Interface, Inc. Reports Sales Guidance for the Fourth Quarter of 2021
November 05, 2021 at 04:09 pm IST
Share
Interface, Inc. reported sales guidance for the fourth quarter of 2021. There continues to be an impact on the global economy due to COVID-19, and a significant, continuing level of disruption in the global supply chain. As the Company continues to monitor this situation, it is anticipating Net sales in the fourth quarter of 2021 of $320 million to $330 million.
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.