---
schema_version: "secwatch.filing_event.v1"
accession: "0000715787-24-000016"
form_type: "8-K"
ticker: "TILE"
cik: "0000715787"
company_name: "INTERFACE INC"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:29:42.889189+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Interface Q1 net sales $289.7M (-2% YoY), EPS $0.24; raises FY2024 sales guidance

## Summary
- GAAP EPS $0.24 (vs loss $0.01 last year); adjusted EPS also $0.24 (vs $0.07).
- Gross profit margin 38.1%, up 569 bps YoY; adjusted gross margin 38.6%.
- Currency neutral orders up 5.1% YoY; Americas orders +6.8%, EAAA +2.8%.
- FY2024 net sales guidance raised to $1.29-1.31B; Q2 net sales $335-345M.
- Adjusted EBITDA $38.8M (Q1 2023: $26.3M); operating income $24.4M vs $9.5M.

## SEC filing metadata
- accession: 0000715787-24-000016
- form_type: 8-K
- ticker: TILE
- cik: 0000715787
- company_name: INTERFACE INC
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/715787/000071578724000016/0000715787-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/715787/000071578724000016/tile-20240503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000715787-24-000016
- JSON: https://secwatch.observer/filing/0000715787-24-000016.json
- Plain text: https://secwatch.observer/filing/0000715787-24-000016.txt

## Key facts
- Earnings Releases
  INTERFACE INC reported first quarter ended March 31, 2024 results: revenue $289.7 million, net income $14.2 million, EPS $0.24 per diluted share. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Revenue: $289.7 million
  - Net income: $14.2 million
  - EPS: $0.24 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: First quarter net sales were $289.7 million, down 2.0% versus $295.8 million in the prior year period. Gross profit margin was 38.1% in the first quarter of 2024, an increase of 569 basis points from the prior year period. Adjusted gross profit margin was 38.6%, an increase of 528 basis points from adjusted gross profit margin for the prior year period due primarily to input cost deflation, higher selling prices and favorable product mix. 1 First quarter SG&A expenses were $86.0 million, or 29.7% of net sales, compared to $86.3 million, or 29.2% of net sales in the first quarter of 2023. Adjusted SG&A expenses were $86.2 million, or 29.7% of net sales, in the first quarter of 2024, compared to $83.2 million, or 28.1% of net sales, in the first quarter of 2023. Operating Income: First quarter 2024 operating income was $24.4 million, compared to operating income of $9.5 million in the prior year period. First quarter 2024 adjusted operating income ("AOI") was $25.5 million versus AOI of
  evidence_url: https://www.sec.gov/Archives/edgar/data/715787/000071578724000016/0000715787-24-000016-index.htm

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