---
schema_version: "secwatch.filing_event.v1"
accession: "0000715787-23-000034"
form_type: "8-K"
ticker: "TILE"
cik: "0000715787"
company_name: "INTERFACE INC"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:50:55.495058+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Interface Q3 net sales fall 5.1% to $311M, guides FY sales $1.245-1.265B

## Summary
- Q3 net sales $311.0M, down 5.1% YoY; gross margin up 226bps to 35.5%.
- GAAP EPS $0.17, adjusted EPS $0.28; adjusted operating income $32.4M vs $31.2M YoY.
- Generated $66.3M cash from ops, repaid $30.6M debt; total debt $444.4M, cash $119.6M.
- Revises FY23 guidance: net sales $1.245-1.265B, adjusted gross margin ~34.4%, capex ~$32M.
- CEO cites retail softness and macroeconomic uncertainty as headwinds; healthcare up 13% YoY.

## SEC filing metadata
- accession: 0000715787-23-000034
- form_type: 8-K
- ticker: TILE
- cik: 0000715787
- company_name: INTERFACE INC
- filed_at: 2023-11-03T23:59:59+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/715787/000071578723000034/0000715787-23-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715787/000071578723000034/tile-20231103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000715787-23-000034
- JSON: https://secwatch.observer/filing/0000715787-23-000034.json
- Plain text: https://secwatch.observer/filing/0000715787-23-000034.txt

## Key facts
- Earnings Releases
  INTERFACE INC reported financial results for the third quarter ended October 1, 2023.
  - Period: the third quarter ended October 1, 2023
  - Result: reported results
  source text: On November 3, 2023, Interface, Inc. (the “Company”) issued a press release reporting its financial results for the third quarter of 2023 (the “Earnings Release”). A copy of the Earnings Release is included as Exhibit 99.1 hereto and hereby incorporated by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/715787/000071578723000034/0000715787-23-000034-index.htm

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