Interface Inc. (TILE), a leading modular flooring company, witnessed a pre-market plunge of 8.85% on Wednesday, February 26, 2025, following the release of its Q4 2024 and full-year results. The company reported mixed results, with solid execution of its one interface strategy and strong performance in the Americas region, offset by currency headwinds and a softer macro environment in the EAAA region.

During the earnings call, Interface Inc. highlighted its successful implementation of the one interface strategy, combining the selling teams of Interface and NORA. This approach contributed to a 9% year-over-year increase in currency-neutral net sales in the Americas region for the full year 2024. However, the EAAA region experienced a 2% decline in currency-neutral net sales due to a softer macroeconomic environment.

Despite the challenges, Interface Inc. reported a currency-neutral net sales growth of 4% for the full year 2024, driven by strong performance across all product categories, including carpet tile, LVT, and rubber. The education and healthcare segments were key drivers, benefiting from favorable market trends and the company's positioning in these segments.

In an effort to strengthen its sustainability commitments, Interface Inc. announced its goal to become carbon negative by 2040 without the use of carbon offsets. This move aligns with the company's long-standing focus on sustainability and innovation, aiming to have a direct positive impact on carbon reduction and storage opportunities.

Looking ahead, Interface Inc. provided guidance for Q1 2025 and the full fiscal year 2025, anticipating continued growth and margin expansion. However, the company cautioned that currency translation effects could negatively impact its reported net sales growth rate by approximately 2% in Q1 2025 and 12% for the full fiscal year 2025.