Interface reports record sales in Americas

Home News Interface reports record sales in Americas

Atlanta, Ga.—Interface reported third quarter net income of $15.0 million, or $0.23 per share, compared to a net loss of $5.8 million, or $0.09 per share a year ago.
Sales for the third quarter were $254.5 million, compared with sales of $242.9 million in the third quarter of 2012, an increase of 4.8%.



“Our Americas business was the star of the quarter, achieving its highest levels of sales and operating income in company history notwithstanding a challenging market environment,” said CEO Daniel Hendrix.
”Sales also improved substantially in our Asia-Pacific region, with our operations in China turning the corner on profitability. While the top line in Europe was essentially flat year over year, we saw the orders comparison turn positive in the month of September and the region showed a 9% sequential improvement in sales.

“We’re pleased with our accomplishments in the third quarter,” he explained, “but our outlook for the final three months of the year is somewhat moderated by a softening order book in the United States over the past two months.”

Must Read

Happy Feet, Welspun partner on charitable product offering

Dalton—Happy Feet International is expanding its offerings to include new products from Welspun Flooring where a portion of every Welspun sale will go toward...

Coverings releases 2023 education lineup

Orlando, Fla.—Coverings, the preeminent event for North America's ceramic tile and natural stone industry, unveiled a sneak peek of featured education for Coverings 2023,...

Tried and true digital marketing tips from the trade

As technology advances and more companies turn to the digital realm for their marketing needs, it’s important for companies to stay up-to-date on how...

John McGrath retires from INSTALL

Washington, D.C.—INSTALL has announced the retirement of its executive director, John T. McGrath Jr., who played a significant role in revolutionizing floorcovering installation training...

Cali updates BCXL collection

San Diego—In response to customer demand and shifting color trends, Cali is adding three new styles to its popular Cali Vinyl Builder’s Choice XL...

Schönox debuts new subfloor products

Florence, Ala.—Schönox HPS North America debuted two subfloor products in response to needs expressed by the professional installer community in the field with Schönox...
Some text some message..
X