Tile Shop Q4 Faces Sales Dip And Lower EPS Amid Market Challenges



Tile Shop Holdings Inc (NASDAQ:TTSH) reported a fourth-quarter fiscal 2023 sales decline of 3.4% year-over-year, to $84.46 million, missing the consensus of $91.61 million.

Comparable store sales decreased 3.2% due to a decrease in traffic, which was partially offset by an increase in average ticket value.

The gross margin expanded 20 bps YoY to 64.7%. The …

Full story available on Benzinga.com


Leave a Reply

Your email address will not be published. Required fields are marked *