earnings
confidence high
sentiment positive
materiality 0.85
Interface beats Q2, raises FY2026 outlook; EPS $0.88, sales up 5.4%
INTERFACE INC
- Q2 net sales $395.7M, +5.4% YoY; GAAP EPS $0.88 vs $0.55; adjusted EPS $0.88 vs $0.60.
- Adjusted gross margin 45.0%, up 524bps on execution and $15.6M IEEPA tariff refunds.
- EAAA segment operating income jumped 334.6% to $13.9M; AMS sales +3.4% to $247.7M.
- FY2026 guidance raised: sales $1.455-1.485B (prev $1.450-1.480B), adj gross margin 40.6% (prev 38.8-39.0%).
- Net debt $122.8M, net leverage 0.5x; cash $81.5M.