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Stock impact report

Interface Reports Third Quarter 2024 Results

Interface, Inc. (TILE) 
Last interface, inc. earnings: 2/26 05:30 am Check Earnings Report
US:NASDAQ Investor Relations: interfaceglobal.com/investor-relations.aspx
Company Research Source: Business Wire
Strong strategy execution drives significant profitability expansion and double-digit order growth ATLANTA--(BUSINESS WIRE)--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 double-digit sales growth and significant profitability expansion. Education billings were up 18% year-over-year in the third quarter. In the Corporate Office segment, our global billings were up 2% year-over-year, outpacing overall industry trends and demonstrating that we are gaining ma Show less Read more
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