Delivered strong year, as One Interface strategy accelerates results Interface, Inc. (NASDAQ:TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the fourth quarter and full fiscal year ended December 29, 2024. Fourth quarter highlights: Net sales totaled $335 million, up 3.0% year-over-year, in the range of our expectations. GAAP earnings per diluted share of $0.37; Adjusted earnings per diluted share of $0.34. Generated $38 million of cash from operations, repaid $34 million of debt in the quarter. Fiscal Year: Net sales totaled $1,316 million, up 4.3% year-over-year. GAAP earnings per diluted share of $1.48;

Latest Launches Offer Unmatched Design Flexibility Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, today launched two new carpet tile collections, Material Impressions™ and Open Road™. These collections expand the company's i2™ portfolio and mark 25 years since it introduced this innovative design approach, a first in the flooring industry. Inspired by how nature would design a floor, Interface's i2 portfolio features nearly 50 carpet tile styles that prioritize similarity over uniformity. These styles offer maximum flexibility for commercial spaces as they are made to blend effortlessly, rather than match exactly. This randomness in de

Interface, Inc. (NASDAQ:TILE) announced today that it intends to release its fourth quarter and fiscal year 2024 results on Tuesday, February 25, 2025, prior to the open of the market. Interface will host a conference call the morning of Tuesday, February 25, 2025, at 8:00 a.m. Eastern Time, which will be simultaneously broadcast live over the internet. Laurel M. Hurd, Chief Executive Officer, and Bruce A. Hausmann, Chief Financial Officer, will host the call. Certain information discussed on the conference call will be available on Interface's website, at https://investors.interface.com. Call details: Tuesday, February 25, 2025 8:00 a.m. Eastern Time, 7:00 a.m. Central Time, 6:00 a.m.

Latest Innovation Demonstrates Company's ‘All In' Strategy to Store More Carbon Across Full Product Portfolio Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, today revealed a first-of-its-kind carbon negative nora® rubber flooring prototype that stores more carbon than is emitted through its manufacture. This latest innovation quickly follows Interface's recent ‘all in' commitment to invest in product development and manufacturing efforts that drive carbon reduction and storage, without offsets. Interface is showcasing the carbon negative prototype at BAU, the world's leading trade fair for architecture, materials, and systems, taking p

norament® 926 satura Now Available in 22 Updated Colors Across Two Surface Options Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, today announced a full color line refresh of its norament 926 satura rubber flooring collection. This nora by Interface introduction combines an inspiring and versatile color palette with the durability and functionality needed to perform in very high-traffic spaces. Designers and flooring specifiers can choose from 22 colors ranging from elegant neutrals to vibrant accents. norament 926 satura is offered in the timeless hammered surface or the new subtly structured two-tone design, allowing for rich, satura

Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, payable December 13, 2024 to shareholders of record as of November 29, 2024. About Interface Interface, Inc. (NASDAQ:TILE) is a global flooring solutions company and sustainability leader, offering an integrated portfolio of carpet tile and resilient flooring products that includes Interface® carpet tile and LVT, nora® rubber flooring, and FLOR® premium area rugs for commercial and residential spaces. Made with purpose and without compromise, Interface flooring brings more sophist

Latest Products Combine Dimensional Texture, Dynamic Composition, and Functional Versatility Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, today launched three new carpet tile collections, Etched Earth™, Combined Effect™, and Shifted States™. With large-scale patterns, textured transitions, and geometric designs, each of these introductions provides a design solution for diverse commercial settings, including corporate offices, hospitals, schools, and more. "Whether anchoring a space, adding visual interest, or supporting wayfinding through flooring, our carpet tile products are made for purpose," says Kelly Simcox, Head of Global Des

Strong strategy execution drives significant profitability expansion and double-digit order growth Interface, Inc. (NASDAQ:TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the third quarter ended September 29, 2024. Third quarter highlights: Net sales were $344.3 million, up 10.7% year-over-year. Gross profit margin increased to 37.1%, up 162 basis points year-over-year. GAAP earnings per share of $0.48; Adjusted earnings per share of $0.48. Currency-neutral orders up 10% year-over-year. "We delivered another quarter of strong performance, as our One Interface strategy continues to yield tangible results, including d

Global Flooring Manufacturer Recognized as Net Zero Leader for Carbon Reduction Strategy Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, announced it received a top honor at the Reuters 2024 Sustainability Awards. The manufacturer received the highest distinction in the Net Zero: Leadership category for its decision to go ‘all in' on becoming carbon negative without offsets. As part of its strategy, Interface is focused on direct carbon reduction and carbon storage – not offsets – to meet the urgency of the climate crisis. The company is exploring and investing in innovation and R&D projects to avoid, reduce, and store more carbon across

Addition helps keep sustainability top-of-mind, clearly communicates flooring's carbon impact Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, today announced that it is making it easier for customers to understand the carbon impact of their product selections by including project-specific embodied carbon metrics on all floor plans created by the Interface Design Studio (IDS). The company is using a unique combination of technology and data to calculate the carbon footprint of a project's flooring. As a result, Interface is the first flooring manufacturer to deliver embodied carbon metrics as standard on its floor plans, helping customers u

Sustainability Leader Updates Carbon Plan to Meet Ambitious Climate Goals Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, today announced it is focusing on direct carbon reduction and carbon storage to meet the urgency of the climate crisis. The company is aligning its strategy to meet its climate commitments, which do not allow for carbon offsets. The planet is at an inflection point and absolute emission reductions are critical to solving the climate crisis. Beginning in 2025, Interface will repurpose former offset investments to accelerate innovation projects that will result in direct carbon reductions and carbon storage both intern

Interface, Inc. (NASDAQ:TILE), the global flooring solutions company and leader in sustainability, announces that its circular approach to the production of carpet tile products is recognized as one of three "Circularity Lighthouses in the Built Environment" by the World Economic Forum (WEF) and McKinsey & Company. Announced at the WEF's annual meeting in Davos, the new designation recognizes pioneering circular solutions showcasing innovation, impact, and value. The distinction recognizes Interface for its circular supply chain and manufacturing of carpet tile products produced at scale for the commercial flooring industry. The company's carpet tiles feature circular raw materials, like

ATLANTA, March 7, 2022 /PRNewswire/ -- Interface, Inc. (NASDAQ:TILE), a worldwide commercial flooring company and global leader in sustainability, today announced it has appointed Laurel M. Hurd as President and Chief Executive Officer, effective April 18, 2022. She will lead Interface on its next phase of growth, while also delivering on its mission to become a carbon negative enterprise by 2040. Hurd will succeed Daniel T. Hendrix, who has served a second stint in the CEO role since January 2020. Hendrix will continue his 39-year tenure with the company remaining as Chairman of the Board of Directors.

Barrington Research initiated coverage of Interface with a rating of Outperform and set a new price target of $20.00

Longbow upgraded Interface from Neutral to Buy and set a new price target of $18.00

Truist downgraded Interface from Buy to Hold and set a new price target of $9.00 from $13.00 previously

Raymond James reiterated coverage of Interface with a rating of Outperform and set a new price target of $17.00 from $19.00 previously

Raymond James upgraded Interface from Market Perform to Outperform and set a new price target of $19.00

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)

4 - INTERFACE INC (0000715787) (Issuer)