New insider activity at Tile Shop ( (TTSH) ) has taken place on March 7, 2025.
Significant shareholder Fund 1 Investments, LLC has made a notable acquisition of 77,500 shares of Tile Shop stock, with the purchase valued at $541,445.
Recent Updates on TTSH stock
Tile Shop Holdings, Inc. reported a challenging year in its Q4 2024 earnings, with a 5.9% decrease in net sales and a 5.8% decline in comparable store sales compared to the previous year. The company attributed these declines to reduced customer traffic, despite an increase in average order value. Tile Shop maintained a strong gross margin of 65.7% for the year, aided by lower international freight rates and cost reductions with suppliers, although inventory write-offs impacted margins. The company ended the year with no debt and a healthy cash position, generating $27.1 million in operating cash flow. Strategic initiatives included the expansion of competitively priced product lines and enhancements to the Superior product line, which showed positive growth. Looking forward, Tile Shop plans to close two unprofitable stores in 2025 and focus on optimizing existing operations, reflecting a cautious approach amidst ongoing market challenges.
More about Tile Shop
YTD Price Performance: 0.14%
Average Trading Volume: 130,805
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $315.7M
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