Interface Inc. Reports Q3 2026 Earnings with Growth in Adjusted EPS and Gross Margin
Interface Inc. (TILE) reported third-quarter results for fiscal year 2026, characterized by an adjusted EPS of $0.68, representing 11.5% year-over-year growth. Despite facing softer macroeconomic conditions in Europe—specifically within Germany, Switzerland, and France—the company achieved net sales of $366.7 million, a slight increase of 0.6%. Gross margins expanded by 103 basis points to 40.6%, driven by favorable pricing, product mix, and manufacturing efficiencies. The company is currently executing its 'One Interface' strategy to centralize global functions and improve commercial productivity. While Americas orders grew by 6.2%, EAAA (Europe, Africa, Asia, Australia) orders declined by 6.8%. Management has revised full-year net sales guidance downward to a range of $1.440 billion to $1.455 billion to account for European market softness and new headwinds, including Canadian tariffs estimated at $5 million to $10 million annually.
Tickers: $TILE
Topics: Adjusted EPS Gross Margin Net Sales Order Growth Segment Performance