Every material Form 8-K Interface has filed with the SEC since May 03, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Interface reported third-quarter 2026 net sales of $366.7 million, up 0.6%, with GAAP diluted EPS of $0.67, down 14.1%, and adjusted diluted EPS of $0.68, up 11.5%. The company lowered its full-year net sales outlook to $1.440 to $1.455 billion from $1.455 to $1.485 billion, citing softer conditions in Europe, while reaffirming its full-year earnings guidance. For shareholders, adjusted earnings grew, but GAAP earnings fell and the sales forecast was cut.
Q3 2026 net sales were $366.7 million, up 0.6% (0.4% currency neutral), versus the prior-year quarter
GAAP diluted EPS was $0.67 versus $0.78 a year earlier; adjusted diluted EPS was $0.68 versus $0.61
Full-year 2026 net sales outlook cut to $1.440-$1.455 billion from $1.455-$1.485 billion; full-year earnings outlook reaffirmed
Net debt was $49.1 million as of October 4, 2026, down from $110.3 million at December 28, 2025
Interface reported second-quarter 2026 net sales of $395.7 million, up 5.4% year over year, and GAAP diluted earnings per share of $0.88 versus $0.55 a year earlier. The company raised its full-year 2026 net sales guidance to $1.455 billion to $1.485 billion, from $1.450 billion to $1.480 billion, and said the quarter included $15.6 million of IEEPA tariff refunds that boosted margins.
Q2 2026 net sales were $395.7 million, up 5.4%, and up 3.8% on a currency-neutral basis
GAAP diluted EPS was $0.88 versus $0.55; adjusted diluted EPS was $0.88 versus $0.60
Adjusted gross profit margin benefited by 393 basis points from $15.6 million of IEEPA tariff refunds
Full-year 2026 net sales guidance raised to $1.455 billion to $1.485 billion from $1.450 billion to $1.480 billion
Interface's Compensation & Talent Development Committee approved amendments to the Executive Bonus Plan on June 2, 2026. The amended plan raises the maximum annual bonus per participant to $3.0 million and forfeits bonuses for participants terminated for cause on or before March 15 of the following year.
Maximum annual bonus per participant raised from $1.85 million to $3.0 million
Participants terminated for cause on or before March 15 of the following year forfeit bonus for that performance period
Amended plan approved June 2, 2026; full text filed as Exhibit 10.1
Interface reported first-quarter 2026 net sales of $331 million, up 11.3% year over year, with GAAP diluted EPS of $0.40 versus $0.22 a year earlier. The company raised its full-year 2026 net sales outlook to $1.450 billion to $1.480 billion from $1.420 billion to $1.460 billion, which signals higher expected revenue for shareholders this year.
Q1 2026 net sales $331.0 million, up 11.3%; up 6.8% on a currency-neutral basis
GAAP diluted EPS $0.40 vs. $0.22; adjusted diluted EPS $0.41 vs. $0.25, up 64.0%
Full-year 2026 net sales guidance raised to $1.450 billion to $1.480 billion; capital expenditure guidance raised to $60 million from $55 million
Company repurchased $12.0 million of common stock in the first quarter
Interface reported fourth-quarter 2025 net sales of $349.4 million, up 4.3% year over year, and full-year 2025 net sales of $1.387 billion, up 5.4%. Full-year GAAP diluted EPS was $1.96 versus $1.48 a year earlier, and adjusted diluted EPS was $1.94 versus $1.46. The company also gave fiscal 2026 guidance of $1.420 billion to $1.460 billion in net sales, which shareholders can compare with the 2025 results.
Q4 2025 GAAP diluted EPS was $0.41 versus $0.37 a year earlier; adjusted diluted EPS was $0.49 versus $0.34.
Full-year 2025 adjusted operating income was $173.8 million, up 22.9% from $141.4 million in 2024 (per the company's non-GAAP measures).
Fiscal 2026 guidance: first-quarter net sales of $315 million to $325 million; full-year net sales of $1.420 billion to $1.460 billion.
Net debt fell to $110.3 million at December 28, 2025, from $203.5 million a year earlier; the company repaid $128 million of debt in Q4.
Interface entered into a Third Amended and Restated Syndicated Facility Agreement on December 3, 2025, extending the maturity of its revolving and term loan facilities from October 14, 2027 to December 3, 2030. The company used a new $170 million term loan plus cash on hand to fully redeem its $300 million 5.50% Senior Notes due 2028 that day, which shifts debt from fixed-rate notes into a bank facility with floating-rate pricing and covenants.
