Brief: Interface Reports Q1 Earnings Per Share Of $0.25

Interface

25/04/2018 21:08

April 25 (Reuters) - Interface Inc  TILE.O :
    * INTERFACE REPORTS FIRST QUARTER 2018 RESULTS
    * Q1 EARNINGS PER SHARE $0.25
    * Q1 SALES $241 MILLION VERSUS I/B/E/S VIEW $234.6 MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.23 -- THOMSON REUTERS
I/B/E/S
    * INTERFACE - QTRLY ORGANIC ORDERS, WHICH EXCLUDES IMPACT OF
FOREIGN CURRENCY FLUCTUATIONS AND EXITING FLOR SPECIALTY RETAIL,
WERE UP 12% YEAR OVER YEAR
    * REAFFIRMS IT IS TARGETING TO ACHIEVE 3 - 5% ORGANIC SALES
GROWTH, GROSS PROFIT MARGIN OF 39 - 39.5% IN FY 2018
    * INTERFACE  - CONTINUES TO EXPECT ITS STRONGEST OPERATING
INCOME
GROWTH IN Q2 AND Q3 OF 2018, WITH SOFTER GROWTH IN Q1 AND Q4

Source text for Eikon:  ID:nPn841y44a 
Further company coverage:  TILE.O 

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