Atlanta -- Interface announced results for the second quarter ended June 30, 2019. Net sales for Q2 were reported as up 26%, while organic sales rose 2%. Q2 GAAP EPS was $0.50, up 43% year-over-year; Q2 adjusted EPS was $0.51, up 21% year-over-year.
"We delivered solid results in the second quarter, with organic sales growth of 2%, in line with our expectations," said Jay Gould, CEO of Interface. "Our strategy to expand into the high growth resilient flooring segment is paying off as LVT drove organic growth in the second quarter. Furthermore, our nora® rubber flooring business, which we acquired in August 2018, contributed $76 million of net sales during the second quarter and grew 11% in local currency year-over-year."