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Interface Reports Fourth Quarter and Full Year 2024 Results

1. Interface reported Q4 results with $335M in net sales, up 3% YoY. 2. Adjusted EPS was $0.34; $38M cash from operations was generated, meeting expectations.

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$21.3102/25 05:35 AM EDTEvent Start
$19.8402/26 12:19 PM EDTLatest Updated
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FAQ

Why Neutral?

The reported growth and earnings met expectations, leading to modest immediate market reactions. Similar earnings releases in the past have produced limited price shifts when results align with forecasts.

How important is it?

As a routine earnings report that met expectations, it has moderate importance in influencing TILE’s price without driving dramatic moves.

Why Short Term?

Earnings announcements generally influence short-term trading; sustained trends are required for long-term impact.

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ATLANTA--(BUSINESS WIRE)--Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the fourth quarter and full fiscal year ended December 29, 2024. Fourth quarter highlights: Net sales totaled $335 million, up 3.0% year-over-year, in the range of our expectations. GAAP earnings per diluted share of $0.37; Adjusted earnings per diluted share of $0.34. Generated $38 million of cash from operations, repaid $34 million.

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