Tile Shop Holdings, Inc. (TTSH) Tops Q4 EPS by 1c

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

March 2, 2023 7:00 AM EST

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.

Fourth Quarter 2022 Summary

Net Sales Decreased 3.0%Comparable Store Sales Decreased 2.8% Gross Margin of 64.5%Net income of $1.5 Million; Adjusted EBITDA of $8.9 MillionDiluted Earnings per Share of $0.03

Full-Year 2022 SummaryNet Sales Increased 6.5%Comparable Store Sales Increased 6.5%... More