Tile Shop Holdings

Tile Shop Holdings, Inc. operates as a holding company. It engages in retailing of natural stone and man-made tiles. The company was founded by Robert A. Rucker on June 27, 2012 and is headquartered in Plymouth, MN.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Tile Shop Holdings achieves record revenue in 2022 amidst challenges

Tile Shop Holdings navigated challenges in Q4 to achieve record annual revenue in 2022. The company is focused on operational excellence, debt reduction, and product innovation to drive future growth.
Despite facing macro headwinds and supply chain challenges, Tile Shop Holdings remains optimistic about growth opportunities. The company's financial performance in Q4 reflects resilience and strategic decision-making.
Investors should monitor the company's progress in opening new stores, reducing debt, and sustaining sales improvements. Tile Shop Holdings' ability to adapt to market conditions and drive operational efficiencies will be key to long-term success.

Tile Shop Holdings reports flat Q1 sales amidst macro challenges

Tile Shop Holdings navigated challenging macro conditions in Q1 2023, reporting flat comparable store sales but making progress in retail excellence goals.
Despite a decrease in gross margin rate, the company generated positive net income and adjusted EBITDA, showcasing operational efficiency.
With a focus on reducing debt and optimizing product mix, Tile Shop Holdings aims to enhance financial stability and shareholder value amidst ongoing headwinds.

Tile Shop Holdings (TTSH) adapts to challenges, focuses on growth

Tile Shop Holdings (TTSH) navigated challenges from macro headwinds with a focus on improving customer reach and product offerings.
Despite a decrease in comparable store sales, the company demonstrated financial resilience by maintaining a strong balance sheet and reducing debt.
Growth in e-commerce and pro sales, along with store expansion plans, indicate a strategic approach to drive future growth.
Addressing operational challenges and leveraging opportunities in product assortment and market expansion are key focus areas for sustained success.

Tile Shop Holdings adapts to macro challenges, sees progress in cost management and e-commerce growth

Tile Shop Holdings navigated challenges in the macro environment by making strategic changes to drive progress in various areas. Despite facing sales declines at comparable stores, the company saw improvements in average ticket value and cost management. Opportunities exist in further enhancing product offerings, expanding services, and leveraging e-commerce for continued growth.

Tile Shop Holdings pays off debt, focuses on customer growth

Tile Shop Holdings showcased financial strength by paying off all debt in 2023 and generating positive operating cash flow, setting a solid foundation for future growth.
Despite challenges in Q4, the company's focus on customer-centric initiatives and margin expansion strategies position it well to navigate industry headwinds.
Efforts to lower inventory costs, enhance the e-commerce platform, and optimize store growth strategies demonstrate a proactive approach to driving profitability.
Balancing cost management with strategic investments in customer engagement and product innovation will be key for Tile Shop Holdings to capitalize on growth opportunities.

Tile Shop Holdings reports Q1 challenges, eyes e-commerce growth

Tile Shop Holdings (TTSH) navigated challenges in existing home sales but showcased resilience through strong e-commerce growth and strategic product offerings. Financially stable with no debt and a healthy inventory position, TTSH is focused on managing expenses and seizing opportunities in e-commerce and product expansion. Addressing challenges in sales and gross margin rates remains a priority for sustained growth.

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Tile Shop's revenue outlook has improved following the opening of its new store in Colorado and the good sales performance of luxury vinyl tiles. TTSH's operating margin is expected to improve meaningfully by next year, as its inventory purchasing costs decline with the improvement in the supply chain environment. My rating for TTSH stock is changed to a Buy, considering positive developments in recent times.

Tile Shop: Things Are Getting Better (Rating Upgrade)

Tile Shop Holdings, Inc. (NASDAQ:TTSH ) Q2 2023 Results Earnings Conference Call August 7, 2023 9:00 AM ET Company Participants Mark Davis - Vice President, Investor Relations and Chief Accounting Officer Cabell Lolmaugh - President and Chief Executive Officer Karla Lunan - Senior Vice President and Chief Financial Officer Conference Call Participants Mark Smith - Lake Street Capital Markets Operator Good day. And thank you for standing by.

