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TILE · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is Interface, Inc. (TILE) stock moving?
Interface reported Q3 2026 results on Nov 6. Adjusted EPS of $0.68 beat the $0.62 estimate and adjusted EBITDA rose to $69.3M from $66.2M, but sales of $366.7M missed the $377.6M estimate. Currency-neutral orders grew 0.8%, with AMS up 6.2% and EAAA down 6.8%. Management cut FY26 net sales guidance to $1.440B-$1.455B from $1.455B-$1.485B, citing softer European conditions, lowered adjusted SG&A guidance to $387M from $395M, and trimmed the adjusted gross margin outlook to 40.4% from 40.6%, while reaffirming FY26 earnings guidance. The stock had already risen from about $36.5 in late October to a $40.16 high on Nov 4, then closed at $37.82 on Nov 5. On Nov 6 it opened at $29.97, hit a $29.00 low, and closed at $30.74, down about 18.7% on volume of 1.86M shares, roughly three to four times the prior sessions' average. On Nov 9 and Nov 10 it closed at $31.96 and $31.88, with volume easing to 983K and 670K and a Nov 10 VWAP of $31.78. The price has held in a tight range around $31-32 after the reset. A 10-Q was also filed on Nov 10, but its contents were not available for review.
News behind the analysis
- Interface, Inc. Lowers Full-Year Sales ForecastInterface revised its full-year sales outlook downward while keeping its previous earnings forecast.
- Interface Lowers FY26 Net Sales Guidance To $1.440B-$1.455B From $1.455B-$1.485B, Citing Softer Conditions In Europe; Reaffirms FY26 Earnings GuidanceFull-year net sales guidance was cut at both ends, citing softer European conditions, while the FY26 earnings guidance was reaffirmed.
- Interface Q3 Adj. EPS $0.68 Beats $0.62 Estimate, Sales $366.700M Miss $377.603M EstimateAdjusted EPS beat consensus, but quarterly sales of $366.7M fell short of the $377.6M estimate.
- Interface Lowers FY2026 Sales Guidance from $1.455B-$1.485B to $1.440B-$1.455B vs $1.474B EstThe new sales guidance range sits below the $1.474B analyst estimate.
- Interface Q3 Adj. EBITDA $69.3M vs $66.2M YoY; Currency-Neutral Orders Up 0.8%, AMS Up 6.2%, EAAA Down 6.8%Adjusted EBITDA rose year over year, while currency-neutral orders grew 0.8%, with AMS up 6.2% and EAAA down 6.8%.
- Interface Sees FY26 Adj. Gross Margin 40.4% vs Prior 40.6%; Lowers Adj. SG&A Guidance To $387M From $395MAdjusted gross margin guidance was trimmed slightly to 40.4%, and adjusted SG&A guidance was lowered to $387M from $395M.
- Interface Q3 2026 Earnings Call TranscriptTranscript of the company's third-quarter 2026 earnings call, reported on Friday, Nov 6.
About Interface Inc
Interface, Inc. is an Atlanta-based maker of commercial flooring. It is known as the world's largest maker of modular carpet tile and leans hard on sustainability, with carbon-neutral and carbon-negative product lines.
How it makes money
Interface sells flooring mostly to commercial customers such as offices, schools, healthcare facilities and hotels, in the Americas, Europe and Asia-Pacific. Carpet tile brings in most of its revenue. The rest comes from luxury vinyl tile (LVT) and nora rubber flooring. Full-year 2026 revenue guidance is about $1.47 billion.
What usually moves TILE
- Office renovation and corporate spending on workplaces
- Education and healthcare construction activity
- Raw material costs (nylon yarn, petroleum-based inputs)
- Foreign exchange rates, since much of its revenue comes from outside the US
- Gross margin and quarterly guidance versus analyst expectations