Interface

Interface, Inc. is a flooring company, which offers carpet tile & resilient flooring, including luxury vinyl tile and rubber flooring products. The firm designs, manufactures and sells modular carpet, manufactured for the commercial and institutional markets under the interface brand, and for consumer markets as FLOR modular carpets. It also offers Intersept, a proprietary antimicrobial used in a number of interior finishes. The company was founded by Ray C. Anderson in 1973 and is headquartered in Atlanta, GA.

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Interface reports solid 2022 performance amidst cautious outlook for 2023

Interface Inc. had a strong performance in 2022, driven by product diversification and market segmentation strategies. While facing challenges in Q4 2022 and macroeconomic uncertainty in 2023, the company aims for growth through margin expansion and cost efficiencies.

Interface reports Q1 growth but faces margin challenges ahead

Interface's Q1 2023 performance reflected growth in net sales but challenges in gross margins and operating income.
The company's strengths lie in strategic portfolio management, new product launches, and working capital efficiency.
Opportunities exist to address challenges, improve margins, and enhance cash flow management for future growth.
Overall, Interface aims to navigate through challenges and capitalize on opportunities for sustainable growth.

Interface (TILE) reports Q2 results, eyes growth opportunities ahead

Interface (TILE) navigated challenges with a decline in net sales but showcased strength in the education segment.
The company is addressing challenges like margin pressure while capitalizing on opportunities for growth.
Overall, Interface (TILE) maintains a positive outlook for the upcoming quarters and fiscal year.

Interface (TILE) reports resilient Q3 earnings amidst market challenges

Interface (TILE) reported Q3 2023 earnings reflecting resilience, improved margins, and strong cash generation. Despite challenges in retail and commercial markets, the company's focus on debt reduction and product innovation has positioned it for future success. With a positive outlook on key segments and a strong balance sheet, Interface (TILE) is well-positioned for growth.

Interface (TILE) reports strong Q4 performance, eyes growth opportunities

Interface's Q4 performance showcased strength in key segments, offset by challenges in the retail sector. The company's strategic initiatives and focus on operational improvements position it well for growth opportunities in 2024.

Interface (TILE) excels in Q1 2024, eyes sustainable growth

Interface (TILE) reported a robust Q1 performance, surpassing sales expectations and achieving notable growth in key segments.
The company's strategic focus on sustainability and operational enhancements bodes well for future growth.
While challenges like maintaining margins persist, Interface is well-positioned to capitalize on opportunities for expansion and efficiency.

Interface (TILE) posts robust Q2 results, eyes global expansion opportunities

Interface (TILE) reported a strong Q2 performance with growth in net sales, improved profit margins, and increased orders across regions. Strategic initiatives in operational improvements, global supply chain management, and new product launches drove growth. Challenges in specific regions call for targeted strategies, while opportunities exist in optimizing manufacturing and expanding product offerings.

Interface (TILE) posts robust Q3 earnings, raises full-year outlook

Interface (TILE) reported strong Q3 2024 earnings, with net sales reaching $344.3 million, up 11% YoY. Adjusted gross profit margin improved to 37.5%, and adjusted operating income surged by 34%. The company raised its full-year outlook, anticipating net sales between $1.315B-$1.325B.

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ATLANTA, Oct. 8, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its third quarter 2021 results on Friday, November 5, 2021, prior to the open of the market. Interface will host a conference call the morning of Friday, November 5, 2021, at 8:00 a.m.

Interface, Inc. To Broadcast Third Quarter 2021 Results Conference Call Over the Internet

Interface (TILE) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Interface (TILE) Upgraded to Strong Buy: Here's What You Should Know

ATLANTA, Sept. 16, 2021 /PRNewswire/ -- Interface® (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced third-party validation of its 2030 greenhouse gas (GHG) reduction targets as science-based.

Interface Receives Third-Party Validation of Science Based GHG Reduction Target

Interface Inc. TILE, +0.56% disclosed Friday a restructuring that will result in a 5% reduction in workforce and the closing of flooring company's manufacturing plant in Thailand. The company said it expects to record restructuring charges of $5.4 million, between the third quarter of 2021 and the fourth quarter of 2022, including $3.5 million in severance expenses and $500,000 in retention bonuses.

