other
confidence high
sentiment positive
materiality 0.75
Tile Shop Q3 sales up 13.2% to $92.2M; declares special dividend $0.65/share
TILE SHOP HOLDINGS, INC.
- Q3 net sales $92.2M (+13.2% YoY); comparable store sales +12.8%.
- Net income $2.2M ($0.04 diluted EPS); adjusted EBITDA $10.4M (11.3% of sales).
- Gross margin 68.2% vs 67.9% a year ago; increased product and shipping costs cited.
- Board declares special dividend of $0.65/share, payable Dec 3 to holders of record Nov 19.
- Inventory increased $7.8M from Q2 to $76.7M at end of Q3.