E FACE IN BOOK TO THE CO 直播 南昌 南昌 鹿島 | 葡萄 葡萄 日喀 日田 Interface® Investor Presentation AUGUST 6, 2021 oring the seen and the sent of the seen of the seen of the seen and the sent of the seen and the sent of the sent of the seen and the series of the services of the series o Forward Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements, including, in particular, statements about Interface's plans, strategies and prospects. These are based on the Company's current assumpt ...

Financial Data and Key Metrics Changes - In Q2 2021, sales totaled $295 million, an increase of 13.6% from the prior year, with organic sales up 8.5% [17] - Adjusted gross profit margin for Q2 was 37.5%, slightly below expectations due to raw material shortages and higher costs [18] - Adjusted operating income was $31.1 million, compared to $27.5 million in the same quarter last year [20] - Adjusted net income for Q2 was $17.6 million, or $0.30 per diluted share [20] - Liquidity at the end of the quarter was $401 million, with $102 million in cash and $298 million in borrowing availability [21] Business Line Data and Key Metrics Changes - Sales in the Americas increased by 3.6%, primarily driven by LVT, while EAAA sales rose by 27.6% across all product categories [18] - The dealer discretionary market is gaining traction, particularly with Open Air products and LVT [13][14] - The K-12 education sector is experiencing a surge in new projects due to federal stimulus, leading to increased flooring upgrades [13] Market Data and Key Metrics Changes - Orders increased by 38% year-over-year and 21% sequentially, with Americas orders up 35% and EAAA up 43% [9] - The company noted strong recovery signs in the Americas, parts of Europe, and Asia Pacific, particularly in China and Australia [8][10] - The ongoing pandemic continues to present challenges, including rising COVID cases and supply chain disruptions [10] Company Strategy and Development Direction - The company is focusing on its carbon-negative product line, which is gaining market recognition and aligns with global carbon reduction commitments [14][15] - There is a strong pipeline of new products being rolled out across various categories, including carpet tile, LVT, and rubber [16] - The company is preparing for NeoCon, showcasing new products that reflect biophilic design trends [16] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about continued recovery as vaccinations expand globally, despite potential challenges from the Delta variant [24] - Anticipated raw material cost increases and labor challenges are expected in the latter half of 2021 [25] - The company expects Q3 2021 net sales between $310 million and $320 million, with adjusted gross profit percentage projected at 36% to 37% [26] Other Important Information - The company generated $10.3 million in cash from operations in Q2 2021, with a year-to-date total of $35 million [21] - Inventory decreased by $6 million or 2% year-over-year, with finished goods carpet inventory down 5% [22] - The company is committed to debt reduction, with a net leverage ratio of 3.1 times at the end of Q2 [22][23] Q&A Session Summary Question: Are the orders more short cycle renovation jobs or longer-term construction? - Management indicated that most orders are renovation work, which constitutes 80% of the business, but there are also new construction projects, particularly on the West Coast [34] Question: Is the growth in orders more towards the US or outside the US? - Management noted a mix, with strong momentum in both the US and certain European markets [35] Question: Is debt reduction still the primary goal of cash flow? - Yes, debt reduction remains the top capital allocation priority, with a focus on getting the leverage ratio below 2.5 before considering dividends [36][38] Question: Can you discuss gross margins and the impact of inflation? - Management acknowledged challenges in passing through all cost increases to customers, anticipating some pressure on gross profit margins in the second half of the year [42][45] Question: What is the outlook for the dealer channel? - Management reported success in the dealer channel, particularly with the Open Air product, which is seeing strong demand [49] Question: How is inventory being managed with the dealer channel expansion? - The dealer program operates on a make-to-order basis, minimizing inventory conflicts [50] Question: What is the expected SG&A trend moving forward? - Management aims for SG&A to reach 26% of net sales, driven by top-line growth [79] Question: What is the product mix and market performance? - The product mix remains similar, with notable strength in K-12 education and corporate markets, particularly in Europe [73][75]

For Quarterly Period Ended April 04, 2021 Commission File Number 001-33994 Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 (Registrant's telephone number, including area code) Securities Registered Pursuant to Section 12(b) of the Act: | Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | | --- | --- | --- | | Common Stock, $0.10 Par ...

