Simonne:
In other Interface news, VP John R.
Kellye:
The business earned $263.60 million during the quarter, compared to the consensus estimate of $267.73 million.
Leonia:
Hendrix, Chairman and Chief Executive Officer, Patrick C.
Ulrike:
Interface, Inc. is the world's largest manufacturer of modular carpet, which it markets under the Interface and FLOR brands.
Jamika:
Net Income: Net income during the second quarter of 2015 increased to $21.7 million, or $0.33 per share, compared with net income of $13.1 million, or $0.20 per share, in the second quarter last year.
Enda:
Operating Income: Second quarter 2015 operating income increased to $33.2 million, up 330 basis points to 12.6% of sales, compared with $24.3 million, or 9.3% of sales, in the second quarter last year.
Lauran:
Our sales in the Asia-Pacific region in the second quarter of 2015 were up 4.1% in local currency compared with the prior year period, led mainly by 14% growth in Australia and 6% growth in China, offsetting a 35% decline in Southeast Asia.
Ingrid:
Currency had a $15.7 million negative impact on our 2015 second quarter sales in Europe, resulting in a year over year decline of 6.6% in U.S. dollars.
Karma:
In local currency, our Europe business had the highest growth rate, with sales up 15.7%, mainly due to strength in the U.K., Ireland and Germany.
Casey:
Currency fluctuations negatively impacted 2015 second quarter sales in the Americas by approximately $3.9 million, resulting in a year over year gain of 7.0% in U.S. dollars.
Interface (NASDAQ:TILE)
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