Company Overview - Interface is a global leader in commercial flooring with net sales of $1.3 billion in FY2024[9] - The company has 3,600 global employees and 6 manufacturing locations on 4 continents[9] - Interface has a diversified revenue stream with 61% from the Americas, 28% from EMEA, and 10% from APAC[14] - The company's revenue is also diversified by customer segment, with 45% from Corporate Office, 20% from Education, 10% from Healthcare, and 25% from Other segments[15] Financial Performance (Q3 2025) - Net sales increased by 5.9% to $364.5 million compared to $344.3 million in Q3 2024[65, 66, 67] - Currency neutral net sales increased by 4.2% year-over-year to $358.6 million[65, 80] - Adjusted operating income was $54.1 million, representing 14.9% of net sales[65] - Adjusted earnings per share was $0.61[65] Financial Performance (LTM Q3 2025) - Adjusted EBITDA was $214 million, representing 15.6% of net sales[65] - Adjusted diluted earnings per share was $1.79[65] - Net debt to adjusted EBITDA ratio was 0.6x[65]
Interface(TILE) - 2025 Q3 - Earnings Call Presentation