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Interface's Q3 Adjusted Earnings, Net Sales Increase; Full-Year Revenue Outlook Raised
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Interface's Q3 Adjusted Earnings, Net Sales Increase; Full-Year Revenue Outlook Raised
Nov 1, 2024 9:32 AM

05:52 AM EDT, 11/01/2024 (MT Newswires) -- Interface (TILE) reported Q3 adjusted earnings Friday of $0.48 per diluted share, up from $0.28 a year earlier.

Analysts polled by Capital IQ expected $0.34.

Net sales for the quarter ended Sept. 29 were $344.3 million, compared with $311 million a year earlier.

Analysts polled by Capital IQ expected $336.4 million.

The company raised its fiscal 2024 net sales forecast to between $1.32 billion to $1.33 billion, from the previous range of $1.30 billion to $1.32 billion. Analysts polled by Capital IQ expect $1.31 billion.

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