Interface, Inc. Provides Sales Guidance for the Second Quarter and Full Fiscal Year 2023
May 05, 2023 at 03:00 pm IST
Share
Interface, Inc. provided sales guidance for the second quarter and full fiscal year 2023. For the quarter, the company expects net sales of $325 million to $345 million.
For the year, the company expects Year-over-year net sales growth of 0% to 3%, updated from prior guidance of 1% to 5%.
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. 
