Here are 1-3 brief analogies to describe Interface (TILE):

• Herman Miller for office floors.
• Sherwin-Williams for commercial flooring.

• Modular Carpet Products: Designs, produces, and sells modular carpets under the Interface and FLOR brand names for various commercial and residential uses.
• Carpet Tiles (GlasBacRE): Special carpet tiles designed for commercial and residential interiors.
• Modular Resilient Flooring: A category of durable and versatile flooring products.
• Rubber Flooring (norament and noraplan): Rubber flooring solutions primarily for commercial spaces.
• Luxury Vinyl Tile (LVT): High-quality vinyl tile products.
• Healthcare-Specific Flooring: Adapted carpet tiles and two-meter roll goods designed for the healthcare market.
• Installation Systems & Adhesives: Includes TacTiles, a carpet tile installation system, and various adhesives.
• Intersept: A proprietary antimicrobial chemical compound sold and licensed for use in interior finishes.
• Carpet Services: Provides carpet replacement, installation, and maintenance services.
• Project Management Services (InterfaceSERVICES): Offers turnkey project management for global accounts and other customers.

Interface, Inc. (symbol: TILE) primarily sells its modular flooring products, including modular carpet, rubber flooring, and luxury vinyl tile, to other companies and institutions (B2B) for commercial and institutional interiors. While the company description does not name specific major customer companies, it identifies the following categories of end-users and channels that constitute its customer base:

• Commercial and Institutional Organizations: This represents the largest segment of Interface's customer base. These organizations utilize Interface's products for a wide array of commercial interiors. Specific sub-categories mentioned include:
  • Offices
  • Healthcare facilities (e.g., hospitals, clinics)
  • Airports
  • Educational institutions (e.g., schools, universities)
  • Hospitality spaces (e.g., hotels, restaurants)
  • Retail facilities (e.g., stores, shopping centers)
  • Government markets
  Interface sells directly to these end-users, including providing turnkey project management services for global accounts.
• Distributors and Independent Contractors: Interface sells its products indirectly through these intermediaries, who then cater to various commercial and residential end-users.
• Residential Consumers: Through its FLOR brand, Interface serves individual consumers, primarily via internet sales, for use in residential interiors.

Laurel M. Hurd, President and Chief Executive Officer

Laurel M. Hurd was appointed President and Chief Executive Officer of Interface, Inc. in April 2022. Prior to joining Interface, she spent the majority of her career at Newell Brands, holding various sales, marketing, research and development, and leadership positions. Her most recent role at Newell Brands was Segment President of the Learning and Development division, where she was responsible for a group of brands generating over $3 billion in revenue in 2021. Hurd brings 30 years of experience in sales management, product development, and brand stewardship from both consumer-packaged goods and consumer durables sectors. She also serves as an independent director on the board of directors for THOR Industries, Inc.

Bruce Andrew Hausmann, Vice President and Chief Financial Officer

Bruce Andrew Hausmann joined Interface as Vice President and Chief Financial Officer in April 2017. Before his tenure at Interface, Hausmann served for eight years at Aramark Corporation, most recently as Senior Vice President and Chief Financial Officer for its Uniform and Refreshment Services business units. Prior to Aramark, he spent seven years at The Walt Disney Company, where he was Vice President and Segment Controller for the Interactive Media Group and played a key role in completing seven acquisitions, predominantly international. Earlier in his career, Hausmann held senior finance positions at four venture-backed technology start-ups in Silicon Valley, where he was instrumental in two companies being acquired and two undergoing initial public offerings, demonstrating a pattern of managing companies backed by private equity and involvement in liquidity events.

James Poppens, Chief Commercial Officer

James Poppens assumed the role of Chief Commercial Officer at Interface in January 2023. In this position, he oversees global sales and services, along with all customer support functions, focusing on globalizing and uniting the commercial aspects of the business. Poppens joined Interface in 2017, initially leading the restructuring of the FLOR business and subsequently serving as Vice President of Corporate Marketing. He brings more than 30 years of experience in marketing, sales, and general management from various industries, including leadership roles at Newell Rubbermaid, Kellogg Company, REI, and The Coca-Cola Company.

David B. Foshee, Vice President, General Counsel & Secretary

David B. Foshee was promoted to Vice President, General Counsel & Secretary of Interface, Inc. in January 2017. He is responsible for overseeing all legal affairs, corporate governance, and supporting the Board of Directors. Foshee began his career at Interface in October 1999 as Associate Counsel and has advanced through several legal positions within the company, including Assistant Secretary, Senior Counsel, Assistant Vice President, and Associate General Counsel. Before joining Interface, he practiced law at an international law firm based in Atlanta.

