$TILE

Sector Update: Consumer Stocks Mixed Pre-Bell Friday

Consumer stocks were mixed pre-bell Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) down 0.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 1% higher.Spectrum Brands Holdings (SPB) was up more than 8% after the company posted higher fiscal Q3 adjusted earnings and net sales.Interface (TILE) shares were up more than 5% after the company reported higher fiscal Q2 adjusted earnings and net sales, and raised its fiscal 2026 net sales guidance.Wendy's (WEN) was down more than 2% after the company reported a decline in Q2 adjusted earnings, withdrew its 2026 outlook, and cut its dividend.

Interface Fiscal Q2 Adjusted Earnings, Sales Rise; Fiscal 2026 Revenue Outlook Increased

Interface (TILE) reported fiscal Q2 adjusted earnings Friday of $0.88 per diluted share, up from $0.60 a year earlier.Four analysts polled by FactSet expected $0.64.Net sales for the quarter ended July 5 were $395.7 million, compared with $375.5 million a year earlier.Four analysts expected $391.2 million.The company expects fiscal Q3 net sales of $370 million to $380 million. Four analysts are looking for $378.7 million.For fiscal 2026, Interface raised its net sales outlook to now be between $1.455 billion and $1.485 billion, from the previous guidance of between $1.45 billion and $1.48 billion. Four analysts are expecting $1.47 billion.Shares of Interface rose more than 3% in recent premarket activity Friday.Price: $36.34, Change: $+1.24, Percent Change: +3.53%

Interface Insider Sold Shares Worth $1,287,397, According to a Recent SEC Filing

David B Foshee, Vice President/Secretary, on May 18, 2026, sold 44,393 shares in Interface (TILE) for $1,287,397. Following the Form 4 filing with the SEC, Foshee has control over a total of 175,014 common shares of the company, with 175,014 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/715787/000169442126000006/xslF345X05/primarydocument.xmlPrice: $28.03, Change: $+0.66, Percent Change: +2.41%

Benchmark Initiates Interface at Buy With $36 Price Target

Sector Update: Consumer Stocks Advance Premarket Friday

Consumer stocks were advancing premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.4% higher.Interface (TILE) shares were up nearly 11% after the company posted higher fiscal Q1 adjusted earnings and net sales, and raised its fiscal 2026 outlook.Wendy's (WEN) stock was up more than 4% after the company reported Q1 adjusted earnings and revenue that topped analysts' expectations, with revenue increasing year over year.Zara has denied infringing Estee Lauder's (EL) Jo Malone trademark in an infringement case, Reuters reported, citing a court filing. Estee Lauder shares were 0.8% higher pre-bell.

Sector Update: Consumer

Consumer stocks were advancing premarket Friday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) up 0.6% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) 0.5% higher.Interface (TILE) shares were up more than 10% after the company posted higher fiscal Q1 adjusted earnings and net sales, and raised its fiscal 2026 outlook.