Tile Shop (TTSH) Q2 Earnings Decline Y/Y, Gross Margin Expands
TTSHTile Shop(TTSH) ZACKS·2024-08-10 01:50

Tile Shop Holdings, Inc. (TTSH) reported earnings per share of 3 cents in the second quarter of 2024, which decreased 75% from the year-ago quarter’s figure of 12 cents.Revenues in DetailTile Shop registered revenues of $91.4 million in the second quarter, down 7.3% year over year.Comparable stores sales decreased 6.9% year over year in the second quarter of 2024, primarily due to a decline in traffic. This resulted from continued softness in existing home sales and resulting lower traffic in Tile Shop’s st ...