Interface raises 2024 net sales outlook after Q2 sales rise 5.2% to $346.6 million
Interface reported second quarter 2024 net sales of $346.6 million, up 5.2% from the prior year, and GAAP diluted earnings per share of $0.38 versus $0.27. The company increased its full fiscal 2024 net sales estimate to $1.30 billion to $1.32 billion, which gives shareholders a higher company-issued sales forecast for the year.
- Q2 2024 net sales $346.6 million, up 5.2% versus $329.6 million a year earlier
- GAAP diluted EPS $0.38 versus $0.27; adjusted diluted EPS $0.40 versus $0.25
- Full-year 2024 net sales outlook of $1.30 billion to $1.32 billion; Q3 2024 net sales outlook of $330 million to $340 million
- Currency neutral orders up 8% year-over-year in Q2 2024