Interface reports Q1 adjusted EPS 24c, consensus 12c

Reports Q1 revenue $289.74M, consensus $285.02M. “We delivered a strong start to the year. First quarter net sales came in at the high end of our guidance with notable strength in the Americas business. Our One Interface strategy is yielding tangible results including reduced complexity, continuous improvement of pricing and mix management, and synergies from the globalization of our core functions. These improvements contributed to significant profitability expansion in the first quarter,” commented Laurel Hurd, CEO of Interface.