Interface IncTILE
▲ PositiveCapitalrelevance
Record margins and strong EPS beat expectations, though one detail complicates the picture.

Interface reported second-quarter results that beat expectations on nearly every line, though one detail complicates the picture. Net sales climbed to $395.7 million, up 5.4% as reported, while adjusted EPS jumped 47% to $0.88. Backlog was up 22% year-to-date. A closer look at the results shows that not all of this quarter's profit came from operational improvement.
Interface IncRecord margins and strong EPS beat expectations, though one detail complicates the picture.