Truist downgraded Interface from Buy to Hold and set a new price target of $9.00 from $13.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/15/2024 | $20.00 | Outperform | Barrington Research |
| 3/1/2023 | $18.00 | Neutral → Buy | Longbow |
| 2/22/2023 | $13.00 → $9.00 | Buy → Hold | Truist |
| 3/2/2022 | $19.00 → $17.00 | Outperform | Raymond James |
| 11/8/2021 | $19.00 | Market Perform → Outperform | Raymond James |
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;
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.
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
10-K - INTERFACE INC (0000715787) (Filer)
8-K - INTERFACE INC (0000715787) (Filer)
10-Q - INTERFACE INC (0000715787) (Filer)
SC 13G/A - INTERFACE INC (0000715787) (Subject)
SC 13G/A - INTERFACE INC (0000715787) (Subject)
SC 13G/A - INTERFACE INC (0000715787) (Subject)
4 - INTERFACE INC (0000715787) (Issuer)
4 - INTERFACE INC (0000715787) (Issuer)
4 - INTERFACE INC (0000715787) (Issuer)
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.
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.
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