The Tile Shop reports Q4 EPS 1c vs 3c last year

Reports Q4 revenue $84.458M vs $87.473M last year. Cabell Lolmaugh, CEO, said, “We were pleased to see the sequential improvement in comparable store sales trends when compared to the third quarter of 2023. During the fourth quarter of 2023, we battled macro headwinds together with the typical seasonal slowdown in home remodel projects during the holidays. We are proud of the results we’ve delivered in 2023 by executing our strategy, managing expenses and reducing inventory levels. This helped us generate strong operating cash flows which made it possible to pay off our debt by year-end.”