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Interface Inc - TILE STOCK NEWS

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.

Rhea-AI Summary
Interface, Inc. reported second quarter results with net sales of $329.6 million, down 4.9% year-over-year. GAAP earnings per share were $0.27, while adjusted earnings per share were $0.25. The company generated $18.3 million cash from operations and repaid $25.9 million of debt in the quarter.
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Interface, Inc. (NASDAQ: TILE) announced its plans to release first quarter 2023 results on May 5, 2023, before market opening. A live conference call will take place that morning at 8:00 a.m. Eastern Time, hosted by CEO Laurel M. Hurd and CFO Bruce A. Hausmann. Participants can access the call via the company's investor website or directly through a provided link.

All relevant information discussed will also be made available online. Interface is recognized as a global leader in flooring solutions, offering sustainable products with an emphasis on carbon neutrality.

After the call, an archived version will be accessible for one year. For more information about Interface and its commitment to sustainability, visit investors.interface.com.

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Interface, Inc. (NASDAQ: TILE) announced a quarterly cash dividend of $0.01 per share, payable on April 14, 2023, to shareholders of record as of March 31, 2023. The company emphasizes its commitment to sustainability, being certified as a carbon neutral enterprise, and aims to become carbon negative by 2040. Interface integrates a diverse portfolio of flooring products, including carpet tile and resilient flooring, designed for high-performance interior spaces.

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FAQ

What is the current stock price of Interface (TILE)?

The current stock price of Interface (TILE) is $24.53 as of December 20, 2024.

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

1.45B
57.11M
2.1%
96.64%
2.17%
Building Products & Equipment
Carpets & Rugs
Link
United States of America
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