Interface Reports Increased Income in Q1

Atlanta, GA, April 27, 2017—Interface reported sales of $221.1 million for Q1 2017, down 0.7% from Q1 2016’s $222.6 million.

Net income for the quarter was $13.2 million, compared to $12.9 million in Q1 2016.

Operating income for the quarter was $15.3 million, which includes a restructuring and asset impairment charge of $7.3 million, primarily for lease exit costs and asset impairments associated with the restructuring of its Flor business.

In the Americas, Interface’s first quarter sales were up 0.5% year-over-year.