Interface Q4 Sales Rose 3% YOY, Earnings Up 11.3%

Atlanta GA, February 25, 2025-Interface announced Q4 2024 net sales $335 million, up 3.0% year-over-year from $325.1 million.

Net income for Q4 2024 was $21.8 million, an 11.3% increase from Q4 2023’s $19.6 million.

Net sales for fiscal year 2024 totaled $1.316 billion, up 4.3% from 2023’s $1.262 billion.

Net income for 2024 was $86.9 million, a 95.3% increase from 2023’s $44.5 million.

For the Americas, net sales were $205.7 million in Q4 2024, up 9.3% from Q4 2023’s $188.2 million. For 2024, sales in the Americas rose 8.7 from $737 million in 2023 to $800.8 million in 2024.

“We delivered impressive results in 2024, reflecting the early achievements of our One Interface strategy. We saw growth across all product categories, largely driven by continued momentum in the Americas, where our combined selling strategy has exceeded our expectations. Our team has made tremendous progress in advancing strategic initiatives that reduce complexity, improve pricing and mix management, and realize synergies from our global functions. As a result, we significantly expanded gross profit margin and nearly doubled GAAP earnings per diluted share,” commented Laurel Hurd, CEO of Interface.

“We delivered over 4% global net sales growth in 2024 in a challenging macro environment. Global Education billings were up double digits year-over-year, we gained share in Corporate Office, and we positioned our Healthcare segment for future success. Retail billings, although small in total, also contributed to our growth,” continued Hurd.