Why Is Interface (TILE) Stock Rocketing Higher Today
Interface (NASDAQ: TILE) shares rose after Q2 results beat expectations. Adjusted EPS was $0.88, about 38% above estimates, with adjusted operating margin up to 18.9% from 13.9%. Revenue was $395.7M (+5.4% YoY). Q3 sales guidance of $370M-$380M was slightly below consensus, while full-year sales was raised to $1.455B-$1.485B. Stock closed at $38.37, up 9.3%.






