Interface Reports Fourth Quarter and Fiscal Year 2018 Results

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Go back to Interface Reports Fourth Quarter and Fiscal Year 2018 Results

Interface (TILE) Tops Q4 EPS by 2c, Revenues Miss; Provides Outlook

February 19, 2019 4:04 PM EST

Interface (NASDAQ: TILE) reported Q4 EPS of $0.41, $0.02 better than the analyst estimate of $0.39. Revenue for the quarter came in at $337 million versus the consensus estimate of $344.6 million.

"2018 was a great year for Interface and it provides solid momentum as we enter into 2019. We continue to deliver strong results, demonstrating that our value creation strategy is winning in the marketplace," said Jay Gould, CEO of Interface. "2018\'s full year organic sales were up 7% and adjusted EPS was $1.49. Q4 also ended strong with organic growth of 2% and adjusted EPS of $0.41. Our strategic investments in 2018, which... More