Interface Downgraded by Investment Firm


New York, NY, March 17, 2008– Stifel Nicolaus & Company has downgraded Interface Inc  to “hold,” and reduced estimates for the company.

The company said that a recession in the U.S. is expected to hit the office market and other segments of the company’s business. It expects Interface to face significant challenges in the second half of the year.

Join Our Newsletter

Get the latest flooring industry news delivered weekly.