Interface, Inc. (TILE) is the world's largest manufacturer of modular carpet (also known as carpet tile). Over the past six months, every major flooring company has commented on a significant shift by businesses and consumers towards carpet tile. After researching the company, not only will TILE be the largest beneficiary of this shift, it will also benefit from several company-specific catalysts including:
- Entry into the high-end US retail market - the company is building out a retail footprint in the US. The company had no retail presence before this move, creating the opportunity for market share gains as retail preferences shift to carpet tile. Also, the new retail segment recently reached profitability.
- TILE is highly leveraged to the