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| Date | Value |
|---|---|
| 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 |