Interface (TILE)

Interface, Inc. is a global flooring company specializing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT) and nora® rubber flooring. Interface helps its customers create high-performance interior spaces that support well-being, productivity, and creativity, as well as the sustainability of the planet. With its mission, Climate Take Back™, Interface commits to operating in a way that is restorative to the planet and creates a climate fit for life.

Company profile

Ticker

TILE

Exchange

NASDAQ

Website

www.interfaceglobal.com

CEO

Daniel Hendrix

Incorporated

Georgia

Location

Georgia

Fiscal year end

Jan 02

Sector

Manufacturing > Carpet and Rug Mills

Industry (SIC)

Carpets & Rugs

Mohawk Industries • Dixie ...

SEC CIK

0000715787

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

FLOR, Inc. • Interface Americas Holdings • Interface Americas, Inc. • Interface Asia-Pacific (HK) Ltd. • Interface Aust. Holdings Pty Limited • Interface Aust. Pty Limited • Interface Eurasia Holdings • Interface Europe • Interface Europe Investment B.V. • Interface Europe ...

IRS number

581451243

TILE stock data

1M 1Y 5Y

News

From Benzinga Pro

Recap: Interface Q2 Earnings

5 Aug 22

Interface (NASDAQ:TILE) reported its Q2 earnings results on Friday, August 5, 2022 at 05:30 AM. Here's what investors need to know about the announcement.

Earnings Scheduled For August 5, 2022

5 Aug 22

Companies Reporting Before The Bell • Reservoir Media (NASDAQ:RSVR) is projected to report quarterly loss at $0.05 per share on revenue of $18.19 million.

Earnings Preview: Interface

4 Aug 22

Interface (NASDAQ:TILE) is set to give its latest quarterly earnings report on Friday, 2022-08-05. Here's what investors need to know before the announcement. Analysts estimate that Interface will report an earnings per share (EPS) of $0.32.

Stocks That Hit 52-Week Lows On Thursday

30 Jun 22

Stocks That Hit 52-Week Lows On Thursday

23 Jun 22

Press releases

From Benzinga Pro

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of Interface, Inc. (TILE) and Encourages Long-Term TILE Investors to Contact the Firm

6 Aug 22

Philadelphia, Pennsylvania--(Newsfile Corp. - August 6, 2022) - Kaskela Law LLC announces that it is investigating Interface, Inc. ("Interface" or the "Company") (NASDAQ:TILE) on behalf of the Company's long-term

Interface Reports Second Quarter 2022 Results

5 Aug 22

ATLANTA, Aug. 5, 2022 /PRNewswire/ -- Interface, Inc. (NASDAQ:TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the second quarter ended July 3, 2022.

Two Executives from BlueLinx Holdings Inc. (NYSE: BXC) Featured as the Most Influential Black Executives in Corporate America

19 Jul 22

Savoy Magazine 2022 List of Trailblazing Executives includes President & CEO Dwight Gibson and CPO Kevin Henry (L-R) BlueLinx President and CEO, Dwight Gibson, and Chief People Officer, Kevin Henry MARIETTA, Ga.,

INTERFACE INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Interface, Inc. - TILE

15 Jul 22

Interface, Inc. To Broadcast Second Quarter 2022 Results Conference Call Over the Internet

7 Jul 22

Calendar

10 May 22

12 Aug 22

2 Jan 23

Financial summary

Financial statements Chart TILE financial data

Quarter (USD)	Apr 22	Jan 22	Oct 21	Jul 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jan 22	Jan 21	Dec 19	Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	76.09M	76.09M	76.09M	76.09M	76.09M	76.09M
Cash burn (monthly)	7.05M	2.57M	(no burn)	(no burn)	5.9M	(no burn)
Cash used (since last report)	30.36M	11.06M	n/a	n/a	25.39M	n/a
Cash remaining	45.72M	65.03M	n/a	n/a	50.7M	n/a
Runway (months of cash)	6.5	25.3	n/a	n/a	8.6	n/a

Beta Read what these cash burn values mean

Financial data from Interface earnings reports.

