Adjusted effective income tax rate |
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26.0% |
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25.0% to 26.0% |
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Capital expenditures |
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$60 million |
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$55 million |
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Note: All figures are approximate |
The full text of Interface’s 1Q26 earnings release, including all tables, and a replay of the company’s May 8 conference call webcast may be accessed at investors.interface.com.
About Interface
Interface is a global flooring and sustainability leader dedicated to rethinking how spaces work for people and the planet. Our portfolio includes Interface® carpet tile and LVT, nora® rubber flooring, and FLOR® premium area rugs. Across every brand, we innovate in a way that combines design, performance, and sustainability—without compromise.
Trusted by architects, designers, and building professionals worldwide, we help bring bold visions to life with solutions that deliver real, measurable impact. Building on more than 30 years of sustainability progress and industry-first innovation, we remain ‘all in’ on our goal of becoming carbon negative by 2040, without the use of offsets.
Learn more about Interface (NASDAQ: TILE) and our brands at interface.com and FLOR.com. Join us on Facebook, Instagram, LinkedIn, and Pinterest.