Interface Reports Mixed Q3 Results and Lowers Full-Year Revenue Guidance
Interface (TILE) reported third-quarter non-GAAP earnings per share of $0.68, exceeding analyst expectations by $0.07. However, the company's revenue for the quarter reached $366.7 million, representing a slight year-over-year increase of 0.6% but falling short of consensus estimates by approximately $10.9 million. Looking ahead, Interface has lowered its full-year net sales guidance to a range of $1.44 billion to $1.455 billion, down from the previous outlook of $1.455 billion to $1.485 billion. Despite the revenue reduction, the company reaffirmed its adjusted earnings guidance for fiscal year 2026.
Tickers: $TILE
Topics: earnings beat financial results guidance revision revenue miss