New $170 million term loan was fully drawn at closing; borrowings totaled about $205 million at closing, with an estimated weighted average interest rate of 5.24%.
Revolving credit facility reduced from $300 million to $250 million; maximum unused commitment fee lowered to 0.30%.
$300 million 5.50% Senior Notes due 2028 fully redeemed on December 3, 2025; related indenture satisfied and discharged.
Facility requires consolidated secured net leverage of no more than 3.00:1.00 and interest coverage of at least 2.25:1.00, and is secured by substantially all company and domestic subsidiary assets.
Interface reported third-quarter 2025 GAAP diluted earnings per share of $0.78, up 62.5% year over year, and adjusted diluted EPS of $0.61, up 27.1%. The company raised its full-year 2025 net sales outlook to $1.375 billion to $1.390 billion, from $1.370 billion to $1.390 billion, and its adjusted gross profit margin outlook to 38.5% from 37.7%. Both headline results and guidance moved higher for shareholders.
Q3 2025 net sales were $364.5 million, up 5.9% year over year and up 4.2% on a currency-neutral basis.
GAAP net income for the quarter was $46.1 million, up 62.2%, and diluted EPS was $0.78 versus $0.48 a year earlier.
Full-year 2025 net sales outlook raised to $1.375 billion to $1.390 billion; adjusted gross profit margin outlook raised to 38.5% of net sales.
Cash rose to $187.4 million at September 28, 2025, from $99.2 million at December 29, 2024, and net debt fell to $120.4 million.
Interface reported second-quarter 2025 net sales of $376 million, up 8% from a year earlier, and GAAP diluted earnings per share of $0.55, up 45%. The company raised its full-year 2025 net sales outlook to $1.370 billion to $1.390 billion from $1.340 billion to $1.365 billion, which gives shareholders a higher revenue range for the year.
Q2 net sales $375.5 million, up 8.3% (7.1% currency neutral); Americas currency-neutral sales up 11%
GAAP diluted EPS $0.55 vs $0.38 a year earlier; adjusted diluted EPS $0.60 vs $0.40
Full-year 2025 net sales outlook raised to $1.370 billion to $1.390 billion; Q3 net sales outlook $350 million to $360 million
Q2 adjusted gross profit margin 39.8%, up 402 basis points year over year
Interface, Inc. said it will eliminate the Chief Innovation & Sustainability Officer position held by Nigel Stansfield later this year. His employment is expected to end on September 1, 2025, and he will receive termination-without-cause benefits under agreements dated August 15, 2022. The filing is an executive departure and does not include any financial results or guidance.
Position of Chief Innovation & Sustainability Officer to be eliminated; held by Nigel Stansfield
Employment expected to end September 1, 2025; he remains in the role until then
Departure benefits follow a termination without cause under agreements dated August 15, 2022
Interface reported first-quarter 2025 net sales of $297.4 million, up 2.6% year over year, while GAAP diluted EPS fell 8.3% to $0.22 and adjusted EPS rose 4.2% to $0.25. The company raised the low end of its full-year 2025 net sales outlook to $1.340 billion to $1.365 billion from $1.315 billion to $1.365 billion, and forecast second-quarter net sales of $355 million to $365 million.
Q1 2025 net sales were $297.4 million, up 2.6%; currency-neutral net sales rose 4.1%.
GAAP net income was $13.0 million versus $14.2 million a year earlier; GAAP diluted EPS was $0.22 versus $0.24.
Adjusted gross profit margin fell 82 basis points to 37.7% of net sales, which the company said was expected due to higher manufacturing and freight costs.
Full-year 2025 net sales outlook is $1.340 billion to $1.365 billion, up from $1.315 billion to $1.365 billion; Q2 net sales outlook is $355 million to $365 million.
Interface reported fourth-quarter 2024 net sales of $335 million, up 3.0% from a year earlier, while adjusted earnings per diluted share fell 17.1% to $0.34. For the full year, net sales rose 4.3% to $1.316 billion and GAAP diluted EPS was $1.48, up from $0.76, and the company repaid $115 million of debt. The company also guided to 2025 full-year net sales of $1.315 billion to $1.365 billion.
