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Interface Reports Fourth Quarter 2020 Results


Interface Reports Fourth Quarter 2020 Results
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ATLANTA, March 2, 2021 /PRNewswire/ Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the fourth quarter ended January 3, 2021.
Quarterly Highlights:
Strong liquidity of $398 million at quarter end comprised of $103 million in cash and $295 million of availability under the revolving credit facility.
Q4 2020 GAAP earnings per share of $0.33; Q4 2020 adjusted earnings per share of $0.27.
Cash generated by operating activities of $22 million in Q4 2020.
We continued to generate solid cash flow during the fourth quarter, despite operating in a soft demand environment due to the COVID-19 pandemic. We are encouraged by the accelerated pace of vaccinations globally and remain hopeful that people can return to a sense of normalcy, said Dan Hendrix, Chairman an ....

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Interface : Reports Fourth Quarter 2020 Results


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ATLANTA, March 2, 2021 /PRNewswire/ Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the fourth quarter ended January 3, 2021.
Quarterly Highlights:
Strong liquidity of $398 million at quarter end comprised of $103 million in cash and $295 million of availability under the revolving credit facility.
Q4 2020 GAAP earnings per share of $0.33; Q4 2020 adjusted earnings per share of $0.27.
Cash generated by operating activities of $22 million in Q4 2020.
We continued to generate solid cash flow during the fourth quarter, despite operating in a soft demand environment due to the COVID-19 pandemic. We are encouraged by the accelerated pace of vaccinations globally and remain hopeful that people can return to a sense of normalcy, said Dan Hendrix, Chairman and CEO of Interface. Selling activity has increased in recent weeks including a gro ....

United States , Dan Hendrix , Bruce Hausmann , Us Securities Exchange Commission , Interface Inc , Prnewswire Interface Inc , Company Annual Report On Form , European Union , Company Current Report On Form , Effect Of Exchange Rate Changes On Cash , Conference Call , Current Report , Exchange Commission , Climate Take Back , Carbon Neutral Floors , Harbor Statement , Private Securities Litigation Reform Act , Annual Report , Quarterly Reports , Syndicated Credit Facility , Intangible Asset Impairment , Tax Expense , Per Share , Shares Outstanding , Operating Lease , Reconcile Net Income ,