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Interface Inc. - TILE STOCK NEWS

Welcome to our dedicated news page for Interface (Ticker: TILE), a resource for investors and traders seeking the latest updates and insights on Interface.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Interface's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Interface's position in the market.

News
Interface Commits to Absolute Emission Reduction Efforts to Solve Climate Crisis
Rhea-AI Summary
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. to Host First Quarter 2024 Results Conference Call on May 3, 2024
Rhea-AI Summary
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 Investors can access the live broadcast online and an archived version will be available for a year post the call.
Rhea-AI Impact
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End-of-Day
0.79%
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conferences earnings
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Interface Brings Performance and Sophisticated Style with New Carpet Tile Collections
Rhea-AI Summary
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.
Rhea-AI Impact
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-0.6%
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Interface Declares Regular Quarterly Dividend
Rhea-AI Summary
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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End-of-Day
0.65%
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Interface Reports Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
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.
Rhea-AI Impact
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14.14%
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earnings
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FLOR Launches Area Rug Collaboration with Fashion Designer Trina Turk
Rhea-AI Summary
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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End-of-Day
4.01%
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Interface, Inc. to Host Fourth Quarter and Fiscal Year 2023 Results Conference Call on February 27, 2024
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
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Interface Circular Approach Recognized by The World Economic Forum and McKinsey as a Circularity Lighthouse in the Built Environment
Rhea-AI Summary
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.
Rhea-AI Impact
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End-of-Day
-1.21%
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FLOR Debuts New Winter Area Rug Collection for the New Year
Rhea-AI Summary
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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End-of-Day
-2.38%
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FLOR Returns to Modernism Week as a 2024 Premier Sponsor
Rhea-AI Summary
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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-0.6%
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Stock TILE logo
Interface Inc.

Nasdaq:TILE

TILE Rankings

#2460 Ranked by Market Cap
#3512 Ranked by Stock Gains
#2067 Ranked by Dividends

TILE Stock Data

900.58M
56.57M
2.53%
98.75%
1.94%
Carpet and Rug Mills
Manufacturing
Link
US
Atlanta

About TILE

interface products co is an electrical and electronic manufacturing company located in 215 n fehr way, bay shore, new york, united states.