Interface Q2 sales beat estimates, lifts 2026 outlook

Interface

07/08/2026 10:40

Overview
Global flooring maker's Q2 net sales rose 5.4%, beating analyst expectations
Adjusted EPS for Q2 rose 46.7% from a year earlier
Company raised full-year guidance on strong execution and tariff refunds

Outlook
Interface raises full-year 2026 net sales outlook to $1.455-$1.485 bln from $1.450-$1.480 bln
Company now expects full-year 2026 adjusted gross profit margin at 40.6% of net sales, up from 38.8%-39.0%
Interface cites a dynamic and uncertain global macro environment as a factor in its outlook

Result Drivers
MARGIN EXPANSION - Co said higher sales volumes, proactive pricing, favorable mix, and manufacturing efficiencies drove margin growth
TARIFF REFUNDS - Adjusted gross profit margin benefited from $15.6 mln of IEEPA tariff refunds
HEALTHCARE DEMAND - Healthcare billings rose 19%, leading growth among product categories

Company press release: ID:nBwbfLZNwa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Beat
$395.70 mln
$390.32 mln (4 Analysts)
Q2 EPS
 
$0.88
 
Q2 Net Income
 
$51.40 mln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy"
Wall Street's median 12-month price target for Interface, Inc. is $36.00, about 2.6% above its August 6 closing price of $35.10
The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 13 three months ago

Reuters Recommended Reads
Aug 6 - Dixie Group Q2 sales flat, profit margin edges up
Aug 5 - Regal Rexnord Q2 adjusted EPS beats on tariff refund benefit
Aug 4 - Global Industrial Q2 sales rise, profit lifted by one-time tariff refund

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)