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Interface raises FY24 revenue view to $1.3B-$1.32B from $1.29B-$1.31B

Consensus $1.3B. Sees FY24 adjusted effective tax rate 27.5%. Sees FY24 capital expenditures $42M. The company said, “With strong orders and a strong backlog, Interface is increasing its full fiscal year net sales estimate, continues to expect a year-over-year increase in adjusted gross profit margins this fiscal year.”

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