Interface Reports 15% Increase in Orders, 14% Increase in Sales in 1Q
Commercial flooring company Interface announced net sales were up 14% year-over-year for the first quarter of 2022, which ended April 3, 2022.
"We delivered strong first quarter results, with revenue growth of 14%, driven by increasing demand across our portfolio of carbon neutral and carbon negative flooring products," said Dan Hendrix, Chairman of Interface. "Orders in the first quarter increased 15% year-over-year, marking our fourth consecutive quarter of double-digit orders growth. Our team's strong execution, including pricing and productivity gains, helped mitigate supply chain and inflationary headwinds during the quarter."