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Tile Shop (DE:2TS)
FRANKFURT:2TS
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 27, 2025
|% Change Since: -14.38%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected a challenging market environment for Tile Shop Holdings, Inc., with declines in comparable store sales and reduced gross margins in Q4. However, the company remains financially strong with no debt and a solid cash position, alongside growth in specific product lines and strategic initiatives aimed at improving future performance.Company Guidance
In the Q4 2024 earnings call for Tile Shop Holdings, Inc., guidance was provided for several key metrics. The company reported a 5.8% decrease in comparable store sales for the fourth quarter and a 7.8% decrease for the full year, primarily due to reduced store traffic. Gross margin for the fourth quarter decreased by 50 basis points to 64.2% due to inventory write-offs, while the annual gross margin increased by 130 basis points to 65.7%, driven by lower inventory purchasing costs and stabilizing freight rates. SG&A expenses for the fourth quarter were reduced by $1.3 million compared to the previous year, with notable decreases in depreciation, variable compensation, and advertising costs. For the year, SG&A expenses decreased by $2.5 million to $224.4 million. The company ended 2024 with $21 million in cash and no debt, generating $27.1 million in operating cash flow for the year. Looking forward, Tile Shop Holdings plans to close two unprofitable stores in 2025, bringing the total store count to 140, and will not open any new stores in the year. The focus will be on selective investments and right-sizing the expense structure amidst ongoing industry challenges.Cash Flow and Financial Position
Tile Shop Holdings, Inc. generated $27.1 million of operating cash flow in 2024, increasing their cash balance by over $12 million, ending the year with $21 million in cash and no bank debt.
Growth in Superior Product Line
The company reported growth in sales volumes of their relaunched Superior product line during the second half of 2024, providing a positive tailwind going into 2025.
Gross Margin Improvement for the Year
Gross margin rate improved by 130 basis points to 65.7% for the year 2024, driven by stabilizing international freight rates and reduced inventory purchasing costs.
Strategic Product Line Expansion
Initiatives to expand the selection of entry-level competitively priced products resulted in improved year-over-year sales and increased average order value.
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DE:2TS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DE:2TS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 27, 2025 | €7.30 | €7.35 | +0.68% |
| Nov 07, 2024 | €6.30 | €6.30 | 0.00% |
| Aug 08, 2024 | €5.40 | €5.25 | -2.78% |
| May 09, 2024 | €6.30 | €6.30 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tile Shop (DE:2TS) report earnings?
Tile Shop (DE:2TS) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Tile Shop (DE:2TS) earnings time?
Tile Shop (DE:2TS) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Tile Shop stock?
The P/E ratio of Tile Shop is N/A.
What is DE:2TS EPS forecast?
Currently, no data Available
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