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Interface Inc (TILE.OQ)

TILE.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Interface Says New Restructuring Plan Involves Reduction Of About 200 Positions Globally
Thursday, 3 Jan 2019 04:39pm EST 

Jan 3 (Reuters) - Interface Inc ::INTERFACE INC - ON DECEMBER 28, CO COMMITTED TO A NEW RESTRUCTURING PLAN.INTERFACE INC - RESTRUCTURING PLAN INVOLVES REDUCTION OF ABOUT 200 POSITIONS GLOBALLY.INTERFACE INC - AS RESULT OF RESTRUCTURING PLAN EXPECTS TO INCUR PRE-TAX RESTRUCTURING & ASSET IMPAIRMENT CHARGE IN Q4 OF 2018 OF ABOUT $22.0 MILLION.INTERFACE INC - RESTRUCTURING PLAN IS EXPECTED TO BE SUBSTANTIALLY COMPLETE IN FIRST HALF OF 2019.INTERFACE INC - RESTRUCTURING PLAN EXPECTED TO YIELD GROSS ANNUAL SAVINGS OF APPROXIMATELY $12.5 MILLION.INTERFACE INC - RESTRUCTURING PLAN INVOLVES WRITE-DOWN OF CERTAIN OBSOLETE, UNDERUTILIZED & IMPAIRED INFORMATION TECHNOLOGY AND MANUFACTURING ASSETS.  Full Article

Interface Inc reports Q3 earnings $0.32/shr
Wednesday, 25 Oct 2017 04:02pm EDT 

Oct 25 (Reuters) - Interface Inc :Interface reports third quarter 2017 results.Q3 earnings per share $0.32.Q3 sales $257.4 million versus I/B/E/S view $255.6 million.Q3 earnings per share view $0.30 -- Thomson Reuters I/B/E/S.  Full Article

Interface Q2 earnings per share $0.33
Wednesday, 26 Jul 2017 04:01pm EDT 

July 26 (Reuters) - Interface Inc :Interface reports second quarter 2017 results.Q2 earnings per share $0.33.Q2 sales $251.7 million versus i/b/e/s view $254.9 million.Q2 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Interface Inc - interface remains committed to its full year plan, which targets 3-4% organic sales growth, 38.0-38.5% gross margin.  Full Article