Tile Shop Holdings, Inc. (TTSH) Q2 2023 Earnings Call Transcript

MINNEAPOLIS, Aug. 03, 2023 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone, man-made and luxury vinyl tiles, today announced results for its second quarter ended June 30, 2023.

The Tile Shop Reports Second Quarter 2023 Results

MINNEAPOLIS, July 27, 2023 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone, man-made and luxury vinyl tiles, setting and maintenance materials and related accessories, today announced that the Company will release financial results for the second quarter ended June 30, 2023 at 7:00 a.m. Eastern Time on Thursday, August 3, 2023.

The Tile Shop to Host Second Quarter 2023 Earnings Conference Call

New location offers homeowners and trade professionals over 6,000 tile and stone products and design expertise New location offers homeowners and trade professionals over 6,000 tile and stone products and design expertise

The Tile Shop opens new location in Colorado Springs, the 5th store in the Colorado market

Tile Shop Holdings, Inc. (NASDAQ:TTSH ) Q1 2023 Results Conference Call May 4, 2023 9:00 AM ET Company Participants Mark Davis - Vice President of Investor Relations & Chief Accounting Officer Cab Lolmaugh - Chief Executive Officer Karla Lunan - Chief Financial Officer Operator Good day, and thank you for standing by. Welcome to the Q1 Tile Shop Holdings, Inc. Earnings Conference Call.

Tile Shop Holdings, Inc. (TTSH) Q1 2023 Earnings Call Transcript

MINNEAPOLIS, May 04, 2023 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced results for its first quarter ended March 31, 2023.

The Tile Shop Reports First Quarter 2023 Results

Tile Shop trades at a significant discount to comps following events unrelated to underlying business operations. Based on the comp set currently, there is almost 3x upside potential in Tile Shop from re-rating to peers.

Tile Shop: A Mispriced Security

MINNEAPOLIS, April 27, 2023 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials and related accessories, today announced that the Company will release financial results for the first quarter ended March 31, 2023 at 7:00 a.m. Eastern Time on Thursday, May 4, 2023.

The Tile Shop to Host First Quarter 2023 Earnings Conference Call

MINNEAPOLIS, March 10, 2023 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced Karla Lunan, Chief Financial Officer, and Mark Davis, Vice President of Investor Relations and Chief Accounting Officer, will participate in the Loop Capital Markets Investor Conference on March 14, 2023 and the UBS Global Consumer Retail Conference on March 16, 2023.

The Tile Shop to Participate in the Loop Capital Markets and UBS Global Consumer Retail Conferences

Tile Shop Holdings, Inc. (NASDAQ:TTSH ) Q4 2022 Earnings Conference Call March 2, 2023 9:00 AM ET Company Participants Mark Davis - Vice President of Investor Relations & Chief Accounting Officer Cab Lolmaugh - Chief Executive Officer Karla Lunan - Chief Financial Officer Conference Call Participants Mark Smith - Lake Street Operator Good day and thank you for standing by. Welcome to the Fourth Quarter 2022 Tile Shop Holdings Earnings Conference Call.

Tile Shop Holdings, Inc. (TTSH) Q4 2022 Earnings Call Transcript

MINNEAPOLIS, March 02, 2023 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced results for its fourth quarter ended December 31, 2022.

The Tile Shop Reports Fourth Quarter and Full-Year 2022 Results

MINNEAPOLIS, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials and related accessories, today announced that the Company will release financial results for the fourth quarter ended December 31, 2022 at 7:00 a.m. Eastern Time on Thursday, March 2, 2023.

The Tile Shop to Host Fourth Quarter 2022 Earnings Conference Call

Tile Shop Holdings, Inc. (NASDAQ:TTSH ) Q3 2022 Earnings Conference Call November 3, 2022 9:00 AM ET Company Participants Mark Davis - Vice President, Investor Relations & Chief Accounting Officer Cab Lolmaugh - Chief Executive Officer Karla Lunan - Chief Financial Officer Conference Call Participants Connor Jensen - Lake Street Dave Kanen - Kanen Wealth Management Operator Good day, and thank you for standing by. Welcome to the Q3 2022 Tile Shop Holdings Inc. Earnings Conference Call.

