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    TILE SHOP HOLDINGS (TTSH)

    TTSH Q2 2024: Sequential Comps Rise 330bps on Execution Boost

    Reported on May 19, 2025 (Before Market Open)
    Pre-Earnings Price$6.00Last close (Aug 7, 2024)
    Post-Earnings Price$5.96Open (Aug 8, 2024)
    Price Change
    $-0.04(-0.67%)
    • Improved Store Sales Execution: Sequential comparable store sales improved by 330 basis points despite headwinds, indicating stronger operational execution.
    • Product Innovation and Cross-Selling Opportunities: The rollout of the enhanced Superior private label installation products positions the company to deepen relationships with professional customers and create additional cross-selling opportunities.
    • Robust E-commerce Growth: Investments in e-commerce have driven online orders up by over 25% year over year, setting the stage for continued growth in digital channels.
    • Comparable store sales declined by 6.9% year-over-year amid softer traffic, suggesting underlying weakness in demand.
    • SG&A expenses rose by $2.9 million (including higher rental and IT costs), which could pressure margins further.
    • Continued external headwinds due to softness in existing home sales trends highlight potential challenges in the broader market.
    1. No Q&A
      Q: No Q&A content available?
      A: The transcripts provided only include opening remarks and management updates, without any recorded Q&A section.

    Research analysts covering TILE SHOP HOLDINGS.