NIA NA BE GB T . 高血 南昌 南昌 南昌 | 易纲 易恩 日辰 日田 Interface® Investor Presentation MAY 7, 2021 or of 191 Forward Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements, including, in particular, statements about Interface's plans, strategies and prospects. These are based on the Company's current assumptions, expectations and projections about future events. Although Interface believes that the expectations reflected in these forward-looking statements are reasonable, the Co ...

Interface, Inc. (NASDAQ:TILE) Q1 2021 Earnings Conference Call May 7, 2021 8:00 AM ET Company Participants Christine Needles - Global Head, Corporate Communications Daniel Hendrix - President & CEO Bruce Hausmann - VP, CFO & Treasurer Conference Call Participants Brian Biros - Thompson Research Group Keith Hughes - Truist Securities Operator Good day and thank you for standing by. Welcome to the Q1 2021 Interface, Inc. Earnings Conference Call. [Operator Instructions]. I would now like to hand the conferenc ...

Financial Performance - Consolidated net sales for 2020 were $1,103.3 million, a decline of 17.9% compared to $1,343.0 million in 2019, primarily due to the impacts of COVID-19 [127]. - The operating loss for 2020 was $39.3 million, compared to operating income of $130.9 million in 2019, with a net loss of $71.9 million or $1.23 per share [133]. - The company reported a net loss of $71,929 for 2020, compared to a net income of $79,200 in 2019 [228]. - Gross profit on sales for 2020 was $410,574, down from $532,967 in 2019, reflecting a gross margin decline [228]. - Cash provided by operating activities was $119.1 million for 2020, a decrease of $22.7 million compared to 2019, primarily due to lower net income from COVID-19 impacts [189]. - Cash provided by operating activities was $119.1 million in 2020, down from $141.8 million in 2019, indicating a decrease of approximately 16% [235]. Regional Sales Performance - The Americas region experienced a sales decline of 21.6% in 2020, with significant decreases in corporate office (down 33.8%) and retail (down 34.8%) market segments [147]. - Net sales in the Asia-Pacific region decreased by 17.7% in 2020, reflecting the impact of government shutdowns and reduced demand [146]. - Net sales in Europe decreased by 10.7% in U.S. dollars and 12.5% in local currency, with significant declines in corporate office (down 18.0%), hospitality (down 47.5%), and public buildings (down 14.2%) segments [148]. - In the Asia-Pacific region, net sales decreased by 17.7%, with the corporate office segment down 21.4% and retail down 43.2% [149]. - Revenue distribution by geography for 2020: Americas 53.8%, Europe 31.8%, Asia-Pacific 14.4% [289]. Cost Management and Savings - The company recorded $12.9 million in severance costs during 2020, with anticipated future annualized savings of approximately $15 million from these initiatives [127]. - The company implemented various cost-cutting initiatives, including reductions in labor costs and marketing expenses, to mitigate the effects of COVID-19 [127]. - The restructuring plan initiated in December 2019 is expected to yield annualized savings of approximately $6.0 million, with a pre-tax restructuring charge of $9.0 million recorded [136]. - SG&A expenses for 2020 decreased by $55.9 million (14.4%) versus 2019, with a significant portion attributed to lower selling expenses due to reduced net sales [156]. - The company implemented cost reduction initiatives in 2020, including temporary employee furloughs and suspension of merit-based salary increases [194]. Debt and Financing - As of January 3, 2021, the company had $285.2 million of borrowings outstanding under its Syndicated Credit Facility, with additional borrowing capacity of $295.4 million [165]. - The Company issued $300 million aggregate principal amount of 5.50% Senior Notes due 2028, using the net proceeds to repay $290.7 million of outstanding term and revolving loan borrowings [183]. - Total contractual cash obligations amount to $940.1 million, with long-term debt obligations of $585.2 million and expected interest payments of $160.3 million [191]. - The Company anticipates remaining in compliance with all covenants under the Facility for the foreseeable future [181]. - The Company is required to maintain a Consolidated Secured Net Leverage Ratio of no greater than 3.00:1.00 and a Consolidated Interest Coverage Ratio of no less than 2.25:1.00 [316]. Asset and Equity Changes - Total assets decreased from $1,423,049 in 2019 to $1,306,011 in 2020 [232]. - Total liabilities decreased from $1,054,847 in 2019 to $979,473 in 2020 [232]. - Shareholders' equity decreased from $368,202 in 2019 to $326,538 in 2020 [232]. - The company had state net operating loss carryforwards of $142.7 million as of January 3, 2021, with certain amounts reserved due to uncertainty in utilization [201]. Inventory and Reserves - The inventory reserve was $35.0 million as of January 3, 2021, and a 10% difference in actual obsolescence could impact net income by approximately $3.2 million [206]. - Total inventories decreased from $253.6 million in 2019 to $228.7 million in 2020 [296]. - Reserves for inventory obsolescence increased from $28.3 million in 2019 to $35.0 million in 2021 [296]. - Warranty and sales allowance reserves amounted to $3.2 million and $3.9 million as of January 3, 2021 and December 29, 2019, respectively [267]. Tax and Compliance - The company recorded an income tax benefit of $7.5 million on a pre-tax loss of $79.4 million for the year ended January 3, 2021, resulting in an effective tax rate of 9.4% [160]. - The Company recorded a valuation allowance to reduce its deferred tax assets when it is more likely than not that some portion or all of the deferred tax assets will expire before realization [269]. Other Financial Metrics - Research and development expenses increased to $18.6 million in 2020 from $17.8 million in 2019, reflecting a growth of about 4.5% [252]. - The Company capitalized net interest costs on qualifying expenditures of approximately $1.9 million, $2.1 million, and $0.7 million for the fiscal years 2020, 2019, and 2018 respectively [262]. - Depreciation expense amounted to approximately $42.4 million, $41.5 million, and $37.6 million for the years 2020, 2019, and 2018 respectively [262]. - The Company recognized a loss on extinguishment of debt of $3.6 million in the consolidated statement of operations [307].

