Interface Lowers 2026 Sales Outlook to $1.440–$1.455 Billion as Shares Fall Over 20%

Interface cut its full-year 2026 sales outlook to $1.440 billion to $1.455 billion from $1.455 billion to $1.485 billion on November 6, 2026, and its stock fell approximately more than 20% at market open. PR Newswire published the investigation notice from SueWallSt, which is powered by Levi & Korsinsky LLP.

Interface's Lowered Outlook and the TILE Investigation

Interface announced the lower range with its third-quarter 2026 results, and the stock fell promptly thereafter. The new ceiling of $1.455 billion matches the prior floor. The top end dropped $30 million, and the midpoint fell $22.5 million. Interface shares opened down roughly $7.85, or about 20.76%, to approximately $29.97 on November 6, 2026, after the company disclosed the reduced outlook.

The investigation examines whether Interface's earlier 2026 sales outlook was consistent with its obligations under federal securities laws at the time it was issued. It concerns whether Interface made materially false or misleading statements regarding its full-year 2026 sales outlook, which the company had previously set at $1.455 billion to $1.485 billion. Joseph E. Levi, Esq. is the contact for shareholders seeking a loss review. Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report for seven years in a row, according to the notice. On October 30, 2026, the firm notified stockholders of an investigation into the fairness of Priority Technology Holdings' acquisition by its largest stockholder, Thomas C. Priore, PR Newswire reported.

Interface's Flooring Business and Recent Records

Interface is a global manufacturer of modular commercial flooring, including carpet tile, LVT and rubber, serving corporate, education, healthcare, government and retail customers, according to akta.pro company records. The same records list record fiscal 2025 net sales of $1,387 million, up 5.4% year-over-year, and a market capitalization of $1.59 billion as of October 2025 per Riverwater Partners. In March 2026, Interface appointed Sumitomo Interior International as agent for LVT products in Japan.

Interface's Third-Quarter Results

Interface reported third-quarter sales of $366.74 million and net income of $39.22 million, both down from the prior year, MarketScreener reported. Nine-month sales were $1,093.47 million and net income $114.24 million, both up year-over-year. Yahoo reported third-quarter earnings of $39.2 million, or 67 cents per share, with adjusted profit of 68 cents and revenue of $366.7 million.

Interface's November 6 Earnings Call

Interface released its third-quarter 2026 results before market open on November 6, 2026, and hosted a conference call at 8:00 a.m. Eastern Time, Stock Titan reported. CEO Laurel M. Hurd and CFO Bruce A. Hausmann led the call.