earnings
confidence high
sentiment positive
materiality 0.75
Interface reports FY2024 GAAP EPS $1.48, nearly double prior year; provides FY2025 guidance
INTERFACE INC
2024-FY EPS reported
$1.48
revenue$1,315,658,000
- FY2024 GAAP EPS $1.48 (up 94.7% YoY); adjusted EPS $1.46 (up 46% YoY).
- Net sales $1.316B, +4.3% YoY; Q4 net sales $335M, +3.0% YoY.
- AMS segment net sales up 8.7% for year; EAAA segment down 1.8%.
- Generated $148M cash from operations; repaid $115M debt; net leverage 1.1x.
- FY2025 outlook: revenue $1.315-1.365B; adjusted gross margin 37.2-37.4%.