Tile Shop Holdings, Inc. operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories. It offers marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and ceramic, porcelain, glass, cement, wood look, and metal tiles primarily under the Rush River and Fired Earth brands. The company also manufactures setting and maintenance materials, such as thinset, grout, sealers, and accessories, including installation tools, shower and bath shelves, drains, and related products under the Superior brand name; and offers customers delivery service through third-party freight providers. As of March 11, 2021, it operated 143 stores in 31 states and the District of Columbia, the United States. Tile Shop Holdings, Inc. was founded in 1985 and is headquartered in Plymouth, Minnesota.
IPO Year:
Exchange: NASDAQ
Website: tileshop.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/19/2021 | $12.00 | Buy | Lake Street |
Lake Street initiated coverage of Tile Shop with a rating of Buy and set a new price target of $12.00
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MINNEAPOLIS, Dec. 06, 2024 (GLOBE NEWSWIRE) -- As 2024 comes to a close, new reports from Zillow1 and Houzz2 indicate that Cottage Chic style will be a dominant design trend of 2025. But homeowners don't need to wait until 2025 to get in on the trend, because The Tile Shop is ready to help you embrace Cottage Chic design right now with Wexbord and Coralie, the newest tiles in its exclusive collaboration with British brand Laura Ashley. "Cottage Chic design draws inspiration from the rustic charm and cozy style of the English countryside," said Kirsty Froelich, director of design, The Tile Shop. "The Laura Ashley aesthetic was built on these elements, so it's a perfect fit for our new
MINNEAPOLIS, Nov. 07, 2024 (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 third quarter ended September 30, 2024. Third Quarter 2024 Summary Net Sales Decreased 8.3%Comparable Store Sales Decreased 7.9% Gross Margin of 66.5%Net Income of $41 Thousand and Adjusted EBITDA of $5.0 MillionCompany Remains Bank Debt Free with $25 Million of Cash Management Commentary – Cabell Lolmaugh, CEO "Despite continued headwinds impacting the home improvement industry and our near-term performance, we have continued to be proactive with driving connections with
MINNEAPOLIS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (NASDAQ:TTSH) (the "Company"), a specialty retailer of natural stone tiles, man-made and luxury vinyl tiles, setting and maintenance materials, and related accessories, today announced that the Company will release financial results for the third quarter ended September 30, 2024, at 7:00 a.m. Eastern Time on Thursday, November 7, 2024. 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, November 7, 2024. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Mark Davis, Chief Financial Officer, and Ken Cooper,
MINNEAPOLIS, Oct. 24, 2024 (GLOBE NEWSWIRE) -- The Tile Shop (NASDAQ:TTSH) today announced the addition of two new tile designs to its long-standing collaboration with the Annie Selke Companies. The new arrivals to the collection include five new products in total: The abstract, watercolor-inspired "Botanical" patterned tile, as well as "Bloom," an artistic and whimsical mosaic available in four neutral colorways. "At The Tile Shop, we love using works of art as inspiration for tile—and using tile to transform spaces into works of art," said Kirsty Froelich, Director of Design, The Tile Shop. "The newest Annie Selke Tile pieces are packed with creative details that will bring walls and fl
MINNEAPOLIS, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Fans of the British heritage brand Morris & Co., the original company founded by William Morris, will soon have even more ways to incorporate its famed Arts & Crafts designs into their homes with the latest additions to the Morris & Co. Tile collection, an exclusive collaboration with The Tile Shop (NASDAQ:TTSH). The specialty retailer of natural stone and man-made tiles began offering Morris & Co. Tile in 2021. During that time, Morris & Co. Tile has continued to resonate with The Tile Shop's customers, and today the collection includes the retailer's top-selling patterned tile, Pure Net. The newest pieces offer interpretations of
MINNEAPOLIS, Aug. 08, 2024 (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, 2024. Second Quarter 2024 Summary Net Sales Decreased 7.3%Comparable Store Sales Decreased 6.9% Gross Margin of 66%Net Income of $1.2 Million and Adjusted EBITDA of $6.7 MillionDiluted Earnings per Share of $0.03 Management Commentary – Cabell Lolmaugh, CEO "I'm pleased with the team's execution during the quarter, which contributed to a sequential improvement in our comparable store sales results. We continue to see soft
MINNEAPOLIS, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Celebrity interior designer Nikki Chu's modern, luxurious spaces have captivated star clientele from L.A. to Miami for more than 20 years. Now, customers everywhere can give their homes the A-list treatment with Nikki Chu Tile, a collection of chic, globally inspired pieces available exclusively at The Tile Shop, the Minnesota-based specialty retailer of natural stone and man-made tiles. This is the debut tile collection from Chu, whose growing design empire already includes rugs, wallpaper and other home décor. Chu worked closely with The Tile Shop's design team to bring her aesthetic to life in tile, translating some of her most iconic rug
MINNEAPOLIS, Aug. 01, 2024 (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, 2024 at 7:00 a.m. Eastern Time on Thursday, August 8, 2024. 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 8, 2024. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Mark Davis, Chief Financial Officer, and Ken Cooper, Investor Relation
