{"schema_version":"secwatch.filing_event.v1","accession":"0000715787-23-000022","form_type":"8-K","ticker":"TILE","cik":"0000715787","company_name":"INTERFACE INC","filed_at":"2023-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:41.996986+00:00","generated_at":"2026-06-15T18:33:38.559030+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Interface Q1 net sales $295.8M (+2.7%); GAAP loss $0.01 EPS; cuts FY23 guidance on macro uncertainty","bullets":["Net sales $295.8M (+2.7% YoY, +5.2% currency neutral); GAAP net loss $0.7M vs income $13.3M a year ago.","Adjusted EPS $0.07 vs $0.28 prior year; adjusted EBITDA $26.3M down from $42.9M.","FY23 guidance revised: net sales growth 0-3% (prior 1-5%); adj. gross margin 33-34% (prior ~35%).","Americas sales +8.1%; EAAA -3.8% on FX; China orders weak; exit of Russia business.","Generated $29.6M cash from ops, repaid $19.2M debt; cash $101.3M, debt $501.1M."],"urls":{"canonical":"https://secwatch.observer/filing/0000715787-23-000022","json":"https://secwatch.observer/filing/0000715787-23-000022.json","markdown":"https://secwatch.observer/filing/0000715787-23-000022.md","text":"https://secwatch.observer/filing/0000715787-23-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/715787/000071578723000022/0000715787-23-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/715787/000071578723000022/tile-20230505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T18:33:38.559030+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2df44bcb5bd6f0c1ac0c47cf3422175cfb1e69a4","claim":"INTERFACE INC reported first quarter ended April 2, 2023 results: revenue $295.8 million, net income net loss of $0.7 million, EPS $0.01 per diluted share. Guidance reaffirmed.","evidence_excerpt":"solutions company where everything is certified carbon neutral, today announced results for the first quarter ended April 2, 2023. First quarter highlights: • Net sales totaled $295.8 million, up 2.7% year-over-year. Currency neutral net sales were up 5.2% year-over-year. • GAAP loss per share of $0.01; Adjusted earnings per share of $0.07 . • Strong year-over-year","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/715787/000071578723000022/0000715787-23-000022-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended April 2, 2023"},{"label":"Revenue","value":"$295.8 million"},{"label":"Net income","value":"net loss of $0.7 million"},{"label":"EPS","value":"$0.01 per diluted share"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}