Interface, Inc. (NASDAQ:TILE) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET

Company Participants

Christine Needles - Global Head, Corporate Communications

Laurel Hurd - Chief Executive Officer

Bruce Hausmann - Chief Financial Officer

Conference Call Participants

David MacGregor - Longbow Research

Kathryn Thompson - Thompson Research Group

Operator

Good day, and welcome to the Interface Incorporated Third Quarter 2022 Earnings Conference Call. Please note, today's conference is being recorded. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

At this time, I will turn the conference over to Christine Needles, Corporate Communications. Ms. Needles, you may begin your conference.

Christine Needles

Good morning, and welcome to Interface's conference call regarding third quarter 2022 results hosted by Laurel Hurd, CEO: and Bruce Hausmann, CFO.

During today's conference call, any management comments regarding Interface's business which are not historical information are forward-looking statements, within the meaning of federal securities laws. Forward-looking statements include statements regarding the intent, belief, or current expectations of our management team, as well as the assumptions on which such statements are based.

Any forward-looking statements are not guarantees of future performance, and involve a number of risks and uncertainties that could cause actual results to differ materially from any such statements, including the risks and uncertainties described in our most recent annual report on Form 10-K, and quarterly report on Form 10-Q filed with the SEC. The company assumes no responsibility to update forward-looking statements.

Management's remarks during this call also refer to certain non-GAAP measures. Reconciliations of the non-GAAP measures to the most comparable GAAP measures and explanations for their use are contained in the company's earnings release, and Form 8-K furnished with the SEC today.

Lastly, this call is being recorded and broadcasted for Interface. It contains copyrighted material and may not be re-recorded or re-broadcasted without Interface's expressed permission. Your participation on the call, confirms your consent to the company's taping and broadcasting of it. After our prepared remarks, we will open up the call for questions.

Now, I will turn the call over to Laurel Hurd, CEO.

Laurel Hurd

Thank you, Christine, and good morning everyone. We delivered another strong quarter, with growth on both the top and bottom line. Our team continues to do a great job navigating a challenging environment, including sustained inflationary pressure and currency headwinds. While we saw persistent input cost inflation in the quarter, we offset most of it, through continued strong execution and pricing and productivity gains.