Tile Shop Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 02, 2023 at 07:30 am EDT
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Tile Shop Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 92.11 million compared to USD 97.15 million a year ago. Net income was USD 1.84 million compared to USD 3.82 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.08 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.08 a year ago.
For the nine months, sales was USD 292.69 million compared to USD 307.23 million a year ago. Net income was USD 9.44 million compared to USD 14.25 million a year ago. Basic earnings per share from continuing operations was USD 0.22 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.22 compared to USD 0.28 a year ago.
Tile Shop Holdings, Inc. is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. The Company offers an assortment of natural stone and man-made tile products. Its natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. The Company's man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile. The Companyâs assortment of accessories, including mosaics, pencils, listellos, and other products. It also offers a range of setting and maintenance materials, such as thinset, grout, sealers, and accessories, including installation tools, shower and bath shelves, drains, and similar products. The Company also offers customers delivery service through third-party freight providers. The Company sells its products under brand names, including Superior Adhesives & Chemicals, Superior Tools & Supplies, Rush River, and Fired Earth.
TILE SHOP HOLDINGS, INC. 
