Interface (TILE) Q1 2026 Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Mon, June 1, 2026 astatine 11:52 AM CDT 35 min read

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DATE

Friday, May 8, 2026 astatine 8 a.m. ET

CALL PARTICIPANTS

• President and Chief Executive Officer — Laurel M. Hurd

• Vice President and Chief Financial Officer — Bruce Hausman

• Operator

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Full Conference Call Transcript

Laurel Hurd: Thank you, Christine, and bully morning, everyone. Interface delivered a beardown commencement to 2026 with 7% year-over-year currency-neutral maturation successful nett income and 64% maturation successful adjusted net per diluted stock successful the quarter, up of our expectations. Growth was broad-based crossed each merchandise categories and cardinal marketplace segments, reflecting accordant execution and continued momentum crossed the business. Our One Interface strategy is working, and it continues to thrust beardown results. As we've discussed before, One Interface is simply a multiyear strategy focused connected gathering beardown planetary functions to enactment our world-class section selling teams, accelerating maturation done enhanced commercialized productivity, expanding margins done planetary proviso concatenation absorption and simplifying operations and starring successful design, show and sustainability.

As portion of the adjacent signifier of our strategy, we precocious aligned our EMEA commercialized enactment nether a azygous leader. This volition thrust greater consistency crossed Europe and physique connected the champion reasoning and results we've seen with our One Interface selling teams successful the U.S. We besides went unrecorded with our robotic solutions successful Europe and Australia, which volition further fortify our manufacturing and proviso concatenation operations. These automation investments amended efficiency, trim discarded and heighten lawsuit work levels, portion positioning america for growth. From a merchandise standpoint, we proceed to put successful plan and innovation that expands our scope crossed segments and terms points.

In precocious February, we launched noravant, a groundbreaking rubber flooring innovation that opens caller plan possibilities successful the resilient category. Noravant complements our existing nora rubber portfolio and represents an incremental maturation opportunity. We expect it to meaningfully grow our addressable marketplace implicit time, peculiarly successful wellness care, wherever our archetypal product, noravant timber is an fantabulous solution for diligent rooms. Customer effect has been precise positive, and we expect it to statesman contributing to maturation successful the 4th fourth of 2026 and physique implicit time. During the archetypal quarter, we besides introduced 2 caller carpet tile collections, which are some aimed astatine driving incremental maturation successful the mediate of the market.