Recent insider trades

TILE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
17 May 22	Burke John Patrick	Common Stock	Grant	Acquire A	No	No	8,442	58,495
17 May 22	Kohler K David	Common Stock	Grant	Acquire A	No	No	8,442	84,495
17 May 22	Kilbane Catherine M	Common Stock	Grant	Acquire A	No	No	8,442	39,012
17 May 22	Keough Joseph	Common Stock	Grant	Acquire A	No	No	8,442	35,462
17 May 22	Dwight Audley Konrad Gibson	Common Stock	Grant	Acquire A	No	No	8,442	35,462

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

TILE institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	161	172	-6.4%
Opened positions	9	21	-57.1%
Closed positions	20	8	+150.0%
Increased positions	67	56	+19.6%
Reduced positions	52	55	-5.5%

13F shares	Current	Prev Q	Change
Total value	1.87B	1.5B	+24.6%
Total shares	56.91M	57.15M	-0.4%
Total puts	61.2K	90.3K	-32.2%
Total calls	55.8K	137.4K	-59.4%
Total put/call ratio	1.1	0.7	+66.9%

Largest owners	Shares	Value	Change
BLK Blackrock	9.5M	$128.89M	+0.1%
Vanguard	6.38M	$86.58M	+0.4%
Capital World Investors	4.72M	$64.07M	0.0%
Barrow Hanley Mewhinney & Strauss	3.82M	$51.87M	-0.8%
Frontier Capital Management	3.72M	$59.36M	0.0%
Frontier Capital Management	3.63M	$49.29M	-2.4%
Dimensional Fund Advisors	2.47M	$33.51M	+0.6%
STT State Street	2.03M	$27.55M	+2.5%
Wellington Management	1.48M	$20.04M	+4.0%
IVZ Invesco	1.38M	$18.71M	+18.4%

Largest transactions	Shares	Bought/sold	Change
Acuitas Investments	0	-489.09K	EXIT
IVZ Invesco	1.38M	+214.55K	+18.4%
State of New Jersey Common Pension Fund D	171.49K	+171.49K	NEW
Ceredex Value Advisors	130.08K	+130.08K	NEW
Arrowstreet Capital, Limited Partnership	0	-107.96K	EXIT
Bridgeway Capital Management	158.5K	-98.5K	-38.3%
Verdad Advisers	90K	-90.08K	-50.0%
Frontier Capital Management	3.63M	-89.74K	-2.4%
HighTower Advisors	0	-88.67K	EXIT
Renaissance Technologies	27.04K	-83.84K	-75.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Armstrong Flooring

Risks

The conflict between Russia and Ukraine could adversely affect our business, results of operations and financial position.

Management Discussion

For 2021, our consolidated net sales increased $97.1 million (8.8%) compared to 2020, comprised of higher sales volumes (approximately 5.1%) and higher prices (approximately 3.7%). Fluctuations in currency exchange rates had a positive impact on our year-over-year consolidated sales comparison of approximately $23.9 million, meaning that if currency levels had remained constant year over year our 2021 sales would have been lower by this amount. On a market segment basis, the sales increase was most significant in non-corporate office market segments including retail, education and healthcare. See the segment results discussion below for additional information on market segments.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: alternative, appeal, attack, benchmark, broader, China, Circuit, conflict, context, cumulative, cyberattack, entered, evolving, factor, fuel, fund, gas, geopolitical, Germany, half, heightening, imposed, inflation, inflationary, infrastructure, input, instability, key, Kingdom, maintain, minimum, oil, outcome, political, procure, ransom, rely, retaliatory, Russia, Russian, subsequent, substantial, successor, supplier, targeting, technology, terrorist, therefrom, tile, Ukraine, unfavorable, volatility, war, weakening

Removed: acquisition, allocated, amending, annually, application, applied, ASC, ASU, beginning, Board, broad, charge, clarifying, closely, collaborate, collect, comparison, conform, consist, consistent, criteria, decline, discontinuation, enacted, exit, experienced, Facilitation, FASB, flow, forfeiture, franchise, home, hospitality, impaired, integration, Interbank, intraperiod, involved, largely, London, mental, method, Offered, optional, payable, physical, positively, prepaid, produce, productivity, prolonged, reach, realignment, recognition, removing, residential, restated, retail, shelter, simplify, Simplifying, size, standard, taxing, timing, Topic, transportation, unchanged, unit, work, workforce

From filing 10-Q 2022 Q1

Financial reports

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