Q4 2024 net sales $335 million, up 3.0%; GAAP diluted EPS $0.37 vs. $0.33; adjusted diluted EPS $0.34 vs. $0.41
Q4 2024 adjusted operating income $32.8 million, down 20.0% year over year
Full-year 2024 net sales $1.316 billion, up 4.3%; GAAP diluted EPS $1.48 vs. $0.76
2025 outlook: Q1 net sales $290 million to $300 million; full-year net sales $1.315 billion to $1.365 billion, with FX expected to reduce growth by about 1% to 2%
Interface reported third-quarter 2024 net sales of $344.3 million, up 10.7% from a year earlier, and GAAP diluted earnings per share of $0.48 versus $0.17 in the prior-year quarter. The company raised its full-year 2024 net sales outlook to $1.315 billion to $1.325 billion, and said it expects strong Retail billings in the fourth quarter, which carry slightly lower gross profit margins.
Q3 2024 net sales of $344.3 million, up 10.7% from $311.0 million
GAAP diluted EPS of $0.48 versus $0.17; adjusted EPS of $0.48
Full-year 2024 net sales outlook raised to $1.315 billion to $1.325 billion
Q3 cash from operations of $76.2 million; $51.3 million of debt repaid in the quarter
Interface, Inc. entered into a tax equalization agreement dated October 15, 2024, with Chief Innovation & Sustainability Officer Nigel Stansfield, effective as of October 16, 2024. The arrangement addresses U.S. income tax filing and payroll withholding obligations that may arise from his frequent travel from the United Kingdom to the United States for company business. The filing does not disclose any dollar amount of cost to the company.
Agreement dated October 15, 2024; entered into October 16, 2024, with Nigel Stansfield, Chief Innovation & Sustainability Officer
Aims to give Mr. Stansfield after-tax compensation equivalent to what he would receive if subject only to U.K. taxation
Company will adjust U.K. tax withholding rates and handle intercompany receivables between Interface Europe, Ltd. and Interface, Inc.
Filing states the arrangement is structured to avoid violating Section 402 of the Sarbanes-Oxley Act loan restrictions
Interface reported second quarter 2024 net sales of $346.6 million, up 5.2% from the prior year, and GAAP diluted earnings per share of $0.38 versus $0.27. The company increased its full fiscal 2024 net sales estimate to $1.30 billion to $1.32 billion, which gives shareholders a higher company-issued sales forecast for the year.
Q2 2024 net sales $346.6 million, up 5.2% versus $329.6 million a year earlier
GAAP diluted EPS $0.38 versus $0.27; adjusted diluted EPS $0.40 versus $0.25
Full-year 2024 net sales outlook of $1.30 billion to $1.32 billion; Q3 2024 net sales outlook of $330 million to $340 million
Currency neutral orders up 8% year-over-year in Q2 2024
At its May 13, 2024 annual meeting, Interface, Inc. shareholders approved an amended and restated 2020 Omnibus Stock Incentive Plan, which authorizes 3,200,000 new shares for issuance, plus shares remaining under the original plan. Shareholders also elected all ten director nominees, approved executive compensation, and ratified BDO USA, P.C. as the independent auditor for 2024. The larger share authorization lets the company grant more equity awards, which would increase the number of shares that can be issued.
Plan approval: 50,808,520 for, 1,570,316 against, 12,056 abstain, 2,181,242 broker non-votes
New shares: 3,200,000 not previously authorized, plus shares available under the original plan; no awards may be granted after the tenth anniversary of May 13, 2024
Individual limit: no participant may receive more than 500,000 shares or 1,000,000 performance units in a calendar year
Executive compensation approved: 49,332,026 for, 3,046,173 against; BDO USA, P.C. ratified: 52,546,486 for, 1,354,322 against
Interface reported first-quarter 2024 net sales of $289.7 million, down 2.0% from a year earlier, while GAAP and adjusted earnings per share rose to $0.24 from a GAAP loss of $0.01 a year earlier. The company raised its full-year 2024 net sales guidance to $1.29 billion to $1.31 billion, which matters to shareholders because it signals management's updated view of the year's top line.
Q1 2024 net sales were $289.7 million, down 2.0% from $295.8 million; currency neutral orders rose 5.1%.
GAAP net income was $14.2 million, or $0.24 per diluted share, versus a GAAP net loss of $0.7 million, or $0.01 per share, in Q1 2023.
Gross profit margin was 38.1%, up 569 basis points year-over-year, driven mainly by input cost deflation and higher prices.
Full-year 2024 net sales guidance is $1.29 billion to $1.31 billion; Q2 2024 net sales guidance is $335 million to $345 million.
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