Interface, Inc. (NASDAQ:TILE) Q4 2020 Earnings Conference Call March 2, 2021 8:00 AM ET Company Participants Christine Needles - Global Corporate Communications Dan Hendrix - President and Chief Executive Officer Bruce Hausmann - Vice President and Chief Financial Officer Conference Call Participants Kathryn Thompson - Thompson Research David MacGregor - Longbow Research Operator Ladies and gentlemen, thank you for standing by and welcome to the Q4 and Fiscal Year 2020 Interface, Inc. Earnings Conference Ca ...

BE BE BE T E FACE EN FOR ST 海峡 南南 南昌 唐山 最近 易恩 日星 日日 Interface® Investor Presentation MARCH 2, 2021 Forward Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements, including, in particular, statements about Interface's plans, strategies and prospects. These are based on the Company's current assumptions, expectations and projections about future events. Although Interface believes that the expectations reflected in these forward-looking statements are reasonable, the C ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For Quarterly Period Ended October 04, 2020 Commission File Number 001-33994 INTERFACE INC (Exact name of registrant as specified in its charter) Georgia 58-1451243 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 1280 West Peachtree Street, Atlanta, Georgia 30309 (Addre ...

Interface, Inc. (NASDAQ:TILE) Q3 2020 Earnings Conference Call November 6, 2020 8:00 AM ET Company Participants Christine Needles - Global Corporate Communications Dan Hendrix - President & CEO Bruce Hausmann - VP & CFO Conference Call Participants Brian Biros - Thompson Research Group Keith Hughes - Truist Securities David MacGregor - Longbow Research Operator Ladies and gentlemen, thank you for standing by and welcome to the Q3 2020 Interface, Inc. Earnings Conference Call. At this time all participants a ...