MINNEAPOLIS, May 09, 2024 (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 first quarter ended March 31, 2024. First Quarter 2024 Summary Net Sales Decreased 10.1%Comparable Store Sales Decreased 10.2% Gross Margin of 65.8%Net Income of $1.7 Million and Adjusted EBITDA of $7.4 MillionDiluted Earnings per Share of $0.04Cash Provided by Operating Activities of $18.6 MillionEnding Cash Balance of $24.0 Million and No Long-Term Debt Management Commentary – Cabell Lolmaugh, CEO "Continued softness in existing home sales contributed to lower levels of traffic in
MINNEAPOLIS, May 02, 2024 (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 first quarter ended March 31, 2024 at 7:00 a.m. Eastern Time on Thursday, May 9, 2024. 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, May 9, 2024. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Mark Davis, Chief Financial Officer, and Ken Cooper, Investor Relations. To
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MINNEAPOLIS, Nov. 07, 2024 (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 third quarter ended September 30, 2024. Third Quarter 2024 Summary Net Sales Decreased 8.3%Comparable Store Sales Decreased 7.9% Gross Margin of 66.5%Net Income of $41 Thousand and Adjusted EBITDA of $5.0 MillionCompany Remains Bank Debt Free with $25 Million of Cash Management Commentary – Cabell Lolmaugh, CEO "Despite continued headwinds impacting the home improvement industry and our near-term performance, we have continued to be proactive with driving connections with
MINNEAPOLIS, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Tile Shop Holdings, Inc. (NASDAQ:TTSH) (the "Company"), a specialty retailer of natural stone tiles, man-made and luxury vinyl tiles, setting and maintenance materials, and related accessories, today announced that the Company will release financial results for the third quarter ended September 30, 2024, at 7:00 a.m. Eastern Time on Thursday, November 7, 2024. 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, November 7, 2024. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Mark Davis, Chief Financial Officer, and Ken Cooper,
MINNEAPOLIS, Aug. 08, 2024 (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, 2024. Second Quarter 2024 Summary Net Sales Decreased 7.3%Comparable Store Sales Decreased 6.9% Gross Margin of 66%Net Income of $1.2 Million and Adjusted EBITDA of $6.7 MillionDiluted Earnings per Share of $0.03 Management Commentary – Cabell Lolmaugh, CEO "I'm pleased with the team's execution during the quarter, which contributed to a sequential improvement in our comparable store sales results. We continue to see soft
MINNEAPOLIS, Aug. 01, 2024 (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, 2024 at 7:00 a.m. Eastern Time on Thursday, August 8, 2024. 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 8, 2024. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Mark Davis, Chief Financial Officer, and Ken Cooper, Investor Relation
MINNEAPOLIS, May 09, 2024 (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 first quarter ended March 31, 2024. First Quarter 2024 Summary Net Sales Decreased 10.1%Comparable Store Sales Decreased 10.2% Gross Margin of 65.8%Net Income of $1.7 Million and Adjusted EBITDA of $7.4 MillionDiluted Earnings per Share of $0.04Cash Provided by Operating Activities of $18.6 MillionEnding Cash Balance of $24.0 Million and No Long-Term Debt Management Commentary – Cabell Lolmaugh, CEO "Continued softness in existing home sales contributed to lower levels of traffic in
MINNEAPOLIS, May 02, 2024 (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 first quarter ended March 31, 2024 at 7:00 a.m. Eastern Time on Thursday, May 9, 2024. 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, May 9, 2024. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Mark Davis, Chief Financial Officer, and Ken Cooper, Investor Relations. To
MINNEAPOLIS, Feb. 29, 2024 (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 fourth quarter and full-year ended December 31, 2023. Fourth Quarter 2023 Summary Net Sales Decreased 3.4%Comparable Store Sales Decreased 3.2% Gross Margin of 64.7%Net Income of $0.6 Million; Adjusted EBITDA of $6.6 MillionDiluted Earnings per Share of $0.01 Full-Year 2023 SummaryNet Sales Decreased 4.4%Comparable Store Sales Decreased 4.1% Gross Margin of 64.4%Net income of $10.1 Million; Adjusted EBITDA of $38.8 MillionDiluted Earnings per Share of $0.23No Debt Outstanding
MINNEAPOLIS, Feb. 22, 2024 (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 fourth quarter ended December 31, 2023 at 7:00 a.m. Eastern Time on Thursday, February 29, 2024. 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, February 29, 2024. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Karla Lunan, Chief Financial Officer, and Mark Davis,
MINNEAPOLIS, Nov. 02, 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 third quarter ended September 30, 2023. Third Quarter Summary Net Sales Decreased 5.2%Comparable Store Sales Decreased 4.9% Gross Margin of 64.7%Net Income of $1.8 Million and Adjusted EBITDA of $8.3 MillionDiluted Earnings per Share of $0.04Reduced Long-Term Debt by $10.0 Million in the Third Quarter and $35.4 Million Year-to-Date Management Commentary – Cabell Lolmaugh, CEO "We again displayed the cash flow power of our model as we reduced our debt levels by $10 million
MINNEAPOLIS, Oct. 26, 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 third quarter ended September 30, 2023 at 7:00 a.m. Eastern Time on Thursday, November 2, 2023. 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, November 2, 2023. The call will be hosted by Cabell Lolmaugh, Chief Executive Officer, Karla Lunan, Chief Financial Officer, and Mark Davis, Vice Pre