Tile Shop Hldgs ( (TTSH) ) has released its Q2 earnings. Here is a breakdown of the information Tile Shop Hldgs presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Tile Shop Holdings, Inc., a specialty retailer in the United States, offers a wide range of natural stone, man-made, and luxury vinyl tiles, along with related accessories and services, through its extensive showroom network. In its second quarter of 2025, Tile Shop Holdings reported a 3.4% decrease in net sales compared to the previous year, with comparable store sales also declining by 3.5%. Despite these challenges, the company maintained a strong gross margin of 64.4% and reported a net income of $0.4 million. The company ended the quarter with no debt and $27.8 million in cash, reflecting a solid liquidity position. Key financial metrics for the quarter included an adjusted EBITDA of $4.9 million, down from $6.7 million in the previous year, and a gross profit decrease of 5.8% due to increased discounting and product costs. The company also closed a distribution center and one store to optimize operations and reduce costs. Looking ahead, Tile Shop Holdings remains focused on expanding its product assortment to attract a broader customer base, aiming to navigate the current market challenges effectively.