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Interface Reports First Quarter 2021 Results


Interface Reports First Quarter 2021 Results
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ATLANTA, May 7, 2021 /PRNewswire/ Interface, Inc. (Nasdaq: TILE), a worldwide commercial flooring company and global leader in sustainability, today announced results for the first quarter ended April 4, 2021.
Quarterly Highlights:
Orders increased 11% from Q4 2020 to Q1 2021.
Strong liquidity of $405 million at quarter end comprised of $107 million in cash and $298 million of availability under the revolving credit facility.
Cash generated by operating activities of $25 million in Q1 2021.
We delivered solid results for the first quarter 2021 benefiting from our reduced cost structure and a currency tailwind. The dynamic market environment is beginning to show tangible signs of recovery, including an 11% sequential increase in orders, primarily driven by rising demand in the Americas and parts of Europe and APAC, commented Dan Hendrix, Cha ....

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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 ....

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Hershey Reports Fourth-Quarter and Full-Year 2020 Financial Results; Provides 2021 Outlook


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HERSHEY, Pa., Feb. 4, 2021 /PRNewswire/ The Hershey Company (NYSE: HSY) today announced net sales and earnings for the fourth quarter and full year ended December 31, 2020.
2020 was a year of unexpected challenges and hardship, but also one that brought opportunity, resilience and compassion.  We are proud to be an important part of comfort and connection in people s lives.  Our portfolio of beloved brands remains extremely relevant with consumers, and our dedicated team, advantaged capabilities and operational excellence allowed us to help create many moments of goodness for them during these unprecedented times, said Michele Buck, The Hershey Company President and Chief Executive Officer.  We delivered a strong quarter with continued share gains and volume growth to finish the year.   While the impact of key external factors on our business remains uncertain, we have good momentum going into 2021 with visibility into a ....

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