INTERFACE


Associated tags: Carbon, LVT, Table tennis rubber, Interface, Inc., Manufacturing, Interface, Retail, Construction & Property, Home Goods, Other Manufacturing, Interior Design, Textiles, Sustainability, Environment, Collection

Locations: THAILAND, AUSTRALIA, ASIA, CHINA, RUSSIA, CALIFORNIA, UNITED STATES, NORTH AMERICA, GEORGIA, SG, NORA, AMERICAS, CA

Interface Reports First Quarter 2024 Results

Retrieved on: 
Friday, May 3, 2024

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.

Key Points: 
  • 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 2024 adjusted operating income ("AOI") was $25.5 million versus AOI of $15.2 million in the first quarter of 2023.
  • First quarter 2024 adjusted net income was $14.2 million, or $0.24 per diluted share, versus first quarter 2023 adjusted net income of $4.0 million, or $0.07 per diluted share.
  • Interface will host a conference call on May 3, 2024, at 8:00 a.m. Eastern Time, to discuss its first quarter 2024 results.

Interface Commits to Absolute Emission Reduction Efforts to Solve Climate Crisis

Retrieved on: 
Monday, April 22, 2024

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.

Key Points: 
  • 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.
  • “We’re ‘all in’ on solving the climate crisis.

Interface, Inc. to Host First Quarter 2024 Results Conference Call on May 3, 2024

Retrieved on: 
Friday, April 5, 2024

Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its first quarter 2024 results on Friday, May 3, 2024, prior to the open of the market.

Key Points: 
  • Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its first quarter 2024 results on Friday, May 3, 2024, prior to the open of the market.
  • Interface will host a conference call the morning of Friday, May 3, 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 .

Interface Brings Performance and Sophisticated Style with New Carpet Tile Collections

Retrieved on: 
Tuesday, April 2, 2024

Featuring 12 versatile options, these new products are functional, durable, and beautiful -- perfect for hardworking spaces in any segment. Through continued innovations across design and manufacturing, Stria offers accessible pricing and a three-week lead time.

Key Points: 
  • With these latest introductions, Interface continues to expand its product portfolio by combining style and performance, meeting its customers’ design and space-specific needs, all while offering the lowest carbon footprint carpet tile products in the industry.
  • Introduced as two new product extensions of Interface’s expansive Open Air™ collection, Stria and Open Ended bring subtle, sophisticated color to the platform.
  • The result is versatile carpet tile styles that bring familiarity, warmth, and handcrafted authenticity to today’s interiors.
  • As part of a modular flooring system, architects, designers, and specifiers can easily and efficiently pair Interface carpet tile, LVT, and nora® rubber flooring to create beautiful, positive spaces.

Interface Declares Regular Quarterly Dividend

Retrieved on: 
Tuesday, March 12, 2024

Interface, Inc. (Nasdaq: TILE), the global flooring solutions company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, payable April 12, 2024 to shareholders of record as of March 29, 2024.

Key Points: 

Interface, Inc. (Nasdaq: TILE), the global flooring solutions company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.01 per share, payable April 12, 2024 to shareholders of record as of March 29, 2024.

Interface Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 27, 2024

Adjusted SG&A expenses were $83.5 million, or 25.7% of net sales, in the fourth quarter of 2023, compared to $79.4 million, or 23.7% of net sales, in the fourth quarter of 2022.

Key Points: 
  • Adjusted SG&A expenses were $83.5 million, or 25.7% of net sales, in the fourth quarter of 2023, compared to $79.4 million, or 23.7% of net sales, in the fourth quarter of 2022.
  • Fourth quarter 2023 adjusted operating income ("AOI") was $41.0 million versus AOI of $32.0 million in the fourth quarter of 2022.
  • Fourth quarter 2023 adjusted net income was $23.8 million, or $0.41 per diluted share, versus fourth quarter 2022 adjusted net income of $18.1 million, or $0.31 per diluted share.
  • Interface will host a conference call on February 27, 2024, at 8:00 a.m. Eastern Time, to discuss its fourth quarter and full fiscal year 2023 results.

FLOR Launches Area Rug Collaboration with Fashion Designer Trina Turk

Retrieved on: 
Thursday, February 15, 2024

FLOR® , a high-end area rug brand for homes, offices, and every space in between, launches its new collaboration with Trina Turk, the ready-to-wear fashion designer known for bright colors and bold patterns.

Key Points: 
  • FLOR® , a high-end area rug brand for homes, offices, and every space in between, launches its new collaboration with Trina Turk, the ready-to-wear fashion designer known for bright colors and bold patterns.
  • The Trina Turk X FLOR area rug collection includes five unique products that bring the designer’s signature style into interior spaces, influenced by her global travels and love for vintage materials.
  • Twin Palms: Another mid-century moment, Twin Palms features a classic Trina Turk and Mr Turk pattern of geometric stripes.
  • “Creating this collection was every designer’s dream because the Trina Turk and FLOR teams became true collaborators, resulting in fun, stylish, and timeless area rug products,” said Katherine Cohen, Associate Creative Director at FLOR.

Interface, Inc. to Host Fourth Quarter and Fiscal Year 2023 Results Conference Call on February 27, 2024

Retrieved on: 
Friday, January 26, 2024

Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its fourth quarter and fiscal year 2023 results on Tuesday, February 27, 2024, prior to the open of the market.

Key Points: 
  • Interface, Inc. (Nasdaq: TILE) announced today that it intends to release its fourth quarter and fiscal year 2023 results on Tuesday, February 27, 2024, prior to the open of the market.
  • Interface will host a conference call the morning of Tuesday, February 27, 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 .

Interface Circular Approach Recognized by The World Economic Forum and McKinsey as a Circularity Lighthouse in the Built Environment

Retrieved on: 
Wednesday, January 24, 2024

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.

Key Points: 
  • 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.
  • “Having our circular approach to carpet tile production recognized as a Circularity Lighthouse is a huge honor for Interface,” says Laurel Hurd, CEO of Interface.

FLOR Debuts New Winter Area Rug Collection for the New Year

Retrieved on: 
Wednesday, January 3, 2024

FLOR® , a high-end area rug brand for homes, offices, and every space in between, today announces its Winter Collection , featuring four new carpet tile styles.

Key Points: 
  • FLOR® , a high-end area rug brand for homes, offices, and every space in between, today announces its Winter Collection , featuring four new carpet tile styles.
  • “We’re excited to share our Winter Collection, highlighting this season’s top trends from retro modern revival to tonal tranquility,” said James Pope, General Manager at FLOR.
  • Tivoli Touch: Add a touch of quiet to your space with this new area rug, focused on layered neutral tones.
  • Draper: Connect with nature and find your botanical bliss with this new area rug, featuring elevated lines and patterns inspired by the natural world.