Interface, Inc. Reports Earnings Results for the Second Quarter Ended July 4, 2021
August 06, 2021 at 05:30 am EDT
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Interface, Inc. announced earnings results for the second quarter ended July 4, 2021. For the second quarter, the company announced sales was USD 294.785 million compared to USD 259.504 million a year ago. Operating income was USD 29.224 million compared to USD 17.393 million a year ago. Net income was USD 15.511 million compared to USD 4.709 million a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to USD 0.08 a year ago.
For the half year, sales was USD 548.045 million compared to USD 547.673 million a year ago. Operating income was USD 46.090 million compared to operating loss of USD 76.119 million a year ago. Net income was USD 22.449 million compared to net loss of USD 97.458 million a year ago. Basic earnings per share from continuing operations was USD 0.38 compared to basic loss per share from continuing operations of USD 1.67 a year ago.
Interface, Inc. is a global flooring company. The Company is specializing in carbon neutral carpet tile and resilient flooring, including luxury vinyl tile (LVT), vinyl sheets, and nora rubber flooring. Its segments include Americas (AMS) and Europe, Africa, Asia and Australia (EAAA). The AMS segment includes the United States, Canada and Latin America geographic areas. It markets modular carpet under the brand names Interface and FLOR. It produces carpet tiles in a range of colors, patterns, textures, pile heights and densities. These varieties are designed to meet both the practical and aesthetic needs of commercial interiors. The Company offers a category of products, namely modular resilient flooring, and its product include LVT. It offers rubber flooring products under the noraplan and norament brands, which include in its resilient flooring portfolio. The Company also produces and sells a specially adapted version of carpet tile for the healthcare facilities market.
INTERFACE, INC. 
