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Article: Interface Reports Third Quarter 2009 Results.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Interface, Inc. (NASDAQ: IFSIA), a worldwide floorcoverings company and global leader in sustainability, announced results for the third quarter ended October 4, 2009.
Sales for the third quarter of 2009 were $218.4 million, compared with sales of $278.4 million in the third quarter of 2008, a decline of 21.6%. Approximately 3% of the sales decline was related to fluctuations in currency exchange rates relative to the year ago period. On a sequential basis, sales increased 3.3% over sales of $211.3 million in the second quarter of 2009. Operating income for the 2009 third quarter was $18.9 million, or 8.7% of sales, compared with operating income of $31.0 ...