Interface to cut 5% of its workforce, close Thailand plant as part of restructuring

ATLANTA, Aug. 18, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced that Dan Hendrix, Chief Executive Officer, and Bruce Hausmann, Chief Financial Officer, will present virtually at the Raymond James 2021 Diversified Industrials Conference on Tuesday, August 24, 2021 at 9:20 a.m. ET. The presentation will be available via webcast, which can be accessed through the Events tab in the Investor Relations section of the Company's website at www.investors.interface.com.

Interface to Participate in the Raymond James 2021 Diversified Industrials Conference

Interface (TILE) has been struggling lately, but the selling pressure may be coming to an end soon.

Interface (TILE) Sees Hammer Chart Pattern: Time to Buy?

Interface, Inc. (TILE) CEO Daniel Hendrix on Q2 2021 Results - Earnings Call Transcript

Interface (TILE) delivered earnings and revenue surprises of 7.14% and 0.59%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Interface (TILE) Beats Q2 Earnings and Revenue Estimates

Shares of Interface (NASDAQ:TILE) remained unaffected after the company reported Q2 results. Quarterly Results Earnings per share were up 11.11% year over year to $0.30, which beat the estimate of $0.26.

Recap: Interface Q2 Earnings

ATLANTA, Aug. 6, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the second quarter ended July 4, 2021. Quarterly Highlights: Q2 2021 orders increased 38% compared to Q2 2020.

Interface Reports Second Quarter 2021 Results

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ATLANTA, July 30, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced that Dan Hendrix, Chief Executive Officer, and Bruce Hausmann, Chief Financial Officer, will present virtually at the annual Jefferies Virtual Industrials Conference on Tuesday, August 3, 2021 at 9:30 a.m. ET. The presentation will be available via webcast, which can be accessed through the Events tab in the Investor Relations section of the Company's website at www.investors.interface.com, or at https://wsw.com/webcast/jeff190/tile/1849126.

Interface to Participate in the Jefferies Virtual Industrials Conference

ATLANTA, July 9, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its second quarter 2021 results on Friday, August 6, 2021, prior to the open of the market. Interface will host a conference call the morning of Friday, August 6, 2021, at 8:00 a.m.

Interface, Inc. To Broadcast Second Quarter 2021 Results Conference Call Over the Internet

Does Interface (TILE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Interface (TILE) Is Up 6.94% in One Week: What You Should Know

As of late, it has definitely been a great time to be an investor of Interface, Inc. (TILE)

Can the Uptrend Continue for Interface (TILE)?

Interface, Inc. (TILE) CEO Daniel Hendrix on Q1 2021 Results - Earnings Call Transcript

ATLANTA, May 7, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the first quarter ended April 4, 2021. Quarterly Highlights: Q1 2021 GAAP earnings per share of $0.12; Q1 2021 adjusted earnings per share of $0.17.

Interface Reports First Quarter 2021 Results

ATLANTA, May 5, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, announced today it has expanded its financial reporting into two reportable segments, Americas (AMS) and Europe, Africa, Asia, and Australia (EAAA). The change will be effective with the first quarter 2021 financial statements.

Interface Announces Changes to Segment Reporting Structure

Interface (TILE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Interface (TILE) to Report a Decline in Earnings: What to Look Out for

ATLANTA, April 8, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its first quarter 2021 results on Friday, May 7, 2021, prior to the open of the market. Interface will host a conference call the morning of Friday, May 7, 2021, at 8:00 a.m.

Interface, Inc. To Broadcast First Quarter 2021 Results Conference Call Over the Internet

Interface Inc.'s (TILE) CEO Dan Hendrix on Q4 2020 Results - Earnings Call Transcript

Interface (TILE) delivered earnings and revenue surprises of 3.85% and -0.45%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Interface (TILE) Q4 Earnings Top Estimates

Shares of Interface (NASDAQ:TILE) remained unaffected after the company reported Q4 results. Quarterly Results Earnings per share fell 41.30% year over year to $0.27, which beat the estimate of $0.25.

Recap: Interface Q4 Earnings

ATLANTA, March 2, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the fourth quarter ended January 3, 2021. Quarterly Highlights: Strong liquidity of $398 million at quarter end...

Interface Reports Fourth Quarter 2020 Results

ATLANTA, Feb. 9, 2021 /PRNewswire/ -- Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its fourth quarter and fiscal year 2020 results on Tuesday, March 2, 2021, prior to the open of the market. Interface will host a conference call the morning of Tuesday, March...

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