Tile Shop Holdings, Inc. - TTSH STOCK NEWS

Tile Shop Holdings (TTSH) reported strong financial results for Q4 and full-year 2021, with net sales increasing by 10.6% for the quarter and 14.0% for the year. Comparable store sales rose 10.3% and 13.8%, respectively. The gross margin was 66.1% in Q4 and 68.3% for the full year. Net income reached $1.8 million in Q4 and $14.8 million for the year, leading to a diluted earnings per share of $0.04 and $0.29. The company also declared a special dividend of $0.65 per share, returning $33 million to shareholders.

Tile Shop Holdings, Inc. (Nasdaq: TTSH) will release its fourth quarter financial results for the period ending December 31, 2021, on March 3, 2022, at 7:00 a.m. ET. A conference call for investors will follow at 9:00 a.m. ET, hosted by CEO Cabell Lolmaugh, CFO Karla Lunan, and VP Mark Davis. Participants can access the call via a webcast on the company's website or by phone. The Tile Shop operates 143 stores across 31 states and offers a variety of high-quality tiles and related products.

Tile Shop Holdings (TTSH) announced Karla Lunan as the new CFO, effective January 3, 2022. Lunan brings over 20 years of experience, previously serving as CFO at MasTec’s Clean Energy and Infrastructure Group. She will work alongside current CFO Nancy DiMattia, who will advise until March 31, 2022. The company operates 143 stores in 31 states and the District of Columbia, showcasing its commitment to providing high-quality tile and service. Investors are encouraged to monitor the company's website for future disclosures.

Tile Shop Holdings (TTSH) announced that CEO Cabell Lolmaugh and Vice President Mark Davis will attend the Inflection Partners Virtual Conference this week. The company has provided an updated investor presentation available on their website, enhancing transparency for investors. Tile Shop specializes in natural stone and man-made tiles, operating 143 stores across 31 states and the District of Columbia. The company emphasizes its commitment to using its website for disclosures, ensuring investors stay informed through various communication channels.

Tile Shop Holdings (Nasdaq: TTSH) has declared a special dividend of $0.65 per share, payable on December 3, 2021, to shareholders on record by November 19, 2021. CEO Cabell Lolmaugh highlighted improved financial results for 2021, including increased revenue and operating margins, allowing the company to return capital to shareholders. The decision follows a thorough review of capital allocation alternatives by the Board and reflects strong cash flow.

Tile Shop Holdings (TTSH) reported Q3 2021 results, with net sales rising 13.2% to $92.24 million and comparable store sales increasing 12.8%. Gross margin improved to 68.2%, while net income reached $2.2 million, consistent with the previous year. However, the company noted rising costs for products and shipping, which may pressure margins. An announced special dividend of $0.65 per share is set for December 3, 2021. Adjusted EBITDA was $10.4 million, down from $11.1 million year-over-year.

Tile Shop Holdings, Inc. (Nasdaq: TTSH) will announce its third-quarter financial results for the period ending September 30, 2021, on November 4, 2021, at 7:00 a.m. Eastern Time. A conference call will follow at 9:00 a.m. for investors, hosted by CEO Cabell Lolmaugh and CFO Nancy DiMattia. Participants can join via webcast on the company’s website or by phone. Tile Shop operates 143 stores across 31 states and offers a diverse selection of tiles and related products, emphasizing quality and customer service.

Tile Shop Holdings (Nasdaq: TTSH) announced that CEO Cabell Lolmaugh and VP of Investor Relations Mark Davis will attend the B. Riley Securities Summer Summit this week. They will share updates on the company's performance and strategy, supported by an updated investor presentation available on their website. The Tile Shop is a leading specialty retailer of natural stone and man-made tiles, operating 143 stores across 31 states and D.C. Investors are encouraged to monitor the company's website for important disclosures and updates.

Tile Shop Holdings (TTSH) reported a robust second quarter for 2021, with net sales soaring by 42.0% to $96.2 million, compared to $67.7 million in Q2 2020. Comparable store sales also increased by 41.6%.

The company achieved a gross margin of 69.1% and net income of $5.5 million, resulting in diluted earnings per share of $0.11. Adjusted EBITDA rose to $15.4 million, reflecting strong demand for home improvement products. However, SG&A expenses increased by 24.6% to $58.8 million.