Tile Shop Holdings, Inc. (TTSH) Q3 2022 Earnings Call Transcript

MINNEAPOLIS, Nov. 03, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced results for its third quarter ended September 30, 2022.

The Tile Shop Reports Third Quarter 2022 Results

MINNEAPOLIS, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials and related accessories, today announced that the Company will release financial results for the third quarter ended September 30, 2022 at 7:00 a.m. Eastern Time on Thursday, November 3, 2022.

The Tile Shop to Host Third Quarter 2022 Earnings Conference Call

MINNEAPOLIS, Aug. 16, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials and related accessories, today announced that the Company's Board of Directors has authorized a share repurchase program pursuant to which the Company may purchase shares of its common stock for an aggregate repurchase price not to exceed $30 million. After review and consideration of capital allocation alternatives with its financial advisor, the Independent Transaction Committee of the Board has unanimously recommended that the Board approve the $30 million share repurchase program, and the members of the Board have unanimously approved this recommendation.

The Tile Shop Announces $30 Million Share Repurchase Authorization

Tile Shop Holdings, Inc. (NASDAQ:TTSH ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Mark Davis - Vice President of Investor Relations and Chief Accounting Officer Cabell Lolmaugh - Chief Executive Officer Karla Lunan - Chief Financial Officer Conference Call Participants David Kanen - Kanen Wealth Management LLC Operator Good day, and welcome to the Second Quarter 2022 Tile Shop Holdings, Inc. Earnings Conference Call. All participants will be in a listen-only mode.

Tile Shop Holdings, Inc. (TTSH) CEO Cabell Lolmaugh on Q2 2022 Results - Earnings Call Transcript

MINNEAPOLIS, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced results for its second quarter ended June 30, 2022.

The Tile Shop Reports Second Quarter 2022 Results

MINNEAPOLIS, July 28, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, setting and maintenance materials and related accessories, today announced that the Company will release financial results for the second quarter ended June 30, 2022 at 7:00 a.m. Eastern Time on Thursday, August 4, 2022.   The Company will host a conference call via webcast for investors and other interested parties beginning at 9:00 a.m. Eastern Time on Thursday, August 4, 2022. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Karla Lunan, Chief Financial Officer, and Mark Davis, Vice President of Investor Relations and Chief Accounting Officer.   Participants may access the call/webcast by:

The Tile Shop to Host Second Quarter 2022 Earnings Conference Call

MINNEAPOLIS, May 19, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced Cabell Lolmaugh, CEO, Karla Lunan, CFO, and Mark Davis, Vice President of Investor Relations and Chief Accounting Officer, will participate in the 3rd Annual Loop Capital Markets Investor Conference.

The Tile Shop to Participate in the Loop Capital Markets Investor Conference

A cyclical slowdown due to rising interest rates along with the lapping of strong demand from last year should impact Tile Shop's growth. However, with the economy reopening, the company's strong presence in the professional segment could be beneficial, and the company is also raising prices to offset inflation.

Tile Shop: Not A Buy Even After The Recent Correction

The Tile Shop Holdings, Inc. (NASDAQ:TTSH ) Q1 2022 Earnings Conference Call May 6, 2022 9:00 AM ET Company Participants Mark Davis - Vice President, Investor Relations & Chief Accounting Officer Cabby Lolmaugh - Chief Executive Officer Karla Lunan - Chief Financial Officer Conference Call Participants David Kanen - Kanen Wealth Mark Smith - Lake Street Capital Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to The Tile Shop Holdings Incorporated First Quarter 2022 Earnings Conference Call.

The Tile Shop Holdings, Inc. (TTSH) CEO Cabby Lolmaugh on Q1 2022 Results - Earnings Call Transcript

Tile Shop Holdings Inc (NASDAQ: TTSH) reported first-quarter FY22 sales growth of 11.3% year-on-year, to $102.47 million, beating the consensus of $95.03 million. The comparable store sales increased 10.7% versus last year.

Tile Shop Reports Mixed Q1 Earnings

MINNEAPOLIS, May 06, 2022 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (Nasdaq: TTSH) (the “Company”), a specialty retailer of natural stone and man-made tiles, today announced results for its first quarter ended March 31, 2022.

News for Tile Shop Holdings Stock (TTSH)