INTERFACE INC

Interface, Inc. reported strong second-quarter 2026 financial results, with net sales increasing 5.4% to $396 million and diluted EPS rising 60.0% to $0.88. The company's operational execution and "One Interface" strategy drove broad-based growth across all regions and product categories, particularly in Healthcare, Education, and Corporate Office. Interface also benefited from $15.6 million in IEEPA tariff refunds, contributing to a significant increase in gross profit margin. Based on this strong performance and a robust backlog, the company raised its full fiscal year 2026 guidance. An updated investor presentation was also attached.

Interface, Inc. announced amendments to its Executive Bonus Plan, approved by the Compensation & Talent Development Committee on June 2, 2026. The changes include an increase in the maximum annual bonus payable to participants from $1.85 million to $3.0 million. Additionally, the amended plan stipulates that participants terminated for "cause" by March 15 of the subsequent year will forfeit any bonus payment for the applicable performance period.

Interface Inc. held its annual meeting of shareholders on May 19, 2026. During the meeting, shareholders elected all ten nominated directors to the board. Additionally, the executive compensation package was approved, and Ernst & Young LLP was ratified to serve as the independent registered public accounting firm for 2026. All proposals passed with significant majorities.

Interface Inc. reported strong first-quarter 2026 results with net income increasing 81.5% to $23.6 million, or $0.40 per diluted share, compared to the prior year. Net sales rose 11.3% to $331.0 million, driven by higher sales volume, an extra week in the quarter, and positive currency exchange rates. Operating income also saw a significant increase of 39.2% to $32.3 million, primarily due to higher gross profit margin and lower manufacturing costs in EAAA. The company repurchased $12.0 million of common stock during the quarter.

Interface, Inc. reported strong first quarter 2026 financial results, with net sales reaching $331 million, an 11.3% increase year-over-year, and adjusted earnings per diluted share growing 64% to $0.41. The company attributed this performance to consistent execution and momentum from its "One Interface" strategy, with broad-based growth across all product categories and key market segments. Following the strong Q1, Interface raised its full-year 2026 guidance for net sales and adjusted gross profit margin, reflecting confidence in continued growth and operational efficiencies.