---
schema_version: "secwatch.filing_event.v1"
accession: "0000715787-23-000030"
form_type: "8-K"
ticker: "TILE"
cik: "0000715787"
company_name: "INTERFACE INC"
filed_at: "2023-08-04T23:59:59+00:00"
generated_at: "2026-06-12T06:38:56.785318+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Interface Q2 net sales down 4.9% YoY; GAAP EPS $0.27, adj EPS $0.25, guidance tempered

## Summary
- Q2 net sales $329.6M (-4.9% YoY); GAAP EPS $0.27 vs $0.28; adj EPS $0.25 vs $0.36.
- Adj gross margin 33.9% (down 39 bps); AOI $27.9M vs $38.5M; SG&A rose as % of sales.
- Generated $18.3M cash from ops; repaid $25.9M debt; total debt $475.6M, cash $92.9M.
- FY 2023 guidance: net sales $1.285-$1.310B; adj gross margin 34.0-34.5%; capex ~$32M.
- AMS segment sales -2.7%; EAAA -8.2% (Asia recovery slow); backlog up $23M YTD.

## SEC filing metadata
- accession: 0000715787-23-000030
- form_type: 8-K
- ticker: TILE
- cik: 0000715787
- company_name: INTERFACE INC
- filed_at: 2023-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/715787/000071578723000030/0000715787-23-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715787/000071578723000030/tile-20230804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000715787-23-000030
- JSON: https://secwatch.observer/filing/0000715787-23-000030.json
- Plain text: https://secwatch.observer/filing/0000715787-23-000030.txt

## Key facts
- Earnings Releases
  INTERFACE INC reported second quarter ended July 2, 2023 results: revenue $329.6 million, net income $15.8 million, EPS $0.27 per diluted share.
  - Period: second quarter ended July 2, 2023
  - Revenue: $329.6 million
  - Net income: $15.8 million
  - EPS: $0.27 per diluted share
  - Result: reported results
  source text: flooring company and global leader in sustainability, today announced results for the second quarter ended July 2, 2023. Second quarter highlights: • Net sales totaled $329.6 million , down 4.9% year-over-year. Currency neutral net sales were down 4.7% year-over-year. • GAAP earnings p er share of $0.27; Adjusted earnings per share of $0.25 . • Generated
  evidence_url: https://www.sec.gov/Archives/edgar/data/715787/000071578723000030/0000715787-23-000030-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.