Interface beats Q1 revenue estimates on broad-based growth, raises FY sales outlook

Interface

08/05/2026 10:41

Overview

Flooring maker's Q1 sales rose 11% yr/yr, beating analyst expectations

Adjusted EPS for Q1 increased 64% and beat analyst expectations

Company raised full-year 2026 guidance after strong Q1 performance

Outlook

Interface raises full-year 2026 net sales outlook to $1.45 bln-$1.48 bln from $1.42 bln-$1.46 bln

Company expects Q2 2026 net sales of $385 mln to $395 mln

Interface anticipates full-year 2026 adjusted gross profit margin of 38.8%-39.0% of net sales

Result Drivers

BROAD-BASED GROWTH - Co said sales growth was broad-based across all product categories and key market segments, with Corporate Office and Healthcare leading performance

MARGIN EXPANSION - Adjusted gross profit margin increased due to favorable pricing, product mix, and manufacturing efficiencies

HIGHER VARIABLE COMPENSATION - Adjusted SG&A expenses rose due to higher sales commissions and variable compensation on increased sales and profits

Company press release: ID:nBw2y4fj9a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$331 mln
$320.04 mln (3 Analysts)
Q1 Adjusted EPS
Beat
$0.41
$0.33 (3 Analysts)
Q1 EPS
$0.40
Q1 Net Income
$23.60 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "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 30.7% above its May 7 closing price of $27.55

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 16 three months ago

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.)