Longbow upgraded Interface from Neutral to Buy and set a new price target of $18.00
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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 |
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
Interface, Inc. (NASDAQ:TILE) announced today that it intends to release its third quarter 2024 results on Friday, November 1, 2024, prior to the open of the market. Interface will host a conference call the morning of Friday, November 1, 2024, 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: Friday, November 1, 2024 8:00 a.m. Eastern Time, 7:00 a.m. Central Time, 6:00 a.m. Mountain Time, 5:00 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 September 13, 2024 to shareholders of record as of August 30, 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 sophisti
SC 13G/A - INTERFACE INC (0000715787) (Subject)
SC 13G/A - INTERFACE INC (0000715787) (Subject)
SC 13G/A - INTERFACE INC (0000715787) (Subject)
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
10-Q - INTERFACE INC (0000715787) (Filer)
8-K - INTERFACE INC (0000715787) (Filer)
8-K - INTERFACE INC (0000715787) (Filer)
Barrington Research analyst Alexander Paris maintains Interface (NASDAQ:TILE) with a Outperform and maintains $22 price target.
Barrington Research analyst Alexander Paris maintains Interface (NASDAQ:TILE) with a Outperform and raises the price target from $20 to $22.
4 - INTERFACE INC (0000715787) (Issuer)
4 - INTERFACE INC (0000715787) (Issuer)
4 - INTERFACE INC (0000715787) (Issuer)
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
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.