Interface Reports First Quarter 2024 Results
Interface, Inc. (TILE)
Last interface, inc. earnings: 2/26 05:30 am
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US:NASDAQ Investor Relations:
interfaceglobal.com/investor-relations.aspx
Company Research
Source: Business Wire
One Interface strategy yielding strong results; Company increasing full fiscal year 2024 net sales guidance ATLANTA--(BUSINESS WIRE)--Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the first quarter ended March 31, 2024.First quarter highlights:Net sales totaled $289.7 million, down 2% year-over-year.Gross profit margin increased to 38.1%, up 569 basis points year-over-year.GAAP earnings per share of $0.24; Adjusted earnings per share of $0.24.Currency neutral orders up 5.1% year-over-year."We delivered a strong start to the year. First quarter net sales came in at the high end of our guidance with notable strength in the Americas business. Our One Interface strategy is yielding tangible results including reduced complexity, continuous improvement of pricing and mix management, and synergies from the globalization of our core functions. These improvements contributed to significant profitabili
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News
- Interface Declares Regular Quarterly Dividend [Yahoo! Finance]Yahoo! Finance
- Interface Declares Regular Quarterly DividendBusiness Wire
- FLOR Launches New Area Rug Styles to Usher in the Summer SeasonBusiness Wire
- Interface, Inc. (NASDAQ:TILE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Interface, Inc. (NASDAQ: TILE) had its price target raised by analysts at Barrington Research from $20.00 to $22.00. They now have an "outperform" rating on the stock.MarketBeat
TILE
Earnings
- 5/3/24 - Beat
TILE
Sec Filings
- 5/15/24 - Form 8-K
- 5/15/24 - Form 4
- 5/14/24 - Form 4
- TILE's page on the SEC website