Lisa King, Chief Innovation Officer

Lisa King serves as the Chief Innovation Officer at Interface, Inc. In this role, she leads efforts related to environmental sustainability and innovation. With nearly three decades of experience, King has held senior marketing and branding leadership roles, C-suite executive positions, and worked as a managing partner/consultant for global consumer products companies. She is also the co-founder and president of Daneli Partners and the author of the book "Just Do YOU."

Addressable Markets for Interface (TILE) Main Products and Services

Interface (TILE) operates within several significant flooring markets globally, with its main products and services addressing substantial market opportunities. Below are the estimated sizes of these addressable markets:

• Modular Carpet Products / Carpet Tiles

  The global carpet tiles market size was approximately USD 15.64 billion in 2024, with projections to reach USD 29.59 billion by 2034, growing at a Compound Annual Growth Rate (CAGR) of 6.1% from 2025 to 2034.

• Modular Resilient Flooring Products

  The global resilient flooring market was estimated at USD 36.2 billion in 2024 and is expected to reach USD 64 billion by 2034, growing at a CAGR of 5.9% from 2025 to 2034.

• Rubber Flooring (norament and noraplan brand names)

  The global rubber flooring market size was valued at approximately USD 5.2 billion in 2024 and is projected to reach USD 8.7 billion by 2033, expanding at a CAGR of 5.9%. Another estimate placed the global rubber floor covering market size at USD 15.24 billion by the end of 2025.

• Luxury Vinyl Tile (LVT) Products

  The global market for Luxury Vinyl Tiles (LVT) Flooring was estimated at US$37.4 Billion in 2024 and is projected to reach US$76.2 Billion by 2030, growing at a CAGR of 12.6% from 2024 to 2030.

• Commercial Flooring Market (overall)

  The global commercial flooring market size was valued at USD 151.38 Billion in 2024 and is poised to grow to USD 230.85 Billion by 2033, with a CAGR of 4.8% during the forecast period (2026–2033). This market encompasses various commercial interiors where Interface's products are used, including offices, healthcare facilities, airports, educational, hospitality, and retail facilities.

• Healthcare Flooring Market

  The global healthcare flooring market size was valued at approximately USD 2.5 billion in 2023 and is projected to reach USD 4.8 billion by 2032, growing at a CAGR of around 7.2%. Another source estimated the market at USD 3.7 billion in 2025, projected to reach USD 6.6 billion by 2035. A higher estimate suggests the global healthcare & hospital flooring market could reach USD 11.87 billion by the end of 2025.

• Education Flooring Market

  The global education flooring market was valued at USD 4.3 Billion in 2024 and is anticipated to reach USD 8.5 Billion by 2033, reflecting a CAGR of 7.3% from 2025 to 2033.

Interface (TILE) anticipates several key drivers of future revenue growth over the next two to three years:

1. Enhanced Commercial Productivity and Cross-Selling through "One Interface" Strategy: The company's "One Interface" strategy is designed to strengthen global capabilities, improve commercial productivity, and simplify operations. This includes integrated selling teams focused on cross-selling its diverse product portfolio (carpet tile, LVT, and nora rubber) to deepen customer relationships and secure more comprehensive flooring projects.
2. Growth in Key Vertical Markets: Interface expects continued robust performance and market share gains in specific end markets, particularly healthcare and education. These sectors experienced significant global billings growth in 2025, driven by ongoing refresh cycles and demand for Interface's design-led, sustainable, and high-performing solutions.
3. New Product Innovation and Portfolio Diversification: A significant growth driver is the launch of new products, such as "noravant," a groundbreaking PVC-free rubber sheet platform targeting the premium vinyl sheet segment, which is expected to begin contributing to revenue in late 2026 and build over time. Additionally, the company is focused on expanding its offerings in luxury vinyl tile (LVT) and nora rubber flooring, thereby increasing its addressable market and providing a more comprehensive resilient flooring portfolio.
4. Strategic Pricing and Manufacturing Efficiencies: While primarily impacting margins, Interface's ability to implement favorable pricing strategies and achieve manufacturing efficiencies is crucial for competitive positioning and sustained revenue growth. These efforts allow the company to offset higher input costs, maintain healthy profitability, and continue investing in growth initiatives.

Capital Allocation Decisions for Interface (TILE) over the Last 3-5 Years:

Share Repurchases

• Interface repurchased $18.2 million of its common stock in fiscal year 2025.
• In the fourth quarter of 2025, the company repurchased $13 million of Interface common stock.
• As of December 28, 2025, Interface completed the repurchase of 2,110,985 shares for $35.31 million under a buyback program initiated on May 17, 2022.

Capital Expenditures

• Capital expenditures were $46.2 million in fiscal year 2025.
• Capital expenditures were $33.8 million in 2024 and $26.1 million in 2023.
• For fiscal year 2026, capital expenditures are projected to increase to approximately $55 million, primarily focused on additional automation and productivity initiatives, including equipment investments for the new "noravant" product line.