Interface Grew Sales by 3.7% YOY in Q3

Atlanta, GA, October 26, 2017-Interface reported net sales were $257.4 million, up 3.7% over Q3 2016’s sales of $248.3 million, on a GAAP basis, with all regions showing improvement during the third quarter.

Net income during the third quarter of 2017 was $19.4 million, or $0.32 per diluted share, an increase over the prior year period net income of $15.9 million, or $0.25 per diluted share.

The company completed an additional $25 million of stock repurchases in the third quarter, executing on the previously announced $100 million share repurchase program.