Interface announced sales were up 12% year over year for the third quarter ending October 3, 2021.
"We delivered solid results this quarter, growing sales 12% year over year, while generating $29 million of cash from operating activities and paying down debt to reach pre-pandemic leverage," said Dan Hendrix, chairman and CEO of Interface. "Order momentum continued, increasing 24% year over year, reflecting a 34% increase in the Americas region and a 12% increase in our EAAA region. Demand for our carbon neutral and carbon negative products continues to build, and we are proud to announce that we have transitioned our European carpet tile backing entirely to CQuest Bio, removing petroleum-based bitumen in favor of bio-based materials and recycled fillers."