Overview

* Interface Q3 net sales rose 5.9% yr/yr, beating analyst expectations

* Adjusted EPS for Q3 beats estimates, reflecting One Interface strategy effectiveness

* Company raises full-year guidance, citing strong year-to-date results

Outlook

* Interface raises full-year 2025 net sales guidance to $1.375 bln-$1.390 bln

* Company expects full-year adjusted gross profit margin to be 38.5%

* Adjusted SG&A expenses for 2025 expected to remain at $362 mln

Result Drivers

* ONE INTERFACE STRATEGY - Strategy drove growth by enhancing global functions, empowering local teams, and streamlining operations

* REGIONAL SALES GAINS - Increased sales in Americas and EAAA regions contributed to growth

* MARGIN EXPANSION - Gross profit margin improved due to favorable pricing, product mix, and manufacturing efficiencies

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Beat $364.50 $358.18

mln mln (3

Analysts

)

Q3 Beat $0.61 $0.48 (3

Adjusted Analysts

EPS )

Q3 EPS $0.78

Q3 Net $46.10

Income mln

Q3 $53,400,

Operatin 000

g Income

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 ( TILE ) is $32.00, about 16.7% above its October 30 closing price of $26.67

* The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(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.)