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News  ›  The Motley Fool

Why One Fund Cut a $4.1 Million Stake Amid Interface’s Blowout $364.5 Million Quarter

The Motley Fool Logo The Motley Fool By Jonathan Ponciano
Why One Fund Cut a $4.1 Million Stake Amid Interface’s Blowout $364.5 Million Quarter

Meros Investment Management sold 259,973 shares of Interface in Q3, reducing its stake by $4.1 million, while the company reported strong quarterly results with 5.9% revenue growth and raised full-year guidance.

Insights
EL   neutral

Mentioned as a new platform user with no specific performance details


TILE   positive

Strong quarterly performance with 5.9% revenue growth, 62.5% EPS surge, raised full-year guidance, and robust cash generation of $76.7 million