Tile Shop Q4 net sales down 3.4% YoY; EPS $0.01; full-year net income $10.1M

TILE SHOP HOLDINGS, INC.

2023-FY EPS reported $0.23 revenue$377,146,000

Q4 net sales $84.5M, down 3.4% YoY; comp store sales declined 3.2%.
Q4 net income $0.6M, diluted EPS $0.01; adjusted EBITDA $6.6M vs $8.9M a year ago.
Full-year 2023 net sales $377.1M (-4.4%); net income $10.1M ($0.23 EPS); adjusted EBITDA $38.8M.
No debt outstanding at Dec 31, 2023; cash and equivalents $8.6M.
Board approved salary increases: CEO to $424k, CFO to $309k, effective Jan 1, 2024.

item 2.02 item 5.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

TILE SHOP HOLDINGS, INC. reported financial results for the fourth quarter and year ended December 31, 2023.

Period: the fourth quarter and year ended December 31, 2023
Result: reported results

Exact text from the filing

On February 29, 2024, Tile Shop Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.

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TILE SHOP HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001104659-24-029056

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