Welcome to our dedicated page for Interface news (Ticker: TILE), a resource for investors and traders seeking the latest updates and insights on Interface stock.
Interface Inc (TILE) is a leading electrical and electronic manufacturing company headquartered in Bay Shore, New York. Specializing in the design, production, and sale of carpet tiles, Interface Inc has expanded its product portfolio to include Luxury Vinyl Tiles (LVT) and rubber flooring. The company's primary markets are corporate and noncorporate office spaces, encompassing sectors like government, education, healthcare, hospitality, and retail.
With its operations segmented geographically into the Americas, Europe, and Asia-Pacific, Interface Inc is strategically positioned to serve a diverse and global clientele. The company's two primary operating and reportable units are AMS (Americas) and EAAA (Europe, Asia, Australia, Africa), ensuring a broad market reach and robust supply chains.
Recently, Interface Inc has made significant strides in both its product innovation and sustainability initiatives, earning accolades for its environmentally friendly manufacturing processes and sustainable product lines. Financially, Interface Inc continues to display strong performance, driven by strategic partnerships and a growing customer base.
Stay updated with the latest news and developments from Interface Inc to understand how this dynamic company continues to shape the future of flooring solutions.
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Interface, Inc. (NASDAQ: TILE) commits to absolute emission reduction efforts to address the climate crisis by focusing on direct carbon reduction and storage, aligning its strategy with climate commitments without the use of carbon offsets. The company aims to repurpose offset investments for innovation projects to achieve carbon negativity by 2040. Interface offers low carbon footprint products, plans to halve emissions by 2030, and become carbon negative by 2040. Carbon offset programs will be discontinued by 2024.
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Interface, Inc. (Nasdaq: TILE) is set to release its first quarter 2024 results on May 3, 2024, with a conference call hosted by CEO Laurel M. Hurd and CFO Bruce A. Hausmann. The call will provide key insights available on Interface's website. Investors can access the live broadcast online and an archived version will be available for a year post the call.
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Interface, Inc. (NASDAQ: TILE) launches new flooring collections in the first quarter, expanding product portfolio with hardworking, high-quality solutions. The new collections offer style, performance, and sustainability with the lowest carbon footprint in the industry.
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Interface, Inc. (TILE) declares a regular quarterly cash dividend of $0.01 per share, payable on April 12, 2024, to shareholders of record as of March 29, 2024.
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Interface, Inc. (TILE) reported fourth-quarter net sales of $325.1 million, down 3.1% year-over-year, with a gross profit margin increase to 37.9%. GAAP earnings per share were $0.33, while adjusted earnings per share stood at $0.41. For the full fiscal year, net sales were $1,261.5 million, down 2.8% year-over-year, with a gross profit margin increase to 35.0%. GAAP earnings per share were $0.76, while adjusted earnings per share were $1.00.
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FLOR collaborates with Trina Turk to launch a new area rug collection inspired by the fashion designer's bold patterns and vintage materials. The collection includes five unique carpet tile styles reflecting Trina Turk's signature style and global influences. Available on FLOR.com, the collection offers versatile options for interior design enthusiasts.
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Interface, Inc. (Nasdaq: TILE) announced the release of its Q4 and fiscal year 2023 results on February 27, 2024. The company will host a conference call with CEO Laurel M. Hurd and CFO Bruce A. Hausmann. The call will be available live over the internet and archived for one year.
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Interface, Inc. (NASDAQ: TILE) has been recognized as one of three 'Circularity Lighthouses in the Built Environment' by the World Economic Forum (WEF) and McKinsey & Company for its circular approach to the production of carpet tile products. The designation highlights Interface's pioneering circular solutions, showcasing innovation, impact, and value. The company's carpet tiles feature circular raw materials, like bio-based materials that keep carbon from reentering the atmosphere, and can be recycled and reused through the company’s ReEntry and Reclamation™ program. Interface offers the lowest carbon footprint carpet tile in the industry, and the recognition coincides with a crucial moment in the fight against climate change, as circularity can eliminate 75% of embodied carbon emissions in the built environment.
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FLOR Announces Winter Collection Featuring Four New Carpet Tile Styles - Ticker: FLOR - FLOR, a high-end area rug brand, introduces its Winter Collection with four new carpet tile styles. The collection embraces the season's trends with textured layers, calming hues, and eclectic patterns. Each product reflects the brand's core values of being beautiful, smart, and environmentally conscious.
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FLOR, the high-end area rug brand, will mark its 5th year at Modernism Week 2024 as the Premier Sponsor for flooring solutions. They will launch a new collection designed in collaboration with Trina Turk, featuring beautifully sourced area rugs at various installations throughout the event.
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FAQ
What is the current stock price of Interface (TILE)?
The current stock price of Interface (TILE) is $24.42 as of January 23, 2025.
What is the market cap of Interface (TILE)?
The market cap of Interface (TILE) is approximately 1.4B.
What does Interface Inc specialize in?
Interface Inc specializes in the design, production, and sale of carpet tiles, Luxury Vinyl Tiles (LVT), and rubber flooring.
Which markets does Interface Inc cater to?
Interface Inc caters to corporate and noncorporate office markets, including government, education, healthcare, hospitality, and retail sectors.
Where is Interface Inc located?
Interface Inc is located at 215 N Fehr Way, Bay Shore, New York, United States.
What are the geographical segments of Interface Inc?
The geographical segments of Interface Inc include the Americas, Europe, and Asia-Pacific.
What are the operating segments of Interface Inc?
Interface Inc has two operating and reportable segments: AMS (Americas) and EAAA (Europe, Asia, Australia, Africa).
What recent achievements has Interface Inc made?
Interface Inc has made significant strides in product innovation and sustainability initiatives, earning recognition for its environmentally friendly manufacturing processes.
What types of products does Interface Inc offer?
Interface Inc offers carpet tiles, Luxury Vinyl Tiles (LVT), and rubber flooring.
Which sectors benefit from Interface Inc's products?
Sectors such as government, education, healthcare, hospitality, and retail benefit from Interface Inc's products.
How does Interface Inc maintain its market position?
Interface Inc maintains its market position through strong financial performance, strategic partnerships, and a growing customer base.
Why should I stay updated with Interface Inc's news?
Staying updated with Interface Inc's news can provide insights into their latest developments, product innovations, and business strategies.
Interface Inc
Nasdaq:TILE
TILE Rankings
TILE Stock Data
1.43B
57.17M
2%
96.65%
2.36%
Building Products & Equipment
Carpets & Rugs
United States of America
ATLANTA