Business Context and Reporting Period
Company: Interface, Inc. (TILE)
Filing Type: Form 8-K (Current Report)
Date of Report: August 7, 2026
Reporting Period: Second Quarter of 2026
This filing serves as a notification that the Company issued a press release reporting its financial results for the second quarter of 2026. The filing also includes an updated investor slide presentation.
Key Financial Metrics
The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. It references an attached press release (Exhibit 99.1) containing these details.
The Company utilizes the following Non-GAAP financial measures in its reporting:
- Adjusted Earnings Per Share (EPS), Adjusted Net Income, and Adjusted Operating Income (AOI)
- Adjusted Gross Profit and Adjusted Gross Profit Margin
- Adjusted Selling, General and Administrative (SG&A) Expenses
- Currency Neutral Sales and Currency Neutral Sales Growth
- Net Debt (Total debt less cash on hand)
- Adjusted EBITDA
Material Changes and Adjustments
The filing outlines specific exclusions applied to Non-GAAP measures to facilitate comparison of operational performance:
- Adjusted EPS, Net Income, and AOI: Exclude restructuring, asset impairment, severance, other net items, and Nora purchase accounting amortization.
- Adjusted Gross Profit: Excludes Nora purchase accounting amortization.
- Adjusted SG&A: Excludes restructuring, asset impairment, severance, and other net items.
- Adjusted EBITDA: Excludes interest, taxes, depreciation, amortization, share-based compensation, restructuring, asset impairment, severance, Nora purchase accounting amortization, and a warehouse fire recovery.
- Currency Neutral Sales: Excludes the impact of foreign currency fluctuations.
Guidance, Outlook, and Risks
Management Commentary: The Company states that presenting adjusted results helps investors understand historical operating trends by isolating unique events such as acquisitions, currency fluctuations, and one-time costs (e.g., warehouse fire recovery). These measures are also used internally for planning and compensation programs.
Regulation FD Disclosure: Management updated an investor slide presentation (Exhibit 99.2) which may be used in meetings with investors.
Risks and Contingencies: The filing text does not explicitly detail new risks or contingencies beyond the mention of a "warehouse fire recovery" included in the Adjusted EBITDA calculation.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q2 2026 GAAP and Non-GAAP financial figures.
- Verify the magnitude of the warehouse fire recovery impact on Adjusted EBITDA.
- Examine the Nora purchase accounting amortization amounts excluded from gross profit and operating income.
- Review Exhibit 99.2 (Slide Presentation) for updated management outlook and strategic initiatives.
- Confirm the specific impact of foreign currency fluctuations on reported sales growth.