Interface (TILE) Restructuring Costs (2011 - 2023)

Interface (TILE) posted Restructuring Costs of -$2.6 million for Q3 2023, down 1961.97% on a QoQ basis from $142000.0 in Q2 2023, and down 426.42% year-over-year from $810000.0 in Q3 2022.

Interface (TILE) Restructuring Costs (2011 - 2023) Analysis & Trends

Interface's Restructuring Costs history runs 10 years deep, the most recent figure standing at -$2.6 million for Q3 2023.

  • Quarterly Restructuring Costs fell 426.42% year-over-year to -$2.6 million in Q3 2023, while the trailing twelve-month figure through Mar 2024 was -$2.6 million (down 226.82% YoY) and the FY2023 annual result came in at -$2.5 million, down 227.33% from the prior year.
  • Restructuring Costs was -$2.6 million for Q3 2023 at Interface, down from $142000.0 in the prior quarter.
  • Across five years, Restructuring Costs topped out at $8.8 million in Q4 2019 and bottomed at -$2.6 million in Q3 2023.
  • A 5-year average of $393400.0 and a median of -$105000.0 in 2022 frame the typical range for Restructuring Costs.
  • Annual changes were most pronounced in 2022 — Restructuring Costs surged 1406.45% — and 2023, when it slumped 426.42%.
  • Interface's Restructuring Costs stood at $8.8 million in 2019, then plunged by 121.38% to -$1.9 million in 2020, then jumped by 302.71% to $3.8 million in 2021, then plunged by 102.75% to -$105000.0 in 2022, then sank by 2418.1% to -$2.6 million in 2023.
  • Business Quant data shows TILE's Restructuring Costs at -$2.6 million in Q3 2023, $142000.0 in Q2 2023, and -$1.7 million in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 SharkNinja 20.70 Bn 20.19 Bn 694.97 Mn
2 Somnigroup International 14.48 Bn 14.38 Bn 776.90 Mn
3 Mohawk Industries 6.76 Bn 5.89 Bn 641.90 Mn
4 Alliance Laundry Holdings 4.98 Bn 4.85 Bn 157.19 Mn
5 Hni 2.92 Bn 2.84 Bn 499.90 Mn
6 Whirlpool 2.13 Bn 1.49 Bn 415.00 Mn
7 Interface 1.90 Bn 1.83 Bn 126.72 Mn
8 La-Z-Boy 1.57 Bn 1.28 Bn 262.76 Mn
9 Millerknoll 1.46 Bn 1.36 Bn 395.60 Mn
10 Leggett & Platt 1.45 Bn 936.18 Mn 170.70 Mn

Historic Data

Download Data
DateValue
Jul 2, 2023 -2.64 Mn
Apr 2, 2023 142,000.00
Jan 1, 2023 -1.66 Mn
Oct 2, 2022 -105,000.00
Jul 3, 2022 810,000.00
Apr 3, 2022 887,000.00
Oct 3, 2021 3.81 Mn
Jul 4, 2021 -62,000.00
Apr 4, 2021 -130,000.00
Jan 3, 2021 -1.47 Mn
Oct 4, 2020 -1.88 Mn
Jul 5, 2020 -157,000.00
Apr 5, 2020 -1.12 Mn
Dec 29, 2019 8.80 Mn
Sep 29, 2019 672,000.00
Dec 30, 2018 7.70 Mn
Dec 31, 2017 1,000.00
Apr 2, 2017 7.30 Mn
Jan 1, 2017 19.79 Mn
Sep 28, 2014 12.39 Mn