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Words: | Submitted: Mon Jun 19 2006
... sells carpets and it has been most successful in this since it first opened its creation 1988. You will find my analysis and persuasion to invest your money in Carpetright bellow. Carpetright Analysis Carpetright is the UK's largest carpet retailer, opened its first store in 1988 and decided to float on the Stock Exchange in 1993 at a share price of 148p to help fund a rapid store expansion program and has not looked back since. Both its dividends and earnings per share have risen every year since 1994 bar two years when Carpetright's earnings per share dropped off a little (98/99 - see graph below) and at the time of writing has a market value of £504m. Carpetright still has its original founder at the helm, Lord Harris who currently still owns some 18% of the company worth 90m. Lord Harris has a great amount of industry experience and is ...
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