Interface Raised 2024 Net Sales Outlook To $1.30B-$1.32B (Prior$1.29B-$1.31B) Vs. $1.298B Consensus; Sees Adjusted Gross Margin Of ~36.0
Author: Benzinga Newsdesk | August 02, 2024 05:37am
For the full fiscal year 2024:
- Net sales of $1.30 billion to $1.32 billion.
- Adjusted gross profit margin of approximately 36.0%.
- Adjusted SG&A expenses of approximately $342 million.
- Adjusted Interest & Other expenses of approximately $27 million.
- An adjusted effective tax rate for the full year of approximately 27.5%.
- Fully diluted weighted average share count of approximately 58.7 million shares.
- Capital expenditures of approximately $42 million.
Posted In: TILE