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Interface ( (TILE) ) just unveiled an announcement.
Interface, Inc. reported a robust third quarter for 2024, showcasing strong strategy execution with net sales rising 10.7% to $344.3 million and a gross profit margin increase to 37.1%. The company achieved double-digit growth in currency-neutral orders and significant profitability expansion, underlining the success of their One Interface strategy. With $76.2 million cash generated from operations and substantial debt repayment, Interface continues to strengthen its financial position, while forecasting further growth with a raised full-year outlook.
See more insights into TILE stock on TipRanks’ Stock Analysis page.
