Consumer spending rose in July, driven by higher spending on a wide variety of goods and services, indicating that the economy is growing at a solid pace. The increase in spending was also prompted by a rise in personal income and wages. Given this situation, it would be ideal to invest in consumer discretionary stocks like Interface, Inc. (TILE) , Reservoir Media, Inc. (RSVR) , Stride, Inc. (LRN) , Kontoor Brands, Inc. (KTB) and Royal Caribbean Cruises Ltd. (RCL) . Consumer Spending, Personal Income Rise O ...

Interface, Inc. (TILE) introduced two new carpet tile styles, Knitstitch and Breakout. These tiles feature classic woven and geometric grid patterns. Designed for large commercial spaces, the latest offerings enhance Interface's flooring collection with innovative design and manufacturing at a competitive price. TILE continues to address the needs of productive spaces with its new carpet tile styles. These options add depth and movement to commercial environments, aligning with current design trends and pra ...

Have you been paying attention to shares of Interface (TILE) ? Shares have been on the move with the stock up 8.2% over the past month. The stock hit a new 52-week high of $18.85 in the previous session. Interface has gained 49.1% since the start of the year compared to the 0.4% move for the Zacks Consumer Discretionary sector and the 50.1% return for the Zacks Textile - Home Furnishing industry. What's Driving the Outperformance? The stock has a great record of positive earnings surprises, as it hasn't mis ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Interface (TILE) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this carpet tile company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate rev ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________ Form 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-33994 INTERFACE INC (Exact name of registrant as specified in its charter) | --- | --- | --- | |----------------------------------------------------------------- ...

Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potent ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Inv ...

Interface, Inc. (NASDAQ:TILE) Q2 2024 Earnings Conference Call August 2, 2024 8:00 AM ET Company Participants Christine Needles - Corporate Communications Laurel Hurd - President & CEO Bruce Hausmann - VP & CFO Conference Call Participants Kathryn Thompson - Thompson Research Group Alexander Paris - Barrington Research David MacGregor - Longbow Research Operator Thank you for standing by. My name is Bailey, and I will be your conference operator today. At this time, I would like to welcome everyone to the S ...