Interface Inc. Files 8-K on Financials
Ticker: TILE · Form: 8-K · Filed: Aug 2, 2024 · CIK: 715787
| Field | Detail |
|---|---|
| Company | Interface Inc (TILE) |
| Form Type | 8-K |
| Filed Date | Aug 2, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, sec-filing
TL;DR
Interface Inc. dropped an 8-K, check it for financial updates.
AI Summary
Interface Inc. filed an 8-K on August 2, 2024, reporting on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements and exhibits. No specific financial figures or operational details were provided in the initial header information.
Why It Matters
This filing indicates Interface Inc. is providing updates on its financial performance and operational status to the SEC, which is important for investors to monitor.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for reporting financial information and does not inherently indicate new risks.
Key Players & Entities
- Interface Inc. (company) — Filer of the 8-K
- August 2, 2024 (date) — Date of the earliest event reported
FAQ
What specific financial results are being reported by Interface Inc. in this 8-K?
The provided header information for the 8-K filing does not contain specific financial results; it only indicates that the report pertains to 'Results of Operations and Financial Condition'.
What is the significance of an 8-K filing for Interface Inc.?
An 8-K filing is a report of unscheduled material events or corporate changes that could be of importance to shareholders and the SEC, in this case, related to financial condition and operations.
When was this 8-K filing submitted?
The filing was submitted on August 2, 2024.
What other items are included in this 8-K filing besides financial results?
The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.
What industry does Interface Inc. operate in?
Interface Inc. operates in the 'CARPETS AND RUGS' industry, with SIC code 2273.
Filing Stats: 1,040 words · 4 min read · ~3 pages · Grade level 12.9 · Accepted 2024-08-02 06:37:21
Key Financial Figures
- $0.10 — ange on Which Registered Common Stock, $0.10 Par Value Per Share TILE Nasdaq Global
Filing Documents
- tile-20240802.htm (8-K) — 39KB
- a991pressreleaseq22024.htm (EX-99.1) — 428KB
- investorpresentationq2fy.htm (EX-99.2) — 27KB
- image.jpg (GRAPHIC) — 4KB
- investorpresentationq2fy001.jpg (GRAPHIC) — 136KB
- investorpresentationq2fy002.jpg (GRAPHIC) — 192KB
- investorpresentationq2fy003.jpg (GRAPHIC) — 111KB
- investorpresentationq2fy004.jpg (GRAPHIC) — 132KB
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- investorpresentationq2fy006.jpg (GRAPHIC) — 116KB
- investorpresentationq2fy007.jpg (GRAPHIC) — 139KB
- investorpresentationq2fy008.jpg (GRAPHIC) — 31KB
- investorpresentationq2fy009.jpg (GRAPHIC) — 118KB
- investorpresentationq2fy010.jpg (GRAPHIC) — 90KB
- investorpresentationq2fy011.jpg (GRAPHIC) — 91KB
- investorpresentationq2fy012.jpg (GRAPHIC) — 83KB
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- investorpresentationq2fy014.jpg (GRAPHIC) — 145KB
- investorpresentationq2fy015.jpg (GRAPHIC) — 115KB
- investorpresentationq2fy016.jpg (GRAPHIC) — 31KB
- investorpresentationq2fy017.jpg (GRAPHIC) — 75KB
- investorpresentationq2fy018.jpg (GRAPHIC) — 75KB
- investorpresentationq2fy019.jpg (GRAPHIC) — 74KB
- investorpresentationq2fy020.jpg (GRAPHIC) — 68KB
- investorpresentationq2fy021.jpg (GRAPHIC) — 109KB
- investorpresentationq2fy022.jpg (GRAPHIC) — 28KB
- investorpresentationq2fy023.jpg (GRAPHIC) — 77KB
- investorpresentationq2fy024.jpg (GRAPHIC) — 93KB
- investorpresentationq2fy025.jpg (GRAPHIC) — 98KB
- 0000715787-24-000025.txt ( ) — 3954KB
- tile-20240802.xsd (EX-101.SCH) — 2KB
- tile-20240802_lab.xml (EX-101.LAB) — 21KB
- tile-20240802_pre.xml (EX-101.PRE) — 12KB
- tile-20240802_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On August 2, 2024, Interface, Inc. (the "Company") issued a press release reporting its financial results for the second quarter of 2024 (the "Earnings Release"). A copy of the Earnings Release is included as Exhibit 99.1 hereto and hereby incorporated by reference. The information set forth in this Item 2.02, including the exhibit hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing. Non-GAAP Financial Measures in the Earnings Release The Earnings Release includes, as additional information for investors, the Company's adjusted earnings per share, adjusted net income, adjusted operating income ("AOI"), adjusted gross profit, adjusted gross profit margin, adjusted selling, general and administrative ("SG&A") expenses, currency neutral sales and currency neutral sales growth, net debt, and adjusted earnings before interest, taxes, depreciation and amortization ("EBITDA"). These measures are not in accordance with financial measures calculated in accordance with generally accepted accounting principles in the United States ("GAAP") and may be different from similarly titled non-GAAP financial measures used by other companies. Non-GAAP financial measures should not be used as a substitute for, or considered superior to, GAAP financial measures. Adjusted EPS, adjusted net income, and AOI exclude nora purchase accounting amortization, the cyber event impact , and restructuring, asset impairment, severance, and other, net. Adjusted EPS and adjusted net income also exclude the property casualty loss impact and the loss on the discontinuance of interest rate swaps. Adjusted gross profit and adjusted gross profit margin exclude nora purchase accounting amortization. Adjusted SG&A expenses excl
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure Management of Interface, Inc. (the "Company") has updated the slide presentation which may be used in whole or in part in meetings with and presentations to investors and potential investors. A copy of the slide presentation is attached as Exhibit 99.2. The information furnished pursuant to this Item 7.01, including Exhibit 99.2, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press Release of Interface, Inc., dated August 2, 2024, reporting its financial results for the second quarter of 2024 (furnished pursuant to Item 2.02 of this Report). 99.2 Interface Inc. slide presentation dated August 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. INTERFACE, INC. By: /s/ Bruce A. Hausmann Bruce A. Hausmann Chief Financial Officer